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HomeMy WebLinkAboutCOM 1036.000 1996-1998 ~jY OF M, Stephen K. Yamashiro Harry A. Takahashi ? Director Mayor ~r F .o~r~c S. K. Schulte ~TB OF HPd Deputy Countp of 'Wabnaii DEPARTMENT OF FINANCE 25 Aupuni Street, Room 118 • Hilo, Hawaii 96720-4252 - (808) 961-8234 • Fax (808) 961-8248 , October 13, 1998 Honorable James Arakaki, Chairperson and Members of the County Council Hawaii County Council 25 Aupuni Street Hilo, Hawaii 96720 Re: Geothermal Asset Fund The Planning Department would like to appropriate funds from the Geothermal Asset Fund for the following • Consultant Services - to assist the Planning Commission in the review of claims. The claims adjuster will recommend whether or not the claim has merit and if so, the amount of compensation. • Payment of Claims - for payment of anticipated claims. If there are any questions, please do not hesitate to call the Planning D partm nt. D ~ , H A. akahashi Director of Finance APPROVED q phen K! .ashir/iro Mayor Encs. Bi 11 3.13 Co~rls. Na.~r File No. Ref. Tot_~ OcT 1 9 1998 W. Date. Form B-52 7/18/91 DEPARTMENT OF FINANCE REQUEST FOR COUNCIL ACTION DEPARTMENT: Planning Department DATE: October 9, 1998 STAFF CONTACT: Norman Hayashi PHONE: x8288 A. REQUEST: The Planning Department requests to utilize the funds from the Geothermal Asset Fund (GAF) to implement the GAF program pursuant to the authority conferred upon the Planning Commission by Ordinance Nos. 95 62 and 95 74, and in accordance with Rule 14 of the Planning Commission's Rules of Practice and Procedure. The total contribution on hand within the GAF as of October 9, 1998 is $976,449.07. The GAF was created pursuant to Condition No. 51 of Geothermal Resource Permit (GRP) No. 2 issued to Puna Geothermal Venture on October 3, 1989. The purpose of the GAF is for payment to claimant(s) who the Planning Commission finds has been adversely impacted by activities authorized or unauthorized by GRP No. 2, and to authorize payment for community approved geothermal impact mitigation projects within the Puna District. [Mote: This request should not be confused with the Geothermal Relocation Revolving Fund. B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED) At this time we would like to set up the necessary accounts to appropriate the following amount for implementation of the GAF program: 1. Consultant Services Misc Contract Services 141-5145.02-115 $ 25,000.00 For a consultant services contract (claims adjuster) to assist the Planning Commission in the review of claims filed in accordance with its Rule No. 14 (Geothermal Asset Fund). The claims adjuster will recommend to the Planning Commission whether or not the claim has merit and if so, what amount of compensation. The consultant services contract will be for $25,000.00. 2. Payment of Claims Misc Charges 141-5145.02-341 $ 951,435.15 Although it is difficult to estimate the actual amounts to be paid for the various claims, based on a review of the claims already filed with the Planning Commission, we are requesting an appropriation of $951,449.07 Additional claims are anticipated to be filed. TOTAL REQUEST FOR APPROPRIATION: $ 976,435.15 1 ti j? tw SIGNED: DATE: OCI 0 9 1998 p ent Head