HOUSE OF REPRESENTATIVES

H.C.R. NO.

17

TWENTY-EIGHTH LEGISLATURE, 2015

 

STATE OF HAWAII

 

 

 

 

 

HOUSE CONCURRENT

RESOLUTION

 

 

APPROVING THE SALE OF THE LEASED FEE INTEREST IN 41-655 INOAOLE STREET, WAIMANALO, 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 41-655 Inoaole Street, Waimanalo, Hawaii, and provides the following information pursuant to section 171-64.7, Hawaii Revised Statutes:

     (1)  The parcel is a single family home that is part of the Hale Aupuni project built in 1975 and is identified as a 4,404 square foot parcel, TMK No. 1-4-1-33-21;

     (2)  The leased fee interest in this parcel was appraised to have a fair market value of $123,200;

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

     (4)  The appraisal valuation date is June 1, 2014;

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

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

     (7)  As of August 15, 1895, the parcel was a portion of the Government (Crown) Land of Waimanalo; the Corporation's predecessor agency, the Hawaii Housing Authority, acquired title to the property through Grant No. S-15,206, dated September 5, 1974; and this was determined by a search of the title records for this parcel by Title Guaranty of Hawaii on September 4, 2014; and

 

     WHEREAS, the Corporation duly submitted a draft of the Concurrent Resolution to the Office of Hawaiian Affairs on September 30, 2014, more than three months prior to the opening day of the Regular Session of 2015; and

 

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

September 9, 2014, at the Waimanalo School cafeteria, Waimanalo, Hawaii, following publication of notice of the briefing in the Honolulu Star-Advertiser newspaper on September 5 and 8, 2014; 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-eighth Legislature of the State of Hawaii, Regular Session of 2015, the Senate concurring, that the sale of the leased fee interest in 41-655 Inoaole Street, Waimanalo, Hawaii, TMK No. 1-4-1-33-21, 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 the leased fee interest in 41-655 Inoaole Street, Waimanalo, Hawaii; approved