REP FC 052 02/21/2007 2006-2008 - Laserfiche WebLink

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Page -2- Resolution No. 60-07 The Hawaii County Council finds the current affordable housing crisis to be a substantial reason to halt the disposition of said properties through public auction as it would eliminate the opportunity for most Hawaii Island residents, especially first-time buyers, to compete for purchase of these properties. Subsection 2-114(a) of the Hawaii County Code 1983 (2005 Edition, as amended) states, "Real property may be sold or leased through negotiation upon finding by the council that the public interest demands it and upon approval of the minimum conditions and selection criteria of the council." Rule 9 of the Rules of Procedure and Organization of the Council of the County of Hawaii allows the establishment of an Ad Hoc Committee which would then help to formulate a plan of land disposition that would hopefully meet the affordable housing needs of our community, said committee would be named the Hamakua Lands Ad Hoc Committee. The Hawaii County Council recognizes that the original intent of a previous council to sell these lands was to address a $10,000,000 to $14,000,000 budget shortfall, and that the current administration moved forward with the sale to satisfy that directive. Today the County of Hawaii enjoys a budget surplus of over $11,000,000, and it is projected that real property tax revenues will exceed that of the previous fiscal yeaz. This financial position gives the County a golden opportunity to utilize these public lands not for profit, but to give hope to people in achieving the American dream of affordable home ownership. Your Committee agreed that the pending sale by public auction by the Hawaii County Finance Depaztment on TMK's: (3) 4-3-07:01, 4-3-09:19, 4-3-09:24, 4-3-11:01 and 4-3-11:02, Pa`auilo, Hamakua, Hawaii be postponed until such time that the Hamakua Lands Ad Hoc Committee formulates a plan of land disposition that would help to meet the affordable housing needs of our Hawaii Island community. Your Committee selected members of the Hamakua Lands Ad Hoc Committee as follows: Council Member Dominic Yagong, Chairman; Council Member K. Angel Pilago, Vice-Chairman; Council Member Pete Hoffmann; and Council Member Brenda Ford. The Hamalcua Lands Ad Hoc Committee will be working towards formulation for the disposition of these lands, and will report their findings back to Your Committee no later than April 17, 2007. FC REPORT NO. 52