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COUNTY OF HAWAII STATE OF HAWAII <br /> <-vsyv= <br /> RESOL[;TIOn ti0. 5~ U1 <br /> RESOLUTION AUTHORIZING AI~"D EMP01~1'ERING THE FINANCE DIRECTOR TO <br /> ACQUIRE TAX MAP KEYS (3)2-4-025 044 AND 2-4-025 046 FOR FUTURE EXPANSION <br /> OF THE PUBLIC SAFETY COMPLEX FOR LAW ENFORCEMENT PURPOSES <br /> WHEREAS, the County of Hawaii is the owner of Tax Map Key (3)2-4-025 028, where <br /> the Public Safety Building ~s located (see Exh~b~t "A" attached), and <br /> W7IEREAS, the i1a•o abutting properties, being Tax :vlap Keys (3)2-4-025 044 and <br /> 2-4-025 046 are currently vacant, available for a limited time, and would provide the police <br /> department with room to accommodate their ever growing needs, <br /> WHEREAS, these hvo abutnng properties are currently subJect to oversight by the United <br /> States Bankruptcy Court, D~stnct of Hawai'~, and <br /> «'HEREAS, the owner of the two abutting properties desires to sell the properties and the <br /> Hawaii County Police Department is interested m acginnng the two abutting properties, and <br /> V6'HEREAS, by certified letter dated August 28, 2000 (see Exh~b~t "B" attached), the <br /> County of Hawa~'i, for and on behalfof the Hawa~`~ County Police Department, submitted an <br /> <br /> offer to purchase the two abutting propemes, subJect to certain conditions, and <br /> ~4•'HEREAS, by Order Granting Debtor's Motion to Sell Property Other Than in The <br /> Normal Course of Business, dated January 19, 2001 (see Exhibit "C" attached), the United States <br /> Bankruptcy Court granted permission to allowing the sale ofthe two abutting properties by direct <br /> negonat~ons with the County of Hawa~`i, and <br /> ~l'IIEREAS, money for the acgms~tion of the two abutnng properties is available through <br /> the Asset Forfeiture Fund, and <br /> WHEREAS, the U S Department ofJusnce, m [heir letter ofluly 17, 2000 (see <br /> l;xhibit "D" attached), has approved the use of the Asset Forfeiture Fund for the acgmsrtion of <br /> the two abutnng propertres, provided the properties are used for law enforcement purposes, and <br /> WHEREAS, the County can acquire these hvo unique parcels for 5175,000 with proceeds <br /> from the asset forfeiture account w•h~ch is below them current assessed value of $200,000 <br /> <br />