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HomeMy WebLinkAboutREP FC 360 03/11/1991 REPORT OF THE COMMITTEE ON FINANCE Date: March 11, 1991 Place: Councilroom Time: 10 : 00 a .m. Chairman and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Resolution /No . 299-91, reports as follows : The purpose of Resolution No . 299-91 is to request that $4 million received from the Kealakehe Associates, Inc. , pursuant to their contract with the County of Hawaii for the construction and operation of a public golf course, shall be utilized only within the North and South Kona districts for infrastructure development . Your Committee recognizes that construction and operation of planned public golf course will burden the infrastructure of North and South Kona and necessitate additional County services be provided to these districts . Your Committee discussed whether subject funds from Kealakehe Associates were in fact "premiums" or "impact fees" . Your Chair noted it was a legal question to be decided by Corporation Counsel . Your Committee further discussed the merits of enlarging the scope of the proposed resolution to include West Hawaii as opposed to North and South Kona, but decided the funds should be used to address the specific area impacted by the proposed development. Your Committee on Finance concurs with the intent of Resolution No . 299-91 and recommends its adoption. HELENE H. HALE, CH WOMAN Of (:; 4■1 I ROBERT H. MAKUAKANE, VICE CHR. B AN J. DE LIMA, MEM: R ' ', I __ i .Lib TAKA',HI DOMING' , MEM:; R ME' E K. LAI , ME ;ER go iM HARRY S. R iDLE, MEMBER • NC • K. SCHUTTE, MEMBER POL FC REPORT No. 360 ADOPTED: MAR 21 1991