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HI SCR221
Concurrent Resolution
Status
3/7/2025
Primary Sponsor
Kurt Fevella
Click for details
AI Summary
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Urges the Department of Hawaiian Home Lands to repeal, revoke, or buy out the remaining lease of Prince Kuhio Plaza, located at 111 East Puainako Street in Hilo, Hawaii, the largest enclosed mall on the island.
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Addresses maintenance failures by current lessee Ho Retail Properties I, Ltd., including persistent leaks, structural concerns, and property deterioration that have caused multiple store vacancies and economic decline.
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Seeks to resell the lease at fair market value to a new entity committed to proper property maintenance and commercial revitalization.
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Identifies poor property conditions as undermining the Department's mission to manage assets for Native Hawaiian beneficiaries by reducing property value and leasing revenue.
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Requires transmission of a certified copy of the concurrent resolution to the Chairperson of the Hawaiian Homes Commission.
Legislative Description
Urging The Department Of Hawaiian Home Lands To Repeal, Revoke, Or Buy Out The Remainder Of The Lease Of The Prince Kuhio Plaza And Resell That Lease At Fair Market Value To A New Entity That Agrees To Properly Maintain The Property.
Department of Hawaiian Home Lands
Last Action
Referred to HWN, WAM.
3/12/2025