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• <br /> Harry Kim -"ot•.°."�� Deanna S. Sako <br /> Mayor c�• <br /> .4 \obi4. Director <br /> • _ - = =' Nancy Crawford <br /> • f'rF VIP. Deputy Director <br /> County of Hawaii <br /> Finance Department <br /> 25 Aupuni Street,Suite 2103 • Hilo,Hawai`i 96720CD L <br /> cp <br /> (808)961-8234 • Fax(808)961-8569 <br /> February 23, 2018 • � � <br /> UJ (-w. <br /> "l C) <br /> Valerie Poindexter, Council Chair and <br /> Members of the Hawai`i County Council 13-3 <br /> � <br /> Hawai`i County Council <br /> 25 Aupuni Street <br /> Hilo, Hawai`i 96720 <br /> Re: Accept Payment of In-lieu Fee <br /> In accordance with an Affordable Housing Agreement dated February 18, 1988, the <br /> developer of a resort hotel in Ka`upulehu, North Kona agreed to pay in-lieu fees totaling <br /> $100,000 for eight required affordable housing units. The developer paid $50,000 on <br /> February 4, 1988. • <br /> Enclosed is a resolution to accept an additional $50,000 in-lieu fee payment from KW <br /> KONA INVESTORS, LLC to satisfy the conditions of the Affordable Housing <br /> Agreement as indicated above. If there are any questions, please do not hesitate to call • <br /> Anthony Rodriguez, of the Office of Housing and Community Development at 961-8379. <br /> O <br /> Deanna Sako <br /> Director of Finance <br /> Enc. <br /> c: Housing <br /> K?es. -qs\Z <br /> Comm. No. / 13 <br /> Ref. To: FL <br /> Ref. Date FEB 2 7 2018 <br /> Hawaii County is an Equal Opportunity Employer and Provider <br />