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Home My WebLink AboutREP FC 140 09/16/2003 2002-2004REPORT OF THE COMMITTEE ON FINANCE DATE: September 16.2003 Re: Comm. No. 341/Res. No. 105-03 PLACF,: Council Chambers LIME: 10:10 a.m. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Resolution No. 105-03, reports as follows: Resolution No. 105-03, transmitted by Director of Finance William "fakaba, via Communication No. 341, dated September 4, 2003, amends transfers funds as follows: From: 010-101-5101.91 Contingency Relief General $335,000 To 010-1 11-5111.02 Oftice of Management - OCIi General $100,000 010- 121-5121.15 Cost of Sale -Hamakua Land General $225,000 With regards to the Hamakua lands. funds are required to proceed with the survey work necessary to sell the remaining County properties in the Hamakua area. In some cases consolidation/resubdivision is required to allow access to all propcrties. Communication No. 341.1 from Director of Finance William 'fakaba, dated September 9, 2003. provided information and justification for the $225,000 request to assist in funding additional preparation work required to sell the County's Hamakua properties. Currently, the County has three properties listed for sale with a realtor. Two of those properties are in escrow, with one expected to close in approximately two weeks. The County has one additional property in escrow that it is selling directly. It also is expected to close within two weeks. The cost incurred to date is $A,104.15 for title reports on eleven parcels and appraisals on five parcels. An additional amount of approximately $50,000 will be deducted 1i-om sales proceeds to pay for surveying. The realtor's commission for the two properties in escrow will be about $49,000. 'Ib sell the remaining county properties in a manner other than wholesale will require surveying work and the resolution of access issues. If the properties must be surveyed, the additional cost to subdivide into the available legal lots becomes more reasonable. The original fiscal year 2003-2004 budget request of $300,000. which was proposed in May, was intended to fund required appraisal, title reports and survey work to keep the property sales project moving forward. At this tithe, $225,000 is being requested to meet the immediate needs 1br survey and appraisal of propcrties next in line to be sold, and to complete the purchase of title reports for all properties. PC REPORT NO. 140 Communication No. 341? from Mayor 1~arry Kim, dated September 7, 2003, provided information and justification for the request of $100,000 from the Councils Contingency Account to help Hawaii County communities comply with the Environmental Protection Agency's upcoming ban on large capacity (or gang) cesspools by April 5, 7005. The funds will be used, along with $22,000 from the administration's budget. to hire an individual or fine under a professional services contract to manage this project. This amount is the best estimate of the cost for one year of services. The consultant hired will work with rural communities islandwide to: 1) assist them in determining if they are presently utilizing gang cesspools for waste disposal; 2) assist them in determining what alternative acceptable waste disposal option they as a community want to pursue; and 3) assist them in implementing the chosen alternative through assistance with variance applications. coordination of design work, funding resources. If the County is successful in its application for the Federal Clean Water Act §319 grant, funding may kick in and cover this consultant cost from the time the grant is awarded. In that case, this full amount may not be expended. During its discussion, Your Committee learned that the $100.000 from the Contingency Relief account will provide guidance and stimulus to communities that have private gang cesspools systems. Members of Your Committee felt that these will be well spent and is a legal use of funds for public health, safety and welfare. For informational purposes, Mr. l~yler voted kanalua twice. Your Committee nn Finance is in accord with the purpose and intent of Resolution No. I OS-03 and recommends its adoption. smc CHUNG X SA FARIK X ARA KAKI X ELARIONOFF X HOISCHUH X .IACOBSON X REYNOLDS X TUI,ANG X TYLER X Respectfully submitted ON FINANCE AAKON S.Y. C11UN( PC RLPOKI' ADOPTED: