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HomeMy WebLinkAboutORD 1995-074 1994-1996COUNTY OF HAWAII STATE OF HAWAII BILL NO. a s (DRAFT 5A) ORDINANCE NO. 95 ~~ AN ORDINANCE RELATING TO THE ESTABLISHMENT OF A GEOTHERMAL ASSET FUND. BE IT ORDAINED BY THE COUNCIL OF THE COUNTY OF HAWAII: SECTION 1. Chapter 2 of the Hawaii County Code, is hereby amended, by the addition of a new article to be appropriately numbered and to read as follows: ARTICLE .GEOTHERMAL ASSET FUND SECTION 2- .Pursuant to Section ] 0-12 of the Hawaii ounty Charter. a soecial find to be known as the Geothermal Asset Fund is created. (al The Geothermal Asset Fund shall be funded b~2avments made by Puna Geothermal Venture. A Hawaii Partnership- its successors or assiens and the State of Hawaii. for the purpose of compensatingpersons im acn ted by eeothermal energy development activities ~rsuant to the provisions incorporated in Geothermal Resource Permit No 2 (bl Payments from the asset fund shall be administered and expended in accordance with rules. regulations and procedures developed for that purpose and adopted by the Hawaii County Planning Commission in accordance with Chaoter 91. Hawaii Revised Statutes. ~cl ExRgnses incurred by the Planning Commission such as administrative costs related to geothermal resource oermits_ geothermal development compliance activity and processinP of claims against the asset fund shall not be chareed to the asset fund (dl All interest and earnings accrued from the money and assets deposited in the a~~P* fund shall be expended for the ~urnoses for which this fund has been created (el No claim made ~rrsuant to this section will be deemed a claim against the County nor will the payment of any claim be construed as an admission of fault by the County or its officers em}Zlovees. or aeents (f] The denial of any claim made under this Geothermal Asset Fund. in whole or mart shall not prevent the claimant from pursuine any other remedy at law against the Geothermal Permittee and State of Hawaii. SECTION 2. Ordinance 90-142, Effective Date: November 20, 1990, Relating to creation of a special fund entitled the "Geothermal Asset Fund" is hereby repealed. SECTION 3. New material is underscored. Material to be repealed is bracketed. In printing this ordinance, the brackets, bracketed material and underscoring need not be included. SECTION 4. Severability. If any provision of this ordinance, or the application thereof to any person or circumstance, is held invalid, such invalidity shall not affect other provisions or applications of the ordinance which can be given effect without the invalid provision or application, and to this end, the provisions of this ordinance are declared to be severable. SECTION 5. This ordinance shall take effect upon its approval. COUNTY OF HAWAII Hilo, Hawaii Date of Introduction: Date of 1st Reading: Date of 2nd Reading: Effective Date: April 19, 1995 April 19, 1995 May 3, 1995 June 1, 1995 APPRQVED AS ~ E/,O/R,M AND LEGALITY: Deputy Corporation Counsel OFFICE OF THE COUNTY CLERK Cotmty of Hawaii u; i~ .Hawaii Introduced By: Jim Rath Date Introduced: April 19, 1995 First Reading: APril 19, 1995 Published: April 26, 1995 REMARKS: Second Reading: MaY 3, 1995 To Mayor: May 16, 1995 Returned: Mav 24 , 1995 Effective: June 1, 1995 Published June 7, 1995 REMARKS: 05f24/95 -Returned from Mayor unsiraned. be- came effective at the erxl of the 10 day period required for the Mayor's signature. I DO HEREBY C~na indicated above. APP FOrtM (DRAFP 4A1 ROLL CALL VOTE AYES NOES ABS EX Arakaki }{ Bonk-Abramson }{ Childs }{ De Lima }Z Domino }( Osorio ?{ ~Ih X ~Y X Smith X 6 3 ( DRAFT SA 1 ROLL CALL VOTE AYES NOES ABS EX Arakaki }{ Bonk-Abramson X Childs X De Lima X Domingo X Osorio X Rath X Ray X Smith }{ 7 1 1 0 adopted by the County Council and published as ~CX - CORPORATION COUNSEL COUNTY OF HAWAII Date Z_' 2 Approved/Disapproved this day of 19 MAYOR, COUNTY OF HAWAII d~~.~,~ COUNTY CLERK BiltNo.: 45 (Draft SA) Reference: C-205/FC-61 Ord. No.: 9S /