Bill Text: HI HCR25 | 2010 | Regular Session | Amended
Bill Title: Approving The Fee Simple Sale Of 91-1139 Kamaaha Loop, Kapolei, Hawaii
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Passed) 2010-04-28 - (S) Received notice of Final Adoption from House (Hse. Com. No. 633). [HCR25 Detail]
Download: Hawaii-2010-HCR25-Amended.html
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HOUSE OF REPRESENTATIVES |
H.C.R. NO. |
25 |
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TWENTY-FIFTH LEGISLATURE, 2010 |
S.D. 1 |
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STATE OF HAWAII |
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HOUSE CONCURRENT
RESOLUTION
APPROVING THE FEE SIMPLE SALE OF 91-1139 KAMAAHA LOOP, KAPOLEI, HAWAII.
WHEREAS, Act 176, Session Laws of Hawaii 2009, requires the prior approval of the Legislature by concurrent resolution to sell certain state land in fee simple; and
WHEREAS, the Hawaii Housing Finance and Development Corporation (Corporation) desires to sell in fee simple a single-family residence located at 91-1139 Kamaaha Loop, Kapolei, Hawaii, TMK No. 1-9-1-16-41-0019; and
WHEREAS, the Corporation obtained this property through exercise of its rights under its deferred sales price restriction placed on homes developed with the assistance of the chapter 201H, Hawaii Revised Statutes, expedited development process; and
WHEREAS, the Corporation's purpose for selling this property is to promote affordable residential homeownership by reselling this property to a qualified resident as defined in section 201H-32, Hawaii Revised Statutes, and there are no further development plans for this property; and
WHEREAS, this property was appraised on December 13, 2009 by Kathy Ann Oshiro of Uyetake, Uyetake & Associates to have a fair market value of $230,000; and
WHEREAS, the Corporation submitted a copy of this Concurrent Resolution to the Office of Hawaiian Affairs on January 25, 2010; and
WHEREAS, pursuant to the requirements of Act 176, Session Laws of Hawaii 2009, the Corporation did duly conduct a public informational briefing on the sale of this property on October 22, 2009 at the Villages of Kapolei Association Recreational Center, Kapolei, Hawaii; and
WHEREAS, the Corporation did not receive any objection to the proposed sale of this property to a qualified resident as defined in section 201H-32, Hawaii Revised Statutes, at the October 22, 2009, public informational briefing; now, therefore,
BE IT RESOLVED by the House of Representatives of the Twenty-fifth Legislature of the State of Hawaii, Regular Session of 2010, the Senate concurring, that the fee simple sale of 91-1139 Kamaaha Loop, Kapolei, Hawaii, TMK No. 1-9-1-16-41-0019, to a qualified resident as defined in section 201H-32, Hawaii Revised Statutes, is approved; and
BE IT FURTHER RESOLVED that a certified copy of this Concurrent Resolution be transmitted to the Executive Director of the Hawaii Housing Finance and Development Corporation.
Approving The Fee Simple Sale Of 91-1139 Kamaaha Loop, Kapolei, Hawaii
