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HOUSE OF REPRESENTATIVES |
H.C.R. NO. |
23 |
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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 1098 ONAHA STREET, WAILUKU, 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 (the "Corporation") desires to sell in fee simple a single-family residence on a 5,514 square foot parcel located at 1098 Onaha Street, Wailuku, Hawaii, TMK No. 2-3-3-16-124; 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 March 30, 2009 by Island Appraisals to have a fair market value of $350,000; and
WHEREAS, the Corporation submitted a copy of the 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 November 23, 2009 at Paukukalo Community Center, Wailuku, 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 November 23, 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 1098 Onaha Street, Wailuku, Hawaii, TMK No. 2-3-3-16-124, 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 1098 Onaha Street, Wailuku, Hawaii