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HI HCR17
Concurrent Resolution
Status
1/26/2015
Primary Sponsor
Joseph Souki
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AI Summary
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Approves the sale of the leased fee interest in a single-family home located at 41-665 Inoaole Street, Waimanalo, Hawaii (TMK No. 1-4-1-33-21), which is part of the Hale Aupuni project built in 1975.
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The 4,404 square foot parcel has a fair market value of $123,200 based on an appraisal by Harlin Young & Co, Ltd. dated June 1, 2014.
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The sale purpose is to convey the leased fee interest to the current leasehold owner, with no development plans as it remains a single-family residence.
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The parcel was part of Government (Crown) Land of Waimanalo as of August 15, 1895, and was acquired by the Hawaii Housing Authority (predecessor to Hawaii Housing Finance and Development Corporation) through Grant No. S-15,206 on September 5, 1974.
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The Hawaii Housing Finance and Development Corporation submitted the draft resolution to the Office of Hawaiian Affairs on September 30, 2014, and conducted a public informational briefing on September 9, 2014, in Waimanalo with no objections received.
Legislative Description
Sale of the leased fee interest in 41-665 Inoaole Street, Waimanalo, Hawaii; approved
Last Action
Report adopted. referred to the committee(s) on FIN as amended in HD 1 with Representative(s) Creagan, Ing, Keohokalole, LoPresti, Ward voting aye with reservations; Representative(s) DeCoite, Jordan voting no (2) and Representative(s) Har, Kawakami, Oshiro, Saiki, Say, Souki, Tokioka, Woodson excused (8).
3/19/2015