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2016-18.2 Ad Hoc Report 5-11-16
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2016-18.2 Ad Hoc Report 5-11-16
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Ad Hoc Committee on Puna Connectivity <br />May 11, 2016 <br />Page 6 of 12 <br />CL #5 <br />This CL creates a connection between Hawaiian Acres and Orchidland at Orchidland's Pohaku Drive. It <br />requires the purchase of Hawaiian Acres lot TMK 9160580800000, assessed value of $16,000. Comps on <br />three acre lots in Hawaiian Acres range from $20,000 to $40,000. <br />Alternates to CL#5 <br />Because of the seasonal flooding affecting CL#5, an alternate has been explored. At the most obvious <br />connection at Orchidland Drive, the necessary properties all have structures. <br />Two unbuilt up lots midway between cross streets could be purchased to create a connection between <br />Hawaiian Acre's Pulelehua and Orchidland's Laniuma Dr. The first of these is TMK 4160600840000, a <br />three acre lot in Hawaiian Acres, assessed value $16,000, comps ranging from $20,000 to $40,000. The <br />second is TMK 9160120420000, assessed value of $26,000, Orchidland 3 acre comps ranging from <br />$30,000 to $50,000. <br />
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