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HomeMy WebLinkAboutREP FC 134 2020/09/01 2018-2020 REPORT OF THE COMMITTEE ON FINANCE DATE: September 1, 2020 Re: Comm. No. 1042/Res. No. 715-20 PLACE: Council Chambers Hilo, Hawai`i TIME: 9:05 a.m. Council Chair and Members Hawai`i County Council Hilo, Hawai`i 96720 Your Committee on Finance, to which was referred Resolution No. 715-20, reports as follows: Resolution No. 715-20, transmitted by Finance Director Deanna Sako, via Communication No. 1042 dated August 13, 2020, authorizes the grant of easement for utility purposes at Koholalele, District of Hamakua, County and State of Hawai`i, Tax Map Keys: 4-2-005:001 (por.), and 4-2-005:005 (por.) to Hawai`i Electric Light Company, Inc. This resolution provides that Hawai`i Electric Light Company seeks to increase its interest from a Revocable Rights of Entry Agreement to a grant of easement in exchange for a payment of$26,300 to continue maintenance of the utility poles and lines providing service to its customers. A motion to move Resolution No. 715-20 to Council with a positive recommendation was made by Council Member Valerie T. Poindexter, and seconded by Council Member Herbert M. T. Richards, III. There was no discussion on this matter. Your Committee on Finance is in accord with the purpose and intent of Resolution No. 715-20, and recommends its adoption. db AYES NOES ABS EX Respectfully submitted, CHUNG X DAVID x COMMITTEE ON FINANCE EOFF X KANEALI`1-KLEINFELDER X A, / KIERKIEWICZ X LEE LOY X POINDEXTER X MAILE MEDE ROS DAVID, CHAIR RICHARDS X FC REPORT NO.: 134 VILLEGAS X ADOPTED: SEP 1 6 2020