2017-07-26 BDHRA Minutes - Laserfiche WebLink

Home

DELIMA: Okay, so—and the proposal could also include other leases that have already expired, for example the Country Club property as well. HEIT: Correct. DELIMA: Correct. Okay so, you know, I'm kind of suggesting that we put on the agenda a discussion and possible action for a request for proposal and perhaps our Corporation Counsel can analyze the legal mechanism of a memorandum of understanding is it called a memorandum of understanding or memorandum of agreement, or something like that and we should, maybe, consult with the Aloha Tower Redevelopment Agency because I know that's how they did that project. Now the thought, the thought is, is that for example the Country Club lease HEIT: Oh again, the lease expired; it's on a month-to-month revocable permit. DELIMA: Right, right. Okay, the month-to-month, the association is still collecting rents from the respective I mean there's monies that are being paid and being held somewhere. The State still collects their month-to-month lease? HEIT: Correct. DELIMA: Okay, and then, I would hope that we could get a presentation on that lease and what's going on because people are paying money each and every month; where's that money being deposited? And the question is if we could have a request for proposal and someone would take over the management of that property,perhaps the lease rents, the rents that would be paid by the people that live there could be help to use for the,the demolition of the Uncle Billy's property. I'm just thinking out loud. HEIT: Yeah, okay. DELIMA: You know it's a possibility; we should take a look at it. HEIT: Right. DELIMA: But in order to evaluate it, we need to understand it. And I don't have all the facts on that as well. So I would like us to get a presentation on that property; what's happening, where's the money going, who's managing the money, and whether we could analyze and use that as a possibility of raising funds. Now of course if we did a request for proposal and someone had an interest in building a hotel at the Uncle Billy's site, and took responsibility for demolition, and even taking a look at the Country Club site as a possible development area. I think the Agency would be interested in seeing what is out there for improving that area. But that's something for a future agenda, if we could do that. Does anyone have any other questions based on my questions? TANIGUCHI: Yeah, I don't have my material with me, but where the Country Club is adjacent to, I thought that was a condominium. Right next a condominium. DELIMA: Yeah, but the lease, the ground lease Page 6 of 10 Banyan Drive Hawaii Redevelopment Agency July 26,2017 Minutes