HomeMy WebLinkAboutRES 273 Draft 01 2004-2006 COUNTY OF HAWAII STATE OF HAWAII
RESOLUTION NO. ~'''3 d!6
RESOLUTION EXPRESSING COUNCIL SUPPORT FOR THE CREATION OF A
COMMUNITY FACILITIES DISTRICT AND OTHER MEANS OF FINANCING, SUCH
AS THE CREATION OF AN IMPROVEMENT DISTRICT AND ISSUANCE OF BONDS
TO PAY FOR CERTAIN IMPROVEMENTS IN THE WAIKOLOA EMPLOYEE HOUSING
PROJECT, AND REAFFIRMING RESOLUTION N0. 236-04.
WHEREAS, the County of Hawaii owns approximately 276 acres
of land in Waikoloa, South Kohala, Hawaii, further described as
TMK: 3/6-8-02:26 and 3/6-8-30:179. The property is zoned RS-10
and is undeveloped and is also known as the Waikoloa Employee
Housing Project (WEHP); and
WHEREAS, the County has determined there is a need for the
development of affordable units in West Hawai i; and
WHEREAS, the Council of the County of Hawai i, on
September 15, 2004, adopted Resolution No. 236-04 authorizing
the Mayor of the County of Hawai i, or, in his absence, the
Acting Mayor or authorized representative, to execute an
agreement with a master developer to develop the WEHP; and
WHEREAS, the Council desires to reaffirm Resolution No.
236-04; and
WHEREAS, Chapter 32, Hawaii County Code, as amended,
provides that the Council may establish Community Facilities
Districts for the purpose of financing the purchase,
construction, installation, expansion, improvement or
rehabilitation of any real or other tangible property; and
WHEREAS, the Office of Housing and Community Development
has proposed that a Community Facilities District be established
to finance certain improvements for the WEHP; and
WHEREAS, the Council desires to express its support for the
WEHP by supporting the establishment of a Community Facilities
District and other means of financing certain improvements
within the WEHP, such as, but not limited to, the creation of an
improvement district and the issuance of bonds to finance
certain improvements for the WEHP.
i ~
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE COUNTY
OF HAWAII, that it expresses its support for the establishment
of a Community Facilities District and other means of financing
certain improvements for the Waikoloa Employee Housing Project
such as, but not limited to, the creation of an improvement
district and the issuance of bonds to finance certain
improvements for the WEHP.
BE IT FURTHER RESOLVED, that Resolution No. 236-04, adopted
by the Council on September 15, 2004, is hereby reaffirmed.
BE IT FURTHER RESOLVED, that a copy of this resolution be
transmitted to the Office of Housing and Community Development.
BE IT FURTHER RESOLVED that this resolution shall take
effect immediately.
Dated at Kona this 22nd day of March 2006.
INTRODUCED BY:
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COUNCIL N,dEMBER , CO Y F .~A.WA - =-L~--._.._._~_ _
COUNTY COUNCIL ROLL CALL VOTE
County of Hawai' i
Hilo, Hawaii AYES NOES ABS EX
ARAKAKI X
I hereby certify that the foregoing RESOLUTION was by the RIGA X
vote indicated to the right hereof adopted by the COUNCIL of HOFFMANN
the County ofHawai'i on March 22, 2006 HOLSCHUH X
IKEDA X
ATTEST: IsBELL X
JACOBSON X
PILAGO X
SAFARIK X
9 0 0 0
Reference C-731/CHA
COUNTY CLERK CHAIRMAN & PRESID G OFFICER RESOLUTION NO.'~ d 3 ~