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HomeMy WebLinkAboutCOM 0595.125 2020-2022 P/CIOLVI61 bill 112 n!! HAwAiiREGIONAL COUNCIL CARPENTERS April 6,2022 County Council Meeting Hawaii County Building 25 Aupuni Street E5 �µ Hilo, Hawaii 96720 Maile Medeiros David, Chair —� Aaron S.Y. Chung,Vice Chair Statement of the Hawaii Regional Council of Carpenters—SUPPORT for Bill 112 Chair David,Vice Chair Chung,and Members of the Council, We strongly support plans for Kumu Hou at Waikoloa. Waikoloa Land Company has a proven history of being a thoughtful steward of the Kohala Coast and is deeply invested in our community's future.Their dedication to Hawai'i Island runs deep, and Kumu Hou is committed to using union labor throughout the project's development,supporting hundreds of local laborers and local families. Simply put, Kumu Hou is good for Hawai'i Island and will ensure meaningful opportunities for our local community and workforce. The Waikoloa Land Company's plans for Kumu Hou were thoughtfully developed with the community's best interests at heart.The project will ensure the creation of no less than 140 affordable workforce rental housing units for kama'aina, meeting a critical need here on the Kohala Coast and throughout the state.Although the Waikoloa Land Company has already fulfilled its affordable housing requirements, they are committed to creating even more housing opportunities for island residents because of their aloha for this community. For over 40 years,Waikoloa Land Company has done so much to steward and protect the natural environment, history and culture of this remarkable place. Now,they are ensuring that it will be taken care of for generations to come.A portion of each timeshare sale from Kumu Hou will be set aside to fund a $45 million endowment for The Waikoloa Foundation.This endowment through Kumu Hou is a lasting promise to the community. It will ensure The Waikoloa Foundation's efforts toward education, environmental stewardship and culture can continue in perpetuity,allowing The Foundation to expand its impact for the people of Hawai'i Island long beyond the work of the Waikoloa Land Company. STATE HEADQUARTERS & BUSINESS OFFICES OAHU: 1311 Houghtailing Street,Honolulu Hawaii 96817-2712 • Ph.(808)847-5761 Fax(808)440-9188 HI60 OFFICE: 525 Kilauea Avenue,Roo n 205,Hilo,Hawaii 96720-3050 Ph.(808)935-8575 Fax(808)935-8576 KONA OFFICE: 75-126 Lunapule Road,Kailua-Kona,Hawaii 96740-2106 Ph.(808)329-7355 Fax(808)326-9376 NIAUI OFFICE: 330 Hookahi Street,Wailuku,Maui 96793-1449 - Ph.(808)242-6891 Fax(808)242-5961 �� KAUAI OFFICE: Kunio Medical Ctr Bldg.,3-3295 Kuhio Hwy,Suite 201,Lihue,Kauai 96766-1040 • Ph.(808)245-8511 Fax ftJ �, *, �j,� Ref.To. �t WytA (X Ref. Dcate APR 2022 Again,we strongly support Kumu Hou, a significant investment in Waikoloa and the future of our Hawaii Island community. Mahalo for your consideration.