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HomeMy WebLinkAboutCOM 0730.003 1998-2000 AARON S.Y. CHLJNG . ~ Phone: (808) 961-8396 Councilmember ~ Fax: (808) 961-8912 ..a,N'~ COUNTY COUNCII:' County of Hawaii Hawaii Counry Building 25 Aupuni Street Hilo. Hawaii 96720 Apri124, 2000 TO: Council Members FROM: Aaron Chung, Chair Committee on Finance RE: Resolution No. 241-00, Drafr 2 Authorizing Sale in Fee Simple of Lot 6 of "Crossroads" Property This is transmit Resolution No. 241-00, Draft 2, which was the result of an amendment made at the Finance Committee meeting of April 18, 2000. Draft 2 adds the following: "WHEREAS, on June 19, 1998, the Council adopted Resolution No. 279-98, requesting the mayor to negotiate with SoBay Hawaii, Inc., to acquire the beachfront parcel at Wai`aha, North Kona, Hawaii, identified by TMK: 7-5-18:20 for public purposes; and WHEREAS, on March 22, 2000, the Council adopted Bill ] 98, which amended the Capital Budget in order to acquire the Wai`aha Bay property identified as TMK: 7-5-18:20. BE IT FURTHER RESOLVED that the proceeds derived from the sale of the subject property (TMK: 7-5-04:63) shall be used solely for projects in the North Kona district, with first priority given to the acquisition of lands of Wai`aha, per Ordinance No. 00-36 (Bill 198), unless otherwise directed by the Council." Att. J~eS. ,24/-00~ D. ~ Comm. No. 73 ~ ' ~03 File No. ~ /1 let. To: P/ rC xet'. Date APR 2 4 2000