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HomeMy WebLinkAboutRES 388 Draft 01 1994-1996COUNTY OF HAWAII -STATE OF HAWAII RESOLUTION N0. 3$$ AR RESOLUTION AUTHORIZING THE FINANCE DIRECTOR TO NEGOTIATE WITH THE HAWAII ISLAND COPR+IUNITY DEVELOPMENT CORPORATION FOR THE SALE OF THE OULI ELUA AFFORDABLE HOUSING PROJECT SITE. WHEREAS, pursuant to Chapter 2, Article 19, Section 2-120, Hawaii County Code, as amended, the County Council may direct the Finance Director to dispose of real property in fee, by lease, license, or permit; and WHEREAS, Chapter 2, Article 19, Section 2-114 (a), Hawaii County Code, as amended, provides that real property may be sold through negotiation upon a finding by the Council that the public interest demands it; and WHEREAS, Chapter 2, Article 19, Section 2-120 (b), Hawaii County Code, as amended, provides that a disposition of real property to non-profit organizations or affordable housing developers may be made without the required notice or appraisal; and WHEREAS, the County of Hawaii agrees to sell the project site (TMK: 6-2-01: A-2) to the Hawaii Island Community Development Corporation (HICDC), a duly formed not-for-profit corporation under IRS Section 501(c)(3) for the purpose of developing mutual self-help housing project; and WHEREAS, the County proposes to enter into an Agreement with the HICDC after receiving proper authorization from the Hawaii County Council; and WHEREAS, the Agreement will state that the HICDC will have approximately two (2) years to complete the construction of improvements for the development of approximately twenty (20) single family house lots; and WHEREAS, the Agreement will further state that the HICDC will have approximately four (4) years to complete the construction of improvements for the additional development of approximately twenty (20) single family house lots for a total of approximately forty (40) single family house lots; and WHEREAS, the Agreement will further state that the County will purchase the HICDC fee simple interest in the project site or any remaining portions of the site not developed by the HICDC or if the HICDC fails to develop any of the approximately forty (40) single family house lots; and WHEREAS, the County hereby acknowledges that the Ouli area is a good and proper choice for housing development and construction; and WHEREAS, the County desires to use its resources to provide decent, safe and sanitary housing to qualified families; and WHEREAS, the County and the HICDC mutually desire to develop affordable single family homes for sale to families with income levels of 120 percent (120) and below of the median family income for the County of Hawaii; and WHEREAS, it is the intent of the County of Hawaii to sell the project site to the HICDC for TWO HUNDRED THOUSAND DOLLARS (5200,000.00) consideration; and WHEREAS, it is the intent of the HICDC to purchase the project site from the County of Hawaii for TWO HUNDRED THOUSAND DOLLARS (5200,000.00) consideration; and WHEREAS, pursuant to Chapter 2, Article 19, Section 2-110 (a)(5), Hawai'i County Code, as amended, the Housing Administrator has certified that the Developer is an "Affordable Housing Developer"; and NOW, THEREFORE, BE IT RESOLVED BY THE HAWAII COUNTY COUNCIL OF THE COUNTY OF HAWAII, that the Finance Director and Housing Administrator are hereby directed to negotiate the sale of the Ouli Elua project site with the Hawaii Island Community Development Corporation to further the development of the Ouli Mutual Self-Help housing project. BE IT FURTHER RESOLVED, pursuant to Chapter 2, Article 19, Section 2-114 (a), Hawaii County Code, as amended, the Hawaii County Council finds that it is in the public interest to authorize the Finance Director to dispose of 11.25 acres of real property known as the Ouli Elua project site, further described as TMK: 6-2-01: A-2, through negotiation with the Hawaii Island Community Development Corporation. BE IT FURTHER RESOLVED, pursuant to Chapter 2, Article 19, Section 2-120 (b), Hawaii County Code, as amended, the Finance Director is authorized to dispose of the ouli Elua project site, further described as TMK: 6-2-01: A-2, without the required notice or appraisal. BE IT FURTHER RESOLVED, that a copy of this resolution be transmitted to the Department of Finance and the Office of Housing and Community Development. Dated at Hilo, Hawaii, this 2nd day of October , 1996. INTRODUCED BY: COUNCIL MEMBER, COUNTY OF HAWAII ROLL CALL VOTE COUNTY COUNCIL County of Hawall Hilo, Hawaii I hereby certify that the foregoing RESOLUTION was by the vote indicated to the right hereof adopted by the COUNCIL of the County of Hawaii on October 2, 1996 ATTEST: COUNTY CLERK CHAIRMAN & RESIDING OFFICER I I AYES i No>:s I Ass I C I Aralcaki X Easley X Childs X De Lima X Domingo X Osorio X Vas De Car X Ray X Smith X 9 0 0 0 Reference C-13 9 9 RESOLUTION NO. 8 ~ 9 6