HI SCR11

Approves the Hawaii Housing Finance and Development Corporation's sale of the leased fee interest in 47-394 Keohapa Place, Kaneohe, Hawaii (TMK No. 1-4-7-55-65) to the current leasehold owner.

Property is a single-family home from the Hui Koolau project built in 1975, totaling 5,441 square feet, with a fair market value of $280,000 as appraised by Matsunami Appraisals, Inc. on April 9, 2015.

Land was held in private ownership as of August 15, 1895, by the widow and children of James Steward, acquired by deed from John O. Dominis, Administrator of the Estate of Kamehameha IV.

Public informational briefing was conducted on August 17, 2015, at Ahuimanu Elementary School cafeteria in Kaneohe following newspaper notice on August 7 and 10, 2015, with no objections received.

Draft concurrent resolution was submitted to the Office of Hawaiian Affairs on September 24, 2015, more than three months prior to the 2016 regular session as required by statute.