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HomeMy WebLinkAboutREP FC 013 2015/03/17 (2014-2016)REPORT OF THE COMMITTEE ON FINANCE DATE: March 17, 2015 PLACE: Council Chambers Kailua-Kona, Hawaii TIME: 2:32 p.m. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Re: Comm. No. 168/Res. No. 104-15 Your Committee on Finance, to which was referred Resolution No. 104-15, reports as follows: Resolution No. 104-15, transmitted by Finance Director Deanna S. Sako, via Communication No. 168 dated February 27, 2015, authorizes the abandonment and sale of that certain parcel, Tax Map Key (3) 2-1-009:037 situated at Waiakea, District of South Hilo, County and State of Hawaii, to Hoku Kai Biofuels, LLC. This resolution allows the County of Hawaii to dispose of a 733 square foot parcel by way of sale to Hoku Kai Biofuels, LLC due to a fuel pipeline, vault, and valve system on the parcel which poses a risk to the County in the event of a leak. This parcel has been determined to be economically and physically unsuitable or undesirable for development or utilization due to its size, shape and location. Finance Property Manager Hamana Ventura, Deputy Corporation Counsel Belinda Castillo, and representatives of Hoku Kai Biofuels LLC, Chuck Barker, George Smith and Tad Piper appeared before Your Committee for questions. There was no discussion on this measure. Pursuant to Section 2-111 of the Hawaii County Code, the Council may direct the Director of Finance to dispose of real property in fee simple. Pursuant to Section 2-118(b) of the Hawaii County Code, remnants or portions thereof may be disposed of without recourse to public auction and shall be first offered for sale to the abutting landowner. Pursuant to Section 2-118(d) of the Hawaii County Code, disposition costs may be added to the sale price. Your Committee on Finance is in accord with the purpose and intent of Resolution No. 104-15, and recommends its adoption. wb Respectfully submitted, COMMITTEE ON FINANCE KAREN EOFF, CH IR FC REPORT NO.: 13 ADOPTED: APR 0 1 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.: 13 ADOPTED: APR 0 1 2015