Bill Text: HI HCR17 | 2013 | Regular Session | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Sale of Leased Fee Interest in 95-011 Kuahelani Avenue, No. 111, Mililani, Hawaii

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2013-02-12 - Report adopted; referred to the committee(s) on FIN with none voting no and Representative(s) Belatti, Cachola, Coffman, Takai excused. [HCR17 Detail]

Download: Hawaii-2013-HCR17-Introduced.html

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HOUSE OF REPRESENTATIVES	H.C.R. NO.	17
TWENTY-SEVENTH LEGISLATURE, 2013
STATE OF HAWAII

HOUSE CONCURRENT

RESOLUTION

 

 

APPROVING THE SALE OF THE LEASED FEE INTEREST IN 95-011 KUAHELANI AVENUE, NO. 111, MILILANI, HAWAII.

 

 

     WHEREAS, section 171-64.7, Hawaii Revised Statutes, requires the prior approval of the Legislature by concurrent resolution to sell certain state lands in fee simple; and

 

     WHEREAS, section 171-64.7(c), Hawaii Revised Statutes, states that "[t]he concurrent resolution shall contain the following information:

 

     (1)  The specific location and size in square feet or in other precise measure of the parcels of land to be sold or given;

     (2)  The appraisal value of the land to be sold or given;

     (3)  The names of all appraisers performing appraisals of the land to be sold or given;

     (4)  The date of the appraisal valuation;

     (5)  The purpose for which the land is being sold or given;

     (6)  A detailed summary of any development plans for the land to be sold or given; and

     (7)  A statement of whether the land is, or is not, land that was classed as government or crown lands previous to August 15, 1895, or was acquired by the State in exchange for such lands, and a detailed explanation of how the state department or agency made this determination.

 

     A draft of the concurrent resolution for the prior approval of a sale or gift of land shall also be submitted to the office of Hawaiian affairs at least three months prior to the convening of a regular or special session of the legislature to allow the office to determine whether the land was classed as government or crown lands previous to August 15, 1895, or was acquired by the State in exchange for such lands"; and

 

     WHEREAS, pursuant to section 171-64.7(e), Hawaii Revised Statutes, prior to finalizing any proposal for the sale or gift of lands and prior to the submission of the concurrent resolution to the Legislature, an informational briefing on the proposed sale or gift of lands shall be held in the community where the land to be sold or given is located; and

 

     WHEREAS, the Hawaii Housing Finance and Development Corporation (the "Corporation") desires to sell the leased fee interest in 95-011 Kuahelani Avenue, No. 111, Mililani, Hawaii, and provides the following information pursuant to section 171-64.7, Hawaii Revised Statutes:

 

     (1)  The property is an apartment unit in the Nahoa Apartments condominium built in 1975 and is identified as a 764 square foot apartment unit, TMK No. 1-9-4-5-34-0011;

     (2)  The leased fee interest in this property was appraised to have a fair market value of $34,600;

     (3)  The property was appraised by Harlin Young & Co, Ltd.;

     (4)  The appraisal valuation date is August 1, 2012;

     (5)  The primary purpose for the sale of property is to convey the leased fee interest to its current leasehold owner;

     (6)  There is no development plan for this unit, which is a residence; and

     (7)  As of August 15, 1895, the property was a portion of Royal Patent No. 5732, Land Commission Award No. 8241 to Ioane Ii, and therefore private land; the Corporation's predecessor agency, the Hawaii Housing Authority, acquired title to the property through warranty deed of Mililani Town, Inc., dated October 7, 1974, filed as Land Court Document No. 698788; and this was determined by a search of the title records by Title Guaranty of Hawaii on July 31, 2012; and

 

     WHEREAS, the Corporation duly submitted a draft of the Concurrent Resolution to the Office of Hawaiian Affairs on September 12, 2012, more than three months prior to the opening date of the Regular Session of 2013; and

 

     WHEREAS, the Corporation duly conducted a public informational briefing on the sale of this parcel on

September 5, 2012, at the Mililani High School cafeteria, Mililani, Hawaii, following publication of notice of the briefing in the Honolulu Star-Advertiser newspaper on August 30 and September 2, 2012; and

 

     WHEREAS, no objection to the proposed sale was received at the public informational briefing; now, therefore,

 

     BE IT RESOLVED by the House of Representatives of the Twenty-seventh Legislature of the State of Hawaii, Regular Session of 2013, the Senate concurring, that the sale of the leased fee interest in 95-011 Kuahelani Avenue, No. 111, Mililani, Hawaii, TMK No. 1-9-4-5-34-0011, is hereby approved; and

 

     BE IT FURTHER RESOLVED that a certified copy of this Concurrent Resolution be transmitted to the Executive Director of the Corporation.

 

 

 

	OFFERED BY:	_____________________________
		BY REQUEST

Report Title:

Sale of Leased Fee Interest in 95-011 Kuahelani Avenue, No. 111, Mililani, Hawaii