HomeMy WebLinkAboutREP FC 210 02/03/1998 1996-1998 REPORT OF THE
COMMITTEE ON FINANCE
DATE: February 3, 1998 Re: Comm. No. 585/Res. No. 187
PLACE: Councilroom
TIME: 11:30 A.M.
Chair and Members
Hawaii County Council
Hilo, Hawaii 96720
Your Committee on Finance, to which was referred Resolution No. 187, reports as follows:
Resolution No. 187, transmitted by Finance Director Harry Takahashi, via Communication
No. 585, dated November 5, 1997, authorizes the sale of the road remnant referred to as the Old
Mamalahoa Highway, located at Ninole, abutting Tax Map Keys (3)3-2-03:016, 017 and 038 in
North Hilo, County and State of Hawaii, and designated in Parcel 31-B, Government Road
Remnant (SDR 3(15)), as shown in Exhibit A.
The abutting property surrounding the subject road remnant on all sides is owned by Inventure
Development, Inc. who is desirous of acquiring the subject right-of--way. The County of Hawaii
Department of Public Works finds that the subject parcel provides limited service and is
economically and physically unsuitable or undesirable for development or utilization as a
sepazate unit by reason of size, location and shape.
Therefore, pursuant to Section 2-110(3), the Hawaii County Code, the subject road remnant is
declazed to be abandoned and otherwise a discontinued parcel. Furthermore, pursuant to
Section 2-118, Hawaii County Code the County of Hawaii is authorized to sell the subject right-
of-way without recourse to public auction to Inventure Development, Inc., the abutting owner.
Resolution No. 187 further states that Inventure Development, Inc., the buyer of the subject
right-of--way, be required to assume the entire cost of transferring the subject property.
This resolution was originally heard on December 2, 1997, and deferred pending a site visit to
the said remnant, and appraisal information from the interested party.
Your Committee on Finance is in accord with the purpose and intent of Resolution No. 187 and
recommends its adoption.
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Ayes IYoea A&E EX
Respectfully submitted
CHUNG X
LEITHEAD-TODD X COMMITTEE ON FINANCE
RAY X
SANTANGELO X / J~ /t~-
SMITH X l~
TYLER X AARON S.Y. C G, C
YAGONG X FC RE RT NO. ~ 210
ARAxAIa, ~ o.,x. x ADOPTED: FEB 1 8 1598