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HomeMy WebLinkAboutCOM 0961.000 2004-2006 Os M. lily Harry Kim' Edwin S. Taira Mayor Housing Administralor comtp of foawatt OFFICE OF HOUSING AND COMMUNITY DEVELOPMENT 50 Wailuku Drive • Hilo, Hawai'i 96720-2484 V/TT (808) 961-8379 • FAX (808) 961-8685 June 23, 2006 T'' ~ Cl w MEMORANDUM ru -n 3 TO: Stacy Higa, Chairman Hawaii County Council FROM: Pete Hoffmann, Chairman Hawaii County Housing Agency - SUBJECT: Resolution Authorizing the Mayor or His Duly Aut zed Representative to Negotiate, Execute and Submit the Necessary Documents for an Estoppel Agreement With the National Electrical Benefit Fund for a Pre-Development Loan With the Waikoloa Workforce Housing, LLC The Hawaii County Housing Agency reviewed and approved the County of Hawaii executing an Estoppel Agreement with the National Electricians Benefit Fund (NEBF) for a pre-development loan for the Waikoloa Employee Housing Project at its meeting on June 19, 2006, and voted as follows: AYES: J. Arakaki, S. Higa, F. Holschuh, D. Ikeda, V. Isbell, B. Jacobson, A. Pilago, G. Safarik, P. Hoffmann - 9 NOES: None ABSENT AND EXCUSED: None The HCHA approved the county of Hawaii executing an Estoppel Agreement because the Office of Housing and Community Development did not have a Council resolution ready at that time. 2 am requesting that the attached resolution be included on the Council agenda for action at its July 7, 2006, meeting. Enclosure CORM No. 6.' Ref. TO: Ref. [)Ote 1686hmko EQUAL HOUSING OPPORTUNITY `HAWAI' COUNTY IS AN EQUAL OPPORTUNITY PROVIDER AND EMPLOYER" +TV Os N4 Harry Kim ' Pete S. Hoffmann Mayor Chair Donald Ikeda conntp of ; aWaft Vice-Chair HAWAII COUNTY HOUSING AGENCY 50 Wailuku Drive • Hilo, Hawai'i 96720-2456 V/TT (808) 961-8379 • FAX (808) 961-8685 June 23, 2006 Stacy K. Higa, Chair Hawaii County Council 25 Aupuni Street Hilo, Hawaii 96720 RE: Resolution Authorizing the mayor or His Duly Authorized Representative to Negotiate, Execute and Submit the Necessary Documents for an Estoppel Agreement With the National Electrical Benefit Fund for a Pre-Development Loan With the Waikoloa Workforce Housing, LLC Pursuant to Section 2(g) of Rule 4 of the Rules of Procedure of the Council of the County of Hawaii, this written request is submitted with my approval that the above-referenced matter be waived from the Hawaii County Housing Agency to the full Council for immediate action. In reviewing this matter, timely approval is crucial to the activities of the Waikoloa Employee Housing Project. It is therefore advantageous that approval is granted and the matter placed onto the July 7, 2006 Council agenda for review. However, in the event this request is denied for whatever reason, I understand the matter shall be referred to the Hawaii County Housing Agency for placement on its future agenda. 'n el Pete Hoffmann, Cha Hawaii County Housing Agency Approved/Date/Waive to Council: Disapproved/Date/Refer to HCHA: Z IF a'aeacy Higa, Chair Stacy K. Higa, Chair Hawaii County Council Hawaii County Council 1686hmko EQUAL HOUSING OPPORTUNITY 'HAWAI'I COUNTY IS AN EQUAL OPPORTUNITY PROVIDER AND EMPLOYER'