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COUNTY OF HAWAII •' _• <br />RESOLUTION NO. <br />STATE OF HAWAII <br />38 11 <br />A RESOLUTION RESCINDING RESOLUTION NO. 216 -09 AND AUTHORIZING THE <br />FINANCE DIRECTOR OR AUTHORIZED REPRESENTATIVE(S) THEREOF TO <br />INVITE PROPOSALS FOR LEASE BY NEGO'T'IATION OF CERTAIN FORMER <br />HAMAKUA SUGAR COMPANY, INC. LANDS NOW UNDER COUNTY OWNERSHIP. <br />WHEREAS, in 1994, the Council of the County of Hawaii agreed to accept <br />approximately 4,400 acres of land by Commissioner's Quitclaim Deed as a settlement for <br />retroactive real property taxes among Western Farm Credit Bank, the County of Hawaii, and <br />Hamakua Sugar Company, Inc.; and <br />WHEREAS, on November 18, 2009, the Hawaii County Council adopted Resolution <br />No. 216 -09, which approved and directed the Finance Director or authorized representative to <br />proceed with the sale by auction or sale by sealed bid of the 737.302 acres of Hamakua Lands <br />indentified as: <br />TMK <br />Description <br />4 -3- 007:001 <br />Pa'auilo Homesteads 2nd Series, Hamakua, Hawaii <br />4 -3- 009:024 <br />Pa'auilo Homesteads, 1st Series, Hamakua, Hawaii <br />4 -3- 009:053 <br />Pa'auilo Homesteads, 1st Series, Hamakua, Hawaii <br />4 -3- 009:054 <br />Pa'auilo Homesteads, 1st Series, Hamakua, Hawaii <br />4- 3- 009:055 <br />Pa'auilo Homesteads, 1st Series, Hamakua, Hawaii <br />4- 3- 009:056 <br />Pa'auilo Homesteads, 1st Series, Hamakua, Hawaii <br />4 -3- 009:057 <br />Pa'auilo Homesteads, 1st Series, Hamakua, Hawaii <br />4- 3- 009:058 <br />Pa'auilo Homesteads, 1st Series, Hamakua, Hawaii <br />4 -3- 009:059 <br />Pa'auilo Homesteads, 1st Series, Hamakua, Hawaii <br />4 -3- 009:060 <br />Pa'auilo Homesteads, 1st Series, Hamakua, Hawaii <br />4 -3- 009:061 <br />Pa'auilo Homesteads, 1st Series, Hamakua, Hawaii <br />4-3-011:001 <br />Pohakea and Por. 2nd Series Pa'auilo Homesteads, Hamakua, Hawaii <br />4- 3- 011:002 <br />Pohakea and Por. 2nd Series Pa'auilo Homesteads, Hamakua, Hawaii <br />4-3-011:061 <br />Pohakea and Por. 2nd Series Pa'auilo Homesteads, Hamakua, Hawaii <br />4- 3- 011:062 <br />Pohakea and Por. 2nd Series Pa'auilo Homesteads, Hamakua, Hawaii <br />4-3-011:063 <br />Pohakea and Por. 2nd Series Pa'auilo Homesteads, Hamakua, Hawaii <br />4 -3 -01 1:064 <br />Pohakea and Por. 2nd Series Pa'auilo Homesteads, Hamakua, Hawaii <br />TOTAL <br />Acres <br />92.047 <br />84.545 <br />23.337 <br />20.191 <br />16.224 <br />16.307 <br />15.334 <br />18.551 <br />20.231 <br />19.353 <br />21.399 <br />56.730 <br />109.720 <br />103.977 <br />74.347 <br />12.800 <br />33.000 <br />737.302, and <br />WHEREAS, the Department of Finance set up a process to sell the 737.302 acres of land <br />as described herein, by grouping them into four parcel bundles with four sealed bid opening <br />dates of: March 31, 2010, April 7, 2010, April 14, 2010, and May 24, 2010; and <br />WHEREAS, after the County received no offers at the first two public bid openings, the <br />third and fourth sealed bid openings were cancelled, and the Administration took the Hamakua <br />parcels off the market; and <br />