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Harry Kim <br />Mayor <br />July 2, 2020 <br />County of Hawaii <br />Finance Department <br />25 Aupuni Street, Suite 2103 • Hilo, Hawaii 96720 <br />(808) 961-8234 9 Fax (808) 961-8569 - <br />Aaron Chung, Council Chair and <br />Members of the Hawaii County Council <br />Hawaii County Council <br />25 Aupuni Street <br />Hilo, Hawaii 96720 <br />Re: Resolution for multi-year amended and restated lease agreement <br />Deanna S. Sako <br />Director <br />Steven A. Hunt <br />Deputy Director <br />Enclosed is a resolution authorizing the County to enter into a multi-year amended and <br />restated lease for 75 years with Papa`aloa Housing, Inc. for the rehabilitation and <br />leasehold rights to the Papa`aloa Elderly Housing Project. Pdpa`aloa Housing, Inc. <br />desires to renovate the aging facility and increase its size from ten (10) one -bedroom <br />units to a new twenty (20) unit building and a community center. Their plans also <br />include the closure of six (6) cesspools on the property. The Papa`aloa Elderly Housing <br />Project will continue to serve as a rental housing facility for senior citizens. <br />The Office of Housing and Community Development requests that this resolution be <br />waived from Finance Committee and be placed on the July 22, 2020 Council agenda in <br />order to expedite this transaction. If you have any questions, please do not hesitate,to <br />contact Christine Nguyen of the Office of Housing and Community Development at 961- <br />8379. <br />o.4 <br />Deanna S. Sako <br />Director of Finance <br />Enc. Comm. No. I () 11) <br />c: OHCD Ref. `To:_Cou� k <br />.k. <br />RA, Date, <br />Zees -.o <br />Hawaii County is an Equal Opportunity Employer and Provider <br />