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HomeMy WebLinkAboutREP FC 280 10/22/2002 2000-2002 REPO{ZT OF T{-11; COMMITTEE Oh FINAN~'F, DATE: October 2002 Rc: Comm. No. 77OilZes. No. 1-02 PLAC"[~: Council C'hamhers "TIME: 10:40 a.m. Council Chair and Members Hawaii Count~~ Council Ililo, Hawaii 96720 Your Committee on Finance, to which was referred Resolution No. 1-02, reports as lollo~~s: Resolution Nu. 25]-02. transmitted b~~ Director of Finance ~'illiam ~[akaha. ~~ia Conui~unication No. 770, dated Uctober 2002, authorises the Director of Finance to execute a ~~rant oi~ easement in t~ivor of Niu Pia farms. LTD. The County of I~awai`i is the owner of a public ri~~ht ol~wa~~ situated at halol:o_ '~J~~rth hone. [stand of Hawaii. I Iawai'i. identified b~ Tax Map Kc~ No. )7-;-~ 1. The Niu Pia Farms. 1,td. desires to purchase two easements for the portions of the r~tainin~.~ ~~~~~ll that encroaches onto the puhlic right of~ wav. An independent appraiser determined that the fair market ~-aloe of the rctainin~ wall easement is $1,425 with an area of 178 square feet. Pursuant to Section 2-1 1 1, Ha~yai'i Count~~ Code, the finance director may he authorised h~ resolution ol~the Count~~ Council to .rant an easement for a particular purpose. suhject to a reverter back to the County upon termination or ahandonment of the spccilic purpose. An amendment was made to Resolution No. 2>1-(l2, ~yhich added the lax Map Key Nu. in the second Whereas clause. Your Committee on Finance is in accord ~~°ith the purpose and intent ~)f IZesulution No. 2~ 1-(12_ as amended to Draft and recol~~mends its adoption. Sn1C \ll(ti \OICti \\I( 1.\ Rrspcctflilly suhmiu~~i CHUNC X Plslcctno X C( [TTF:I~:ON I~INnNC}~: ARAKAKI X ELARIONOFF X ~ LEITHEAD-TODD X ~ ~ - SAFARIK x nARUN S.Y. C f[ ENG. CH~~~1R~ Tt~LF:R X FC IZ1:1'OR[~LO. 28U