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HomeMy WebLinkAboutREP FC 025 01/21/1997 1996-1998 REPORT OF THE COMMITTEE ON FINANCE DATE: January 21, 1997 Re: Comm. No. 82 ' PLACE: Councilroom TIME: 10:43 A.M. Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Resolution No. 22, reports as follows: Resolution No. 22, transmitted by Finance Director Harry Takahashi, via Communication No. 82, dated December 27, 1996, seeks the Council's approval to transfer ownership of the Hilo Foreign-Trade Zone Wazehouse Building, to the State of Hawaii Department of Business Economic Development and Tourism. Resolution No. 22 states that the State of Hawaii granted the County Department of Research and Development $790,200.00 for construction of the building, situated on State land identified as TMK 2-1-12:009 (Por.), Lot 19B. The resolution will transfer the Foreign-Trade Zone Wazehouse building to the State of Hawaii Department of Business Economic Development and Tourism, who will manage, operate and maintain the building. Pursuant to Chapter 2, Article 19, Section 2-111, of the Hawaii County Code, the County Council, by resolution and with the approval of the majority of its members, may dispose of real property. Your Committee on Finance is in accord with the purpose and intent of Resolution No. 22 and recommends its adoption. Ikc Ayes Nocs A&E F.X CHUNG X Respectfully submitted LEITHEAD-TODD X ~TTEE INANCE RAY X ~ SANTANCELO X ) - - ' SMITH X TYLER X AARON S.Y. HUNG, CHAI vncoNC X FC REPORT NO. ~,~2~~ ARAICAta,E.O.M. X ADOPTED: fE6 0 ~ ~yy!