STAND. COM. REP. NO.  349

Honolulu, Hawaii

                , 2013

RE:   H.C.R. No. 17

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Seventh State Legislature

Regular Session of 2013

State of Hawaii

Sir:

     Your Committee on Housing, to which was referred H.C.R. No. 17 entitled:

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

begs leave to report as follows:

The purpose of this measure is to seek prior approval of the Legislature by concurrent resolution of the sale of the leased fee interest in 95-011 Kuahelani Avenue, No. 111, Mililani, Hawaii, TMK No. 1-9-4-5-34-0011, to its concurrent leasehold owner.

The Department of Business Economic Development and Tourism, Hawaii Housing Finance and Development Corporation, and the Office of Hawaiian Affairs supported this measure.

Your Committee has expressed concern that the value of the property should be appraised within ninety days of the transaction.

     As affirmed by the record of votes of the members of your Committee on Housing that is attached to this report, your Committee concurs with the intent and purpose of H.C.R. No. 17 and recommends that it be referred to the Committee on Finance.

Respectfully submitted on behalf of the members of the Committee on Housing,

____________________________

RIDA T.R. CABANILLA, Chair