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~YY O~ Jl.`? COUNTY OF HAWAII STATE OF HAWAII RESOLUTION NO. 345 0'7 A RESOLUTION TO AMEND THE ZONE BOUNDARIES OF THE HILO-PUNA AND NORTH KOHALA ENTERPRISE ZONES. WHEREAS, the County of Hawaii encourages sound economic development on the Island of Hawaii; and WHEREAS, the designation of Enterprise Zones in Hawaii County provides approved businesses with tax incentives to generate employment; and WHEREAS, the State of Hawaii, through chapter 209E, Hawaii Revised Statutes, and chapter 6 of title 15, Hawaii Administrative Rules, has established procedures for designating Enterprise Zones for the purpose of stimulating business and industrial growth; and WHEREAS, the County of Hawaii through Ordinance 94-08 enabled the establishment of, and codified as chapter 31 in the Hawaii County Code, an Enterprise Zone Program; and WHEREAS, Hawaii County is allowed up to six Enterprise Zones, which are selected by the County governments based on the State government eligibility criteria and formally designated by the governor; and WHEREAS, six Enterprise Zones have been established on the County of Hawaii; and WHEREAS, at the time of the drafting of this resolution, there aze 53 individual businesses that have been approved and are receiving benefits within these six Enterprise Zones; and WHEREAS, paragraph 31-5(b)(2), Hawaii County Code 1983 (2005 Edition, as amended) provides, pursuant to a resolution adopted by the council, that requests for amendments to current Enterprise Zones may be considered if the amendment relates to a change in zone boundaries; and WHEREAS, in order to increase the opportunity for employment in these designated areas the County of Hawaii is seeking to expand two of the six Enterprise Zones to enable additional businesses to participate in the Enterprise Zone Program; now, therefore, BE IT RESOLVED BY THE COUNCIL OF THE COUNTY OF HAWAII that the following Enterprise Zones within Hawaii County be amended according to the delineations submitted with this resolution (Exhibit A) and maps attached hereto (Exhibits B and C): (1) Hilo-Puna Enterprise Zone (amendment- Exhibit B);