The URL can be used to link to this page

Home My WebLink AboutRES 461 Draft 01 1988-1992:~ 9 COUNTY OF HAWAII STATE OF HAWAII RESOLUTION No. 462 92 RESOLUTION AUTHORIZING THE FINANCE DIRECTOR TO NEGOTIATE THE SALE IN FEE SIMPLE OF REAL PROPERTY TO THE HAWAII HOUSING AUTHORITY FOR THE DEVELOPMENT OF AFFORDABLE RENTAL UNITS AT WAIKOLOA. WHEREAS, the County of Hawaii designated a site within the Waikoloa Affordable Housing Project for the immediate development of a multi-family rental project; and WHEREAS, a master plan prepared by Nansay Hawaii for the 279-acre Waikoloa Village Affordable Housing Project identified Site No. 19, consisting of approximately ten (10) acres, more specifically described in the hereto attached map labeled "Exhibit A," located adjacent and to the north of the Paniolo Estates Subdivision, as the :cost feasible site for immediate development; and WHEREAS, there are three potential development projects being considered for Site No. 19 which will provide Federal and/or State subsidies for low income rental units in the South Kohala district; and WHEREAS, the preliminary project layout is identified in the hereto attached map labeled "Exhibit B"; and WHEREAS, Nansay Hawaii has submitted a low-income housing tax credit application to the State Housing Finance and Development Corporation (HFDC); and WHEREAS, Nansay's tax credit application has been approved by the HFDC Board on May 8, 1992; and WHEREAS, the opportunity to take advantage of the Federal and State subsidies for low-income rental units could be lost unless a multi-family site is designated and made available to the State's Hawaii Housing Authority by June 19, 1992; and WHEREAS, the development of low income rental units within the Waikoloa Affordable Housing Project will be consistent with the objectives of Section 46-15, HRS; and WHEREAS, pursuant to Chapter 2, Article 19, Section 2-120, Hawaii County Code, as amended, Disposition to government, governmental agencies, non-profit organizations, and affordable housing developers, the County Council may direct the Finance Director to dispose of real property in fee, by selling it at such price and on such terms and conditions deemed proper; and WHEREAS, the County owns the land herein identified as Site No. 19; and WHEREAS, the Hawaii Housing. Authority desires to acquire Site No. 19 from the County for the purpose of developing low- income rental housing projects; and WHEREAS, the aggregate selling price of Site No. 19 is $1,040,000.00, which includes the parcel's prorated infrastructure cost ($500,000) and the cost of site improvements ($540,000) necessary to subdivide Site No. 19; and WHEREAS, the Hawaii Housing Authority is a State Housing Agency and an "Affordable Housing Developer"; and WHEREAS, the Office of Housing desires to negotiate sale terms and Hawaii Housing Authority; and and Community Development now sell Site No. 19 to the WHEREAS, the metes and bounds description will be established prior to closing the sale of Site No. 19; and WHEREAS, Section 46-66, Hawaii Revised States (HRS), authorizes each County, subject to the approval of its Council, to grant, sell, or otherwise dispose of any easement for any public utility purpose by negotiation without public auction; and WHEREAS, Chapter 2, Article 19, Section 2-lil(a)(2), Hawaii County Code, as amended, provides that the Council may, by resolution approved by a majority of its members, direct the Finance Director or Chief Engineer to grant an easement for particular purposes, subject, however, to reverter to the County upon termination or abandonment of the specific purpose for which it was granted, provided that any easement may be granted by direct negotiation; and WHEREAS, the County desires to give the necessary consent to grant an easement to any public or private utility company which, in the future, may desire to provide service to the Waikoloa Affordable Housing Project. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE COUNTY OF HAWAII, that the Finance Director and Housing Administrator are hereby directed to negotiate sales terms and sell Site No. 19 to the Hawaii Housing Authority should the agreed to terms indicate that such sale of real property is in the County's interest and is consistent with the intent of providing affordable housing of Hawaii County residents to further the development of the project. BE IT FURTHER RESOLVED that in accordance with the provision of Section 46-66, Hawaii Revised Statutes, and Chapter 2, Article 19, Section 2-111(a)(2), Hawaii County Code, as amended, the Director of Finance is authorized to grant easements on County property to public or private utility companies for the purpose of providing service to the Waikoloa Affordable Housing Project, subject however, to reverter to the County upon termination or abandonment of the specific purpose for which this easement is granted. BE IT FURTHER RESOLVED that copies of this Resolution be sent to the Director of Finance, the Administrator of the Office of Housing and Community Development, and the Executive Director of the Hawaii Housing Authority. Dated at Hilo, Hawaii, this 3rd day of June 1992. INTRODUCED BY: „S. COUNCIL MBER, COUNTY OF HAWAII COUNTY COUNCIL County of Hawaii 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 ~TtnP 3 F 1 992 ATTEST: ,~ ~~~, r. COUNTY K CHAIRMAN & PRES DING OFFICER ROLL CALL VOTE AYES NOES ABS EX ARAKAKI DE LIMA X DOMINGO HALE X KOKUBUN X LAI MAKUAKANE X RUDDLE SCHUTTE X Reference CHA (05/26/92) RESOLUTION NO. ~sl 9~ / ~. 1 , / ~1Y~R0. OVlOM `/ ~ i ` ' J s e.~.~r .h ~ i }/ i ~ `~• .S ~` \ _ M...w e.w.~t. ~_ ~`t` 1, _ _1 i 1` / ~ t tu.r.« e•r« ~ . '1 ~~ ~ ~ o.tww .w. ~. t t ~ 1 - ~ i p w/ ~ ~ ~' ~~ ~~ f M \« 1 ~ ,. 1 i ~ ~ Yra~ . '; ~ ~ ~ ~ ', ~~ _ "~~~ ~ Pan(olo Estates / .~ ' ~ .~ r•nwu u•u ~ ~ ~ 1 wr« r«..i ' t ~~ tu• 1i fl ~ ~ ~ ' - .~ ~ : ~ '' .~.' i SITE NO. 19 ~ ~y. ',:, ~% ~ , _:~ 1, , 1 tts tta.. ~ i , L . ! e i ... c+:ri I t i ~. (-~, li + r ~~ .-.1 J 1 N • V~ ~" it C • •Afl ~ i ~~ 0/1 is aGr TI ~ u! 1_ f/~ ~ . l I ' ~ `~. ~ T•tw i ! .w ~UtO is •. •' y % Ai ~, d .w ~ ~ : ~ ~ \ ~: 1, ~'~ ~. /' \ u t /~ ~ ((" VV = ' i,, I ~' i ~ , i t' . ~ - ~ i '~ I Fri _ ~ ~ to ~ ~ /~ ' . ,~~ ~ ~ // taiwr r /~ l~.l1 ~. 'iris j T.~„ - ~ tw ~ ~ r, , r/~ aFrt>oe,>• ~ ~ ~~ ~~ ~ ~~ ~~a ~ ' ~ t i ~, J . ~_ iy ~ ~~ ~ ~- yt ~ I1 ,~ i ~ ~! WAIKOLOA AFFORDABLE HOUSING PRELIMINARY ~ PROJECT MASTER PLAN ® ~-LAND USE PLAN Far. cauvy M wwtil D.ot d rwtvy ~ Cotmn.r ^wuootttwe t+o. wwUl . w ^ ~ ar: 0. tt Tow corov.non rw . ww~ ~'. Mpa.ii Y1.rrH ~....~ •41~ 0 ~~ ~~ ~^ S o ~ x ~ 7_ v ' •` 0 ~~s~ ~ `~ ~~ ~ ~~ ~ ~ n ~ ~~ o ~ u o ~ ~ , ~. ~~ ~~ ~~ ~~~~ 8~ ~ ~ ~~ ~i~ ~~~r mil'@~ ~I h Y a ~N+ .. ~ b vv v --