HomeMy WebLinkAboutREP FC 274 09/15/1998 1996-1998 REPORT OF THE
COMMITTEE ON FINANCE
DATE: September I5, 1998 Re: Comm. No. 964/Res. No. 317-98 '
PLACE: Councilroom
TIME: 11:45 A.M.
Chair and Members
Hawaii County Council
Hilo, Hawaii 96720
Your Committee on Finance, to which was referred Resolution No. 317-98, reports as follows:
Resolution No. 317-98, transmitted by Parks and Recreation Director George Yoshida, dated August 31,
1998, via Communication No. 964, authorizes the grant of a sublease to Kai'Opua Canoe Club for the
purpose of constructing and using canoe storage facilities on 5.7 acres of land located at Kailua Pazk.
Pursuant to General Lease No. S-5271, dated July 6, 1994, the County of Hawaii is the lessee of 5.7 acres
of land located at Ikailua Park. The Department of Pazks and Recreation desires to permit Kai'Opua and
other Kona canoe clubs to construct and use canoe storage facilities on said property.
Pursuant to Chapter 2, Article 19, Section 2-120(a)(2), Hawaii County Code, the Council may, by
resolution approved by a majority of its members, direct the Finance Director to negotiate the disposition of
real property by leasing it to non-profit organizations on such terms and condifions as deemed proper.
According to Deputy Corporation Counsel Glenn Shiigi, a new sublease agreement will be drafted to
address real properly tax responsibilities and construction time limits. The new agreement will be sent
directly to the Council prior to the next Council meeting.
Your Committee on Finance is in accord with the purpose and intent of Resolution No:317-98 and
recommends its adoption.
Jci
~ Respectfully submitted
CHUNG X
LEITHEAD-TODD X CO/M~MITTEE ON FINANCE
RAY X / (1
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smml X AARON S.Y. CHUNG, C 0IR
TYLER X FC REPORT NO. 274
YAGONG X ADOPTED: rtr.T 0 7 1998
ARAKAKI, E O. M. X