HomeMy WebLinkAboutCOM 0759.013 1996-1998
The Crown Lands of
To: Honorable James Arakaki
BY---
Chairman
Members of the County Council County CounWl
Hawaii County Council
25 Aupum Street
Hilo, Hawaii 96720
From: Kamehameha Investment Corporation,,
l ~ .
Date: April I, 1998
Re: Development Agreement for Oceanside 1250-Resolution No. 244-98
On behalf of Kamehameha Investment Corporation ("KIC"), one of the land owners
affected by the Development Agreement provisions relating to the Mamalahoa Bypass Highway,
'his will register our formal position on the proposed adoption of the above Resolution and
approval of the Development Agreement by the County of Hawaii.
Certain of the adjoining property owners, including KIC, have been in discussions with
Oceanside 1250 regarding the impact of the Mamalahoa Bypass Highway on their properties. KIC
has entered into preliminary discussions with Oceanside 1250 over the issues specific to its
properties affected in the Keauhou district, and while these discussions have been of a positive
nature, there is no final agreement between the parties. Therefore, KIC is required to preserve its
legal rights regarding the impact of the Development Agreement upon its lands and future
development plans.
Due to the short response time given to KIC, and the express desire by Oceanside 1250
to proceed with the County of Hawaii's final action on this Resolution and Development
Agreement at this time, Kamehareha Investment Corporation hereby formally reserves any and
all of its rights to register objection to any procedural and/or legal issues raised by the above
Resolution and Development Agreement as they may affect KIC.
Thank you for your consideration of this matter.
cc: Oceanside 1250'~o._
Planning Director, County of Hawaii ptb No.- HC-C-lorry
1W. T.Presmted coulj~ L_
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KAMEHAMGIIA ]NVESTMF,NT CORPORATION
A 1mu Nle yen n uN- 567 South King Street. Suun 600 Ilonolulq Huwaii 96813-3076 7c1cphonc 1808) 521 1400 1=ucanulc (M)g) 199- 191
KONA 011111 78-6740 Makolea Street K9ilua-Kona, liawnu 90740-'42 1r1cphonc (808) 322-00x8 Pa,,widc (N08) ;'2 '07,