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Home My WebLink AboutCOM 0257.001 2008-2010BRENDA J. FORD Council Member Council District 7-Central Kona Hawai `i County Council County of Hawai `i Kai[ua Trade Center Phane: (308J 326-5684 Fax (808J 319-4786 Email: bfordaco.hawniC hi. us 75-5706Hanama Place, Suite /09 Kuiluu-Kann, Hawaii 96740 _~ c`z." Vii-.. ~? - C 1 L;:: " r• -i:- N .. April 20, 2009 ter; 7, - ~ _ - . .~ i7 '~~; -- cn To: J Yoshimoto, Council Chair And Members of the Hawaii County Council From:.' Brenda J. Ford ~~ ' - Council Member, District 7 ~ ~ s, _ - ~• E.. , RE: Additional Communication Packet to be Considered With Resolution 105-09 & Resolution 106-09. This information is pertinent to both resolutions which are being heard on Tuesday, April 21,2009. If you have any questions please call me. Mahalo BF/lw Comm. ~o. a S '~• i .c2ear~u' (~ Frr.F,• •lp? R-~~. ~~+~._. APR 21 2009 Serving the /nterests ojdhe People of'Our /stand /lawui'i County is an Equal Opportunity Provider and F,mp/Dyer ,, ~~ _ .. - Offering Memorandum ~~na t~~.~`i ~~e~n~~~~~ Four parcels at substantial price reductions 75-6060, 75-6066, 75-6076 Ali`i Drive Kailua-Kona, Hawaii Presented by: Exclusive Sales Agent Clearly Maui, Inc. 635 Kenolio Road Kihei, Hawaii 96753 Telephone: 808-875-7001 Facsimile: 808-874-6435 Allen T. Yap, CCIM SVP/Principal Broker allenyapC~clearlymaui.cotn ,- .~, ..x ,.. n .. __.,. .. „... . ~. ~ , r. a. lM.. ~ _~ ` ..i.'F~r, f'~f A.T-:.y g r. .. r..r ~ h^ .... ~>~a 1~~161 ~cea~~~®~~ Disclaimer Disclosure The information contained in this offering has been prepared by Clearly Maui, Inc. as author- ized by the Seller. The information contained herein has been compiled from sources deemed to be reliable; however, neither the information nor the reliability of such sources can be guar- anteed. Many assumptions, projections and estimates contained herein are variable by nature and are subject to changing economic and political conditions. The Seller, its agent, nor any affiliates, have made, and by this memorandum they do not make or imply, any promise, repre- sentation, warranty or other assurance of any kind or nature regarding or in any way pertaining to the Property. Seller, and/or its agent, makes no representation or warranty, expressed or implied, as to the accuracy and completeness of any information provided herein or to the related engineering or environmental matters, which may affect the Property. Each prospective buyer shall rely solely upon their own investigation and evaluation of the Property to form their own conclusions as to the advisability of completing the contemplated transaction without reliance upon the material contained herein. Each prospective buyer is also expected to seek professional advice in support of the transaction contemplated herein. This offering memorandum is subject to change or withdrawal at any time without notice. The Seller and/or its agent also reserves the right, in its sole discretion, to reject any or all offers, proposals or other expressions of interest regarding acquisition of the Property, and prior to entering into any agreement may terminate related discussions and/or negotiations with any prospective buyer and/or its agent at any time, with or without notice. .~, ;< .... . ,, ~ 1 -r ~~~H~~:: ,,. - / 1 1 ~x Kona A~~`i ®cea~~~~®nt Kona Ali`i Property Information TMK/Size: (3) 7-5-020:022 182,970 sf (3) 7-5.020:024 (3) 7-5-020:028 (3) 7-5-020:034 (1) (3) 7-5-020:034 (2) *Parcel 024 land area includes t] 134,078 sf ~.---- 1,435 sf 116,650 sf ~4 ~y. 115,418 sf ~ tree small arceLs totalin 7,241 sf ~~+~ ~~ P g ~~ , "~ '- Location: 75-6060, 75-6066, 75-6076 Alii Drive, Kailua-Kona, Hawaii ~'°'°'" Price: -Fareel 8~~ ~.~p~`~i~ri~'ao-ir SOLD :`'a" " Parcel 024 $3.05 -$4:~miliion , ~ ` - Parce1034(1) $2.95 ~~million ;,.` ~ , a,~_:,:,,,, Parce1034(2) $3.10 million ** ~ ;~~ ,,;r ~"°~ & Parcel 028 ,~ . I "~ ~` **Parcels 028 and 034(2) s old together ~'e, ` Land Tenure: Fee Simple Kona Regional Plan Designation: Residential Zoning Special Management Area: Utilities: Ocean Frontage Total: Ali'i Drive Frontage Total: RS-15 p t` ,.. _. . Island~ofHawaii Yes County water/sewer and electricity available to serve the Property 900 feet (approximately) 560 feet (approximately) ;> . . ,.. ... ... r, Z r -. ~~ Highlights • Property consists of four (4) contiguous vacant parcels • Last of the prime large ocean front properties on Alii Drive in Kona • Located in the center of the Kailua-Kona resort community • Ready for immediate development • All utilities available to individua( parcels • Potential furore subdivision of individual parcels • Parcels may have on-site archeological features • Very strong residential area sales Transaction Process • Offers to be submitted to Seller's agent • All offers to be cash to Seller at closing • Property to be sold in "as is, where is" condition • Escrow to be processed by Title Guaranty Escrow Service, Inc., Kahului, HI • Escrow to close within 90 days from Seller's acceptance of purchase agreement • Coop broker fee offered, restrictions apply This exclusive offering represents a rare and unique opportunity to individually develop the last four (4) residential oceanfront lots in Kailua-Kona, located in the center of the resort community on Alii Drive, halfway between downtown Kona and the community of Keauhi>u. ,~. ,. .. ,.. 3 ., .. `_, Y ~ ,,.. K®~a A~i`i ®cea~f~°~~~ Property Photos ._ , :, ... 4 ,~ _.. r~ .W ~~. ,~~.~. Center of Parcels Coastal Line Looking Mauka Shoreline as viewed South to North Center of Parcels Looking Toward the Ocean Looking South Toward Casa lle Emdeko North from Center of the Property Coastal Line SW Corner of Property viewing North The Kauakaiakaola Heiau at the Puapua'a Property in Kailua Kona on Ali'i Drive Proposed purchase properties with the $8.8 million in the 2% Fund The Puapua'a Property, the site of the Kauakaiakaola Heiau, is located on Ali'i Drive in Kailua Kona. The property was named Kona Ali'i by the owners for marketing purposes, and was originally12.69 acres. There is only 8.4 acres because part of the parcel has been sold. This property was ranked number 4 in the 2006 Open Space Commission's list. That year, Mayor Harry Kim included it as number 1 in his list of properties to be acquired in an article in West Hawaii Today. The Puapua'a property contains numerous pre-historic and historic cultural sites and structures, including a burial complex and the Hauakaiakaola Heiau that is describe in "Heiau of the Island of Hawaii A Historic Survey of Native Hawaiian Temples Sites" by William Ellis and named by him. This property has been studied in detail in an Archaeological Inventory completed by Cultural Surveys Hawaii in August of 1994 by Hammatt, Borthwick, Collins, Heidel and Robins; and The Kauakaiakaola Heiau is built of "immense blocks of lava" with dimensions of 150 feet by 70 feet, with a smaller enclosure at the north end 60 feet long and 10 feet wide, partitioned off by a high wall, with but one narrow entrance to the ocean- with indications that idols stood there at one time. The western side of the Heiau has a number of platforms and small enclosures that suggest house foundations, one of which is lined with lava rock, while its upper surface is paved with smooth coral fragments. Part of the original 12 acres has been sold, and the remaining 8.4 acres is listed with Alan Yap, a Maui real estate broker (see attached-5 page property offering) We request that this property be acquired by the county of Hawaii with funds from the 2% for Open Space Land Fund aka Public Access and Open Space and Natural Resources Preservation Fund, which has $8,897,529.19 as of April 15, 2009. Contact Debbie Hecht for more information 989-3222 or hecht.deb(a~gmail.com ]9-2069 09:98 PM M9.QY KENT 8n65T~3899 P.03 April 17, 2009 Dabble Hecht Pert ~W Boz 4148 Kailue Kom, Hawaii 96743 Alohp Debbie, I am the owner of thrw parcels lonmd on the ocean in Kdlua Kone off of A11'i Drive. They pre 1'MK's (3) 7.3-020:024, (3)1.3-020:028 and (3) 7-3-020:034 and ue ppmela 24, 34 (1) end 34 (2). We have been actively trying to aeB them and ptesendy have reduced the prices for p quick pale. Percel7A is 134,078 sq. ft and has been reduced from 54.9M to $3.03 M, parcel 34 (1) is 116.640 aq. ft end has ban induced from $3.BM to $2.93 and parcel 34 (2) has been reduced from $3.gM m $3.10. We are willing to soil one or all of these tots. Several of the councilmen have inquiretl about thane propedies and I em confirming we are willing to sell these propettiea to the County. You ran go online at beteillhuilder.com and click on the Kona AIPi properties and you cm see aerial photos of the propeNes. Parcel 22 is already sold so we only have 3 Iota kft. Sine~e~ely,,,,,g_~ '~"T _ Dwayne Bebill Mme BOB, env ~ SDS hF 60a • a10.5159 / 6t5 Kenello Hoed, Klhel, Hi 91p59 / lk. ABC ICaa) SITE •4739 ~_ ~~ .6 4 1 „~ ~`,. RAUAF.A~OL4 , JW HEIAU SITE 3636 ,'/' . t \?~~~~~ SITE •6691` ~~ •6699B ~ •.. PACIFIC ~CA B~ ., . crrE •6fi95 Sl~'E •6699A I ,1 . ~~ _,_,_ LCA BOUNDARY SHORELINE BOUNDARY ~~....•.~ r"' ~- 1 LCA ~~ ALL STATE SITE ~'s PREF'D;ED BY: 50.10.37 '~ Figssre 6 Project Area Showing Locations of Archaeological Sitee ~, ~ 26