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HomeMy WebLinkAboutREP FC 034 02/02/1999 1998-2000 REPORT OF THE COMMITTEE ON FINANCE DATE: February 2, 1999 Re: Comm. No. 89/Res. No. 27-99 PLACE: Councilroom TIME: 10:45 A.M. Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Resolution No. 27-99, reports as follows: Resolution No. 27-99, transmitted by Finance Director Harry Takahashi, via Communication No. 89, dated January 8, 1999, authorizes the amendment of Grant of Easement dated April I5, 1993, to Big Island Radio situated at Pepeekeo and Makahanaloa, commonly referred to as Puu Alala, South Hilo, Hawaii, TMK 3rd/2-8-07:23. Resolution No. 38-93 authorized the Mayor to execute a Grant of Easement in favor of the Big Island Broadcasting Company, Ltd., for the purpose of maintaining and operating a radio communications facility at Puu Alala. Effective June 25, 1997, the subject Grant of Easement was assigned from Big Island Broadcasting Company Ltd., to Big Island Radio. Most recently, Big Island Radio has proposed to construct a new 195-foot tower at Puu Alala. Surveys indicate that certain existing facilities at Puu Alala are not within the original area encumbered under that certain Grant of Easement currently encumbered to Big Island Radio. Therefore, Resolution No. 27-99 proposes to amend said grant to resolve the problem of encroachment outside of the original easement area and will provide additional area required for ground space for additional users of the proposed 195-foot tower. Furthermore, said amendment will require certain terms and conditions including the payment of twenty percent (20%) of the gross compensation received by Big Island Radio form the sub- lessees, permittees or users of space on the tower(s) at the subject site. An amendment was made to Resolution No. 27-99 to correct a numberin~ error in regard to the subject parcel TMK 3'x/2-8-07:23. The correct tax map key should be 3 /2-8-07:70. Your Committee on Finance is in accord with the purpose and intent of Resolution No. 27-99, as amended to Draft 2, and recommends its adoption. lci pyn rvo~ na~E cx Respectfully submitted CHUNG X ELARmoFF X COMMITTEE ON_/FI~/N~AN~~CE_ JACOBSON X LEITHEAD-TODD X PISICCH?O X SMITH X TYLER x AARON S.Y. CHUNG, CHAIR vAGONG X FC REPORT NO. 34 ARAKAKI, E.O.M. X ADOPTED: FFR 1 '~QQQ