2018-07-25 BDHRA Minutes - Laserfiche WebLink

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$450,000 including whole building sprinkler system plus interior decoration costs. Currently, 30-day repayment provisions frustrate all of us. At Country Club, you can only invest with cash- flow dollars from which are produced from operations. There's presently a dis-incentive for renters for Country Club to invest with only a 30-day horizon with no reimbursement of infrastructure upgrade investments. Country Club is starved for investment dollars. Please help end this investment dollar starvation, allowing us to help you with written Banyan Drive Redevelopment authority, support for reasonable Country Club lease time period or reimbursement for investment funds. We want to, and work daily, to evolve 121 Banyan Drive into an architectural gem with resort traveler dollars flowing into Hilo, but need you, the Banyan Drive Redevelopment Authority with the authority and ability to now end the starvation of investment dollars for 121 Banyan Drive Country Club Hawaii. We need the investment starvation to end or we will end up an abandoned building such as Uncle Billy's Hotel. Thank you for your consideration. DELIMA: Thank you. Any questions? Thank you very much. And now we'll call Delene Osorio. OSORIO: Oh okay. Hi. I don't have any written testimony. I'm here to hold Connie's hand; I'm on the board of director's also at Country Club Hawaii. And I have to say, for the last year and a half that has been an admirable fight for that association to stay open and provide housing. One of my other questions, and some of you know that I already deal in affordable housing, so if Gordon gave me a piece of property today to build affordable housing on, we might be able to get approval for the entitlements in a year, it might take another two years to get the funding to build, and it might take another two years after that to build. So we're talking five years. So that all evolves to the question of where do these 120 people that occupy Country Club go to live now? I mean that's—Harry and I've talked about Lanakila for a couple of years and can't seem to wrest that from Hawaii Public Housing Authority to do something with it and about it, and the question I leave with you to think about is where do the folks go now if we can't even build fast enough to handle the regular households that are looking for places to live, in addition to the FEMA displaced households, you'll have another 120 people on the doorstep of every shop in town. I mean, that sounds dire, but I don't know how, what the time period is for this plan, but we're looking at five years at least, to try to build something to accommodate the tenants that are there now. Thank you. DELIMA: Thank you very much. Now I'll call Patty Heidenfeldt. HEIDENFELDT: Harry Kim, Mayor, Senator Kahele, members of the Board, and members of the community. My name is Patty Heidenfeldt and I reside at 175 Banyan Drive. I am the executive administrator for Reeds Bay Resort Hotel. Don Inouye is off-island right now doing business for the hotel and wished that I come today and speak here. I apologize for the typos in the letter that you have before you, or the brief that you have before you, but I will go over it as quickly as possible. The purpose is a brief synopsis of Reeds Bay Resort Hotel on Banyan Drive, and why we are here today, and what is our future? We are all aware that on July 11, 2011, Senate Bill 1830 Act 219 was put into place. Why? It was put into place for the purpose of extending for those who qualified prior to their lease expiring. This was the best thing that could happen for Banyan Page 3 of 17 Banyan Drive Hawaii Redevelopment Agency July 25,2018 Minutes