HomeMy WebLinkAboutREP FC 132 2022/04/05 2020-2022 REPORT OF THE
COMMITTEE ON FINANCE
DATE: April 5, 2022 Re: Comm.No. 704/Res.No. 361-22
PLACE: Council Chambers
Hilo, Hawaii
TIME: 2:12 p.m.
Council Chair and Members
Hawaii County Council
Hilo, Hawaii 96720
Your Committee on Finance, to which was referred Resolution No. 361-22, reports as follows:
Resolution No. 361-22, transmitted by Finance Director Deanna S. Sako via Communication No. 704
dated March 17, 2022, authorizes the Director of Finance to negotiate a multi-year lease of real
property, Old Waimea Tax Office, situated at Waimea, South Kohala, County and State of Hawaii,
identified as Tax Map Key 6-7-002:025, to the Waimea Preservation Association.
This resolution authorizes the negotiation of a lease with the Waimea Preservation Association,
which would use the property as a historical resource center.
Committee Member Holeka Goro Inaba asked Ms. Sako to provide reasoning as to why there is no
value attached to the resolution and how the department will ensure a fair rate. Ms. Sako stated that
Finance is still early into the negotiations, but she predicts it will be a very low rate as it is a nonprofit
negotiation. Ms. Sako then stated that she will provide that information prior to the next reading.
Assistant Corporation Counsel J Yoshimoto stated that, according to Parks and Recreation staff,the
current negotiated rate is $75 a month, which is consistent with the prior rate.
Pursuant to Article 19, Section 2-120(a)(2), Hawaii County Code, the Council may, by resolution,
direct the Finance Director to negotiate the disposition of real property by leasing it to nonprofit
organizations, at such rentals and on such terms and conditions as deemed proper.
Your Committee on Finance is in accord with the purpose and intent of Resolution No. 361-22, and
recommends its adoption.
are
AYES NOES ABS EX Respectfully submitted,
CHUNG x
DAVID x COMMITTEE ON FINANCE
INABA X
KANEALI`I-KLEINFELDER
KIERKIEW ICZ X
KIMBALL X MATT KANEALI`I-KLEINFELDER, CHAIR
LEE LOY X
RICHARDS X FC REPORT NO.: 132
vtLLEGAS X ADOPTED: APR 2 0 2022