HomeMy WebLinkAboutCOM 0941.046 2022-2024From: Cheryl Tanguay
Sent: Monday, August 5, 2024 5:50 PM
To: Council Testimony
Subject: In Support of Resolution 561-24 Requesting approval to use PONC funds
RE: Resolution 561-24 Requesting approval to use PONC funds to purchase
68.84 Acres locally know as Royal Vistas in Kailua Kona, Hawaii
I urge you to approve the Royal Vistas project with PONC funds so IF the property becomes
available for purchase the county is ready, willing and able to purchase it. Your approval does
two things:
• Provides the developers with a ready, willing and able cash buyer if they decide to
sell in the future at fair market value.. This is only an OPTION IF they decide to sell to
the county in the future.
Although the Royal Vistas property of 68 acres is not currently for sale, it may be in the future.
—AUG