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HomeMy WebLinkAboutREP FC 173 01/08/2002 2000-2002 REPORT OF' THE COIVIIVIITTEE ON FINANCE DATE: January 8, 2002 Re: Comm. No. 466/Res. No. 161=02 PLACE: Council Chambers TIME: 10:43 A.M. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Resolution No. 161-02, reports as follows: Resolution No. 161-02, transmitted by Dominic Yagong, Chair of the Committee on Parks and Environmental. Management, via Communication No. 446, dated December 26, 2001, authorizes the finance director to sale/transfer or exchange of the former Hamakua Sugar Company, Inc. lands now under county Ownership or, in the interim, for short-term leases for agricultural purposes. Resolution No. 161-02 authorizes the Finance Director to proceed with the sale of real property by auction or negotiations for a land exchange of certain former Hamakua Sugar Company, Inc. lands now under County ownership (4,417,596 acres), which are delineated on a list labeled Exhibit A, for certain properties under private ownership, which are delineated on a list labeled Exhibit B or for other lands as they may become available. The resolution further proposes that in the short-term and while negotiations for land exchange are occurring, the County is desirous of offering two-year pastoral leases on the Hamakua land with month-to-month options thereafter for the purpose of keeping weeds, grass and other vegetation under control. In 1994, the Council accepted approximately 4,400 acres of land by Commissioner's Quitclaim Deed as a settlement for retroactive real property taxes among Western Farm Credit Bank, the County of Hawaii and Hamakua Sugar Company, Inc. Then on January 16, 1998, the Council requested the Mayor develop a disposition plan for the former Hamakua Sugar Company, Inc., lands now under County ownership. On October 7, 1998, the Council adopted Resolution No. 333-98 requesting the Mayor reformulate a partial or total disposition plan in accordance with the provision of Chapter 2, Article 19, Hawaii County Code, for the former Hamakua Sugar Company, Inc. Further, the County Council adopted Resolution No. 113-99 on September 9, 1999, which authorized the Finance Director to dispose/exchange former Hamakua Sugar Company, Inc. properties with properties listed in that resolution; however no disposition andlor transfer was ever completed. FC REPORT NO. 173 Pursuant to Section 2-11 1, Hawaii County Code, the council may, by resolution, as approved by a majority of its members, direct the finance director to dispose of real property in fee simple or to exchange real property for private property. Further, Section 2-115, Hawaii County Code, provides that no exchange of real property for private property shall be made except for public purposes, including, but not limited to ...consolidation of holdings of real property. Your Committee on Finance is in accord with the purpose and intent of Resolution No. 161-02 and recommends its adoption. smc Al ES !voES ASE Ex Respectfully submitted CIIUNG X ~ISICC~~IO x COMMITTEE ON FINANCE ARAKAKI X ELAIiI®N®FF a( JACOI3s®N LEITI{EA®-TOIB® X SAFAILIK X AARON S.Y. CHLING, AIR TvLEIt X FC REPORT NQ~ 173_ _ YAGONG X ADOPTED: ~i11 ~r ~ q ~fj~,