HomeMy WebLinkAboutREP FC 009 2015/03/03 (2014-2016)REPORT OF THE
COMMITTEE ON FINANCE
DATE: March 3, 2015 Re: Comm. No. 135/Res. No. 91-15
PLACE: Council Chambers
Hilo, Hawaii
TIME: 9:50 a.m.
Council Chair and Members
Hawaii County Council
Hilo, Hawaii 96720
Your Committee on Finance, to which was referred Resolution No. 91-15, reports as follows:
Resolution No. 91-15, transmitted by Finance Director Deanna S. Sako, via Communication No. 135
dated February 12, 2015, accepts the negotiated lease agreement for Hamakua lands identified as
Tax Map Keys (3)4-3-009-055, 056, 057 and 058 with Crown Pacific International LLC, pursuant to
Section 2-114 of the Hawaii County Code.
This resolution allows the County of Hawaii to enter into a 10 -year lease agreement with Crown Pacific
International, LLC for these properties.
Finance Property Manager Hamana Ventura and Deputy Corporation Counsel Craig Masuda appeared
before Your Committee for questions.
Mr. Masuda explained that this lease has been negotiated and stated that the Council must vet each lease for
these lands and may approve or deny the lease. He further commented that Okinawan sweet potatoes will
be grown on the property.
Pursuant to Section 2-114 of the Hawaii County Code, the Council may require in the initial resolution that
the negotiated agreement be accepted by the Council.
Your Committee on Finance is in accord with the purpose and intent of Resolution No. 91-15, and
recommends its adoption.
wb
Respectfully submitted,
COMMITTEE ON FINANCE
KAREN EOFF, CH IR
FC REPORT NO.: 9
ADOPTED: MAR 18 2015
AYES NOES ABS EX
CHUNG
X
DAVID
X
EOFF
X
ILAGAN
X
KANUHA
X
ONISHI
X
PALEKA
X
POINDEXTER
X
WILLE
X
Respectfully submitted,
COMMITTEE ON FINANCE
KAREN EOFF, CH IR
FC REPORT NO.: 9
ADOPTED: MAR 18 2015