STAND. COM. REP. NO. 3424

Honolulu, Hawaii

RE:    S.C.R. No. 25

Honorable Shan S. Tsutsui

President of the Senate

Twenty-Sixth State Legislature

Regular Session of 2012

State of Hawaii

Sir:

     Your Committee on Ways and Means, to which was referred S.C.R. No. 25 entitled:

"SENATE CONCURRENT RESOLUTION APPROVING THE SALE OF THE LEASED FEE INTEREST IN 95-017 KUAHELANI AVENUE, NO. 321, MILILANI, HAWAII,"

begs leave to report as follows:

     The purpose and intent of this measure is to approve the sale of the leased fee interest in 95-017 Kuahelani Avenue, No. 321, Mililani, Hawaii, to its current leasehold owners.

     Your Committee received written comments on this measure from the Office of Hawaiian Affairs.

     Your Committee finds that the Hawaii Housing Finance and Development Corporation desires to sell the leased fee interest in 95-017 Kuahelani Avenue, No. 321, Mililani, Hawaii, which is an apartment unit in the Nahoa Apartments condominium.  This measure satisfies the requirement of section 171-64.7, Hawaii Revised Statutes, that the Legislature provide approval by concurrent resolution prior to the sale of certain state lands in fee simple.

     As affirmed by the record of votes of the members of your Committee on Ways and Means that is attached to this report, your Committee concurs with the intent and purpose of S.C.R. No. 25 and recommends its adoption.

Respectfully submitted on behalf of the members of the Committee on Ways and Means,

____________________________

DAVID Y. IGE, Chair