HomeMy WebLinkAboutREP FC 023 01/18/2007 2006-2008 REPORT OF THE
COMMITTEE ON FINANCE
DATE: January 18, 2007 Re: Comm. No. 73/Res. No. 33-07
PLACE: Council Chambers
TIME: 1:00 p.m.
Council Chair and Members
Hawaii County Council
Hilo, Hawaii 96720
Your Committee on Finance, to which was referred Resolution No. 33-07, reports as follows:
Resolution No. 33-07, transmitted by Director of Finance William Takaba, via Communication
No. 73, dated January 3, 2007, authorizes the acceptance of monetazy donation from Continental
Pacific, LLC for the Kula`imano Pazk Expansion Project.
Committee Chairman Dominic Yagong, relinquished the chair to Committee Vice-Chair Robert
Jacobson, to be able to make the motion be able to make the motion on the measure.
Resolution No. 33-07, Draft 2 was submitted to the Committee by Dominic Yagong, to amend as
follows:
"WHEREAS the Pepe`ekeo Community Association was involved in the discussion between the
County of Hawaii and Continental Pacific LLC and is in a¢reement with the specific roumoses
of spendin¢ the funds for said improvements at Kula`imano Center and Park; and
WHEREAS the Pepe`ekeo Community Association shall serve in an advisory capacity to the
Department of Parks and Recreation as to how the funds will be spent on improvements to
recreation amenities at Kula`imano Center and Park; and"
In the resolved portion of the resolution to which was added the amendment as follows:
"BE IT FURTHER RESOLVED that the Department of Parks and Recreation shall work with
the Pe~`ekeo Community Association to be Dart of the decision makine rorocess for the use of
funds contributed from Continental Pacific LLC and that a letter of notification and a copy of
this resolution be sent to Ms Lorraine Mendoza, President of the Pepe`ekeo Community
Association Post Office Box 877 Peroe`ekeo. Hawaii 96783."
Continental Pacific, LLC has committed to contribute to the County of Hawaii, the sum of
$15,000 from each sale of the 221ots known as the Pepe`ekeo North SMA and the Pepe`ekeo
South SMA lots at Pepe`ekeo Point. Their expected contribution totaling up to $330,000, will be
used for the specific purpose of the design and construction of improvements at the Kulaimano
Center and Park.
The County of Hawaii has already received $30,000 from Continental Pacific, LLC due to the
sale of 21ots.
FC REPORT NO. 23
Page -2-
Resolution No. 33-07
Pursuant to Article XIII, Section 13-12, Hawaii County Charter, the Council, on behalf of the
County, may accept gifts or donations of personal property.
A letter of appreciation will be sent to the Mr. Michael Kennedy, Manager, Continental Pacific,
LLC at 36 Poko Place, Hilo, Hawaii 96720, acknowledging this generous donation.
Your Committee on Finance is in accord with the purpose and intent of Resolution No. 33-07 as
amended with Draft 2, and recommends its adoption.
la
AYES NOES A&E EX Respectfully submitted,
FORD X
HIGA X COMMITTEE ON FINANCE
HOFFMANN X
IKEDA X
JACOBSON X
NAEOLE X
PILAGO X DOMINIC YAG G, R
YAGONG X FC RE RT O. 23
YOSHIMOTO X ADOPTED: FEB O ~ 2007