HomeMy WebLinkAboutREP FC 104 05/01/2007 2006-2008 REPORT OF THE
COMMITTEE ON FINANCE
DATE: May 1, 2007 Re: Comm. No. 356/Res. No. 173-07
PLACE: Sheraton Keauhou Bay Resort & Spa
78-128 `Ehukai Street
Kailua-Kona, Hawaii
TIME: 9:00 a.m.
Council Chair and Members
Hawaii County Council
Hilo, Hawaii 96720
Your Committee on Finance, to which was referred Resolution No. 173-07, reports as follows:
Resolution No. 173-07, transmitted by Director of Finance William Takaba, via Communication
No. 356, dated April 18, 2007, authorizes the acquisition of private property by eminent domain,
being Tax Map Key: (3) 9-2-101-037, situate at Kahuku, District of Ka`u, County and State of
Hawaii, for the Hawaiian Ocean View Estates Exploratory and Construction Well Project. The
County will be doing an exploratory and production well and supporting facilities project which
improvements generally consists of drilling and testing of an exploratory well, outfitting a well into
a production well, construction of a reservoir, transmissions line and a public dispensing facility.
The improvements will provide a regional benefit for a public purpose and use which benefits the
County of Hawaii.
This project will acquire the acquisition of said property which is owned by Aaron King, identified
as Lot 2, Block 168, of the "Hawaiian Ocean View Estates", as shown on File Plan No. 787,
containing an azea of 43,562 squaze feet, more or less.
Pursuant to Section 2-10 of the Hawaii County Code, the Corporation Counsel is hereby authorized
and empowered to negotiate terms of settlement in accordance with this section, and the approval of
the court before which such proceedings are prosecuted.
Your Committee on Finance is in accord with the purpose and intent of Resolution No. 173-07
recommends its adoption.
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Hues noes nae ex Respectfully submitted,
FORD X
HIGA x COMMITTEE ON FINANCE
HOFFMANN X
i
IKEDA X \
JACOBSON X
NAEOLE X
PILAGO x DOMINIC YAGO , CH
YAGONG X FC RE T NO. 104
voSHIMOTO X ADOPT D: MA ~ E 2007