HOUSE OF REPRESENTATIVES

H.C.R. NO.

28

TWENTY-FIFTH LEGISLATURE, 2010

 

STATE OF HAWAII

 

 

 

 

 

HOUSE CONCURRENT

RESOLUTION

 

 

APPROVING THE SALE OF THE FEE INTEREST IN 94-940 MEHEULA PARKWAY, MILILANI, 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 the fee interest in 94-940 Meheula Parkway, Mililani, Hawaii, TMK No. 1-9-4-5-34-0048, to its current leasehold owners, Mr. and Mrs. Thomas Bookman (the "lessee"); and

 

WHEREAS, the leased fee interest in this property was appraised on September 1, 2009, by Harlin Young & Co. to have a fair market value of $33,200; and

 

WHEREAS, pursuant to a negotiation between the Corporation and the lessee, the parties agreed upon a sales price of $33,200; 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 28, 2009, at the Mililani High School Dining Room, Mililani, Hawaii; and

 

WHEREAS, the Corporation did not receive any objection to the proposed sale of the fee interest in this property at the public informational briefing nor at any other time; 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 sale of the fee interest in the subject property to the lessees 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.

 

 

 

 

OFFERED BY:

_____________________________

 

 

BY REQUEST

Report Title: 

Approving The Sale Of The Fee Interest In 94-940 Meheula Parkway, Mililani, Hawaii