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2010-04-15_County_of_Hawaii_Motion_to_Dismiss_Counter_Claim_to_Expunge_Lis_Pendens
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2010-04-15_County_of_Hawaii_Motion_to_Dismiss_Counter_Claim_to_Expunge_Lis_Pendens
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7/15/2011 4:36:27 PM
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s s <br /> 6. In September of 2004, the County issued a Request for Proposals for the <br /> Waikoloa Employee Housing Project("RFP"). <br /> 7. ' The RFP requested qualifications and conceptual proposals from experienced <br /> developers for the planning, design, and phased construction of approximately 1,000 <br /> affordable homes for people employed in area businesses, on County-owned land in Waikoloa <br /> Village, South Kohala District, Island of Hawaii ("The Land"). <br /> 8. The RFP further states that the project, referred to as the "Waikoloa Employee <br /> Housing Project", would consist of a total of approximately 1,000 single-family and multi- <br /> family rental and for-sale homes, related infrastructure and site improvements, and several <br /> non-residential land uses, including a community park, a neighborhood commercial center, <br /> and a church site("The Project"). <br /> 9. The RFP further states that all of the residential units were to be rented or sold <br /> at prices affordable to families with incomes in the range of 50 to 140 percent of the median <br /> income for the County of Hawaii (for 2004: $51,000 per year for a family of four persons). <br /> 10. On or around November 30, 2004, UniDev responded to the RFP advertised by <br /> the County for The Project. <br /> 11. UniDev's response to the RFP stated that"Un1Dev brings complete financing <br /> capabilities to each of its projects through its financing relationships with Citigroup and <br /> Fannie Mae. This allows the company to provide pre-development, construction and <br /> operating funds secured by the land and the future development. The project sponsor is <br /> required only to commit the land and the approvals and entitlements necessary to permit <br /> construction of the project to proceed". <br /> 3 <br />
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