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HI SCR12
Concurrent Resolution
Status
4/4/2016
Primary Sponsor
Ronald Kouchi
Click for details
AI Summary
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Approves the sale of the leased fee interest in a 764 square foot apartment unit at 95-029 Kuahelani Avenue, No. 128, Mililani, Hawaii (TMK No. 1-9-4-5-34-27) by the Hawaii Housing Finance and Development Corporation.
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Property appraised at $47,000 fair market value by Zane, Zane & Associates with valuation date of April 16, 2015.
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Sale purpose is to convey the leased fee interest to the current leasehold owner; no development plan exists for this residential unit.
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Property was determined to be private land as of August 15, 1895 (portion of Royal Patent No. 5732), acquired by predecessor Hawaii Housing Authority through warranty deed dated October 7, 1974.
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Public informational briefing was conducted on August 13, 2015, at Mililani High School with no objections received; Office of Hawaiian Affairs was notified on September 24, 2015.
Legislative Description
Sale of the leased fee interest in 95-029 Kuahelani Avenue, No. 128, Mililani, Hawaii, TMK No. 1-9-4-5-34-27
Last Action
Report adopted; referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Fukumoto Chang, Har, Oshiro, Souki, Ward excused (5).
4/18/2016