HomeMy WebLinkAboutREP FC 347 10/17/2000 1998-2000 REPORT OF THE
COMMITTEE ON FINANCE
DATE: October 17, 2000 Re: Comm. No. 944/Res. No. 328-00
PLACE: Council Chambers
TIME: ] 0:45 A.M.
Council Chair and Members
Hawaii County Council
Hilo, Hawaii 96720
Your Committee on Finance, to which was referred Resolution No. 328-00, reports as follows:
Resolution No. 328-00, transmitted by Director of Finance Dixie Kaetsu, via Communication
No. 944, dated September 28, 2000, authorizes the grant of a water line easement at Kaapoko
Homestead, South Hilo, Hawaii, Island, County and State of Hawaii, Tax Map Key
No. (3)2-7-OS to Cyrus M. Wagatsuma, Nagata Family Trust, Dorothy D. Patao and
James R. Kennedy and Linda C. Kennedy.
The County of Hawaii is the owner of that certain homestead road located at Kaapoko
Homestead, South Hilo, Hawaii, County and State of Hawaii. The Department of Public
Works has issued a conditional permit to the owners to install the waterline.
The owners are requesting that the County of Hawaii grant a waterline easement subject,
however, to reversion to the County upon termination or abandonment of the easement for the
specific purposes for which it was granted.
An independent appraiser determined that the fair market value of the waterline easement is
$2,000 with an area of 6,231 square feet.
Pursuant to Section 2-111, Hawaii County Code, the council may, by resolution, as approved by a
majority of its members, dispose of real property.
Due to a grammatical error found in the fourth Whereas clause of the Resolution, an amendment
was made t change the word "revision" to "reversion".
Your Committee on Finance is in accord with the purposes and intent of Resolution No. 328-00,
as amended to Draft 2, and recommends its adoption.
smc
AYES NOES A&E EX
Respectfully submitted
CHUNG X
ELARIONOFF x COMMITTEE ON FINANCE
JACOBSON X
LEITHEAD-TODD X
PISICCHIO X
SMITH X
TvLER x AARON S.Y. CHUNG, CHAIR
vncorvc X FC REPORT NO. 347
ARAKAKI, E.O.M. X ADOPTED: I~16Y 7.q 2000