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<br /> <br /> Os M. <br /> lily <br /> <br /> Harry Kim' Edwin S. Taira <br /> Mayor Housing Administralor <br /> <br /> comtp of foawatt <br /> OFFICE OF HOUSING AND <br /> COMMUNITY DEVELOPMENT <br /> 50 Wailuku Drive • Hilo, Hawai'i 96720-2484 <br /> V/TT (808) 961-8379 • FAX (808) 961-8685 <br /> June 23, 2006 T'' <br /> ~ Cl <br /> w <br /> MEMORANDUM ru <br /> -n <br /> 3 <br /> TO: Stacy Higa, Chairman <br /> Hawaii County Council <br /> <br /> FROM: Pete Hoffmann, Chairman <br /> Hawaii County Housing Agency - <br /> SUBJECT: Resolution Authorizing the Mayor or His Duly Aut zed <br /> Representative to Negotiate, Execute and Submit the <br /> Necessary Documents for an Estoppel Agreement With the <br /> National Electrical Benefit Fund for a Pre-Development Loan <br /> With the Waikoloa Workforce Housing, LLC <br /> <br /> The Hawaii County Housing Agency reviewed and approved the County of <br /> Hawaii executing an Estoppel Agreement with the National Electricians <br /> Benefit Fund (NEBF) for a pre-development loan for the Waikoloa <br /> Employee Housing Project at its meeting on June 19, 2006, and voted as <br /> follows: <br /> AYES: J. Arakaki, S. Higa, F. Holschuh, D. Ikeda, V. Isbell, <br /> B. Jacobson, A. Pilago, G. Safarik, P. Hoffmann - 9 <br /> <br /> NOES: None <br /> <br /> ABSENT AND EXCUSED: None <br /> The HCHA approved the county of Hawaii executing an Estoppel <br /> Agreement because the Office of Housing and Community Development did <br /> not have a Council resolution ready at that time. 2 am requesting <br /> that the attached resolution be included on the Council agenda for <br /> action at its July 7, 2006, meeting. <br /> <br /> Enclosure CORM No. <br /> 6.' <br /> Ref. TO: <br /> Ref. [)Ote <br /> <br /> <br /> 1686hmko <br /> EQUAL HOUSING OPPORTUNITY <br /> `HAWAI' COUNTY IS AN EQUAL OPPORTUNITY <br /> PROVIDER AND EMPLOYER" <br />