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Form #: B-52 <br /> 7/18/91 <br /> DEPARTMENT OF FINANCE <br /> REQUEST FOR COUNCIL ACTION <br /> DEPARTMENT: Office of Housing & Community Dev DATE: 12/22/2017 <br /> STAFF CONTACT: Anthony A. Rodrigues, Jr. PHONE: (808)961-8379 <br /> A. REQUEST: <br /> Prepare a resolution authorizing the Director of Finance to negotiate a seventy-five year lease with Hawaii <br /> Island Community Development Corporation for the purpose of development and construction of Hale Ola 0 <br /> Mohouli Affordable Senior Rental Housing. <br /> B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED): <br /> By the Govenor's Executive Order 4531, the County of Hawaii acquired a parcel of 9.091-acres from the <br /> State of Hawaii for the puoses of developing an affordable housing project for seniors. <br /> DEC.2 9 2017 <br /> SIGNED: /� DATE: <br /> Der. ent Head <br /> >��j.= yid, <br />