HomeMy WebLinkAboutRES 241 Draft 01 1998-2000 COUNTY OF HAWA,I~;;..; . STATE OF HAWAII
RESOLUTION No. 00
RESOLUTION AUTHORIZING THE SALE, IN FEE SIMPLE, OF LOT 6 OF
"CROSSROADS" SITUATE AT LANIHAU 1ST, NORTH KONA, HAWAII.
BE IT RESOLVED BY THE COUNCIL OF THE COUNTY OF HAWAII:
WHEREAS, the County of Hawaii is the owner of that certain parcel of
land, being Lot 6 of "Crossroads," situate at Lanihau 15~, North Kona, Hawaii,
further identified as Tax Map Key: 3'd/7-5-04:63; and
WHEREAS, Lot 6 is roughly triangular in shape and contains an area of
43,562 square feet, more or less (Exhibit "A"); and
WHEREAS, the County of Hawaii does not have plans to utilize Lot 6 for
any of its programs; and
WHEREAS, the County of Hawaii has received an offer from the Maryl
Group, Inc. (Exhibit "B") to purchase in fee simple or to lease with an option to
purchase, Lot 6 of "Crossroads;" and
WHEREAS, the County of Hawaii has submitted to the Office of
Environmental Quality Control, a Final Environmental Assessment for the
disposition and subsequent commercial development of Lot 6 of "Crossroads"
and has issued a Findings of No Significant Impact (FONSI); and
WHEREAS, Section 2-111, Powers of Council, Hawaii County Code,
provides, in part, that the Council may, by resolution approved by a majority of its
members, direct the Finance Director to dispose of real property in fee simple.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE
COUNTY OF HAWAII, through its authority under Section 2-111, Hawaii County
Code, that the Finance Director is authorized to sell, at public auction, in fee
simple, Lot 6 of "Crossroads," further identified as Tax Map Key: 3rd/7-5-04:63 in
a manner consistent with the applicable sections of Chapter 2, Article 19, Real
Property Disposition, Hawaii County Code.
BE IT FURTHER RESOLVED that the County Clerk shall transmit a copy
of this resolution to the Honorable Stephen K. Yamashiro, Mayor of the County of
Hawaii, Harry A. Takahashi, Director of Finance, and Mark S. Richards,
President of Maryl Group, Inc.
Dated at Hilo, Hawaii, this day of , 2000.
I CED
f
COUNCI EMBER, COUN Y OF HAWAII
COUNTY COUNCIL ROLL CALL VOTE
County of Hawaii Aves NOES ABS EX
Hilo, Hawaii ARAKAKI
CHUNG
I hereby certify that the foregoing RESOLUTION was by ELARIONOFF
the vote indicated to the right hereof adopted by the COUNCIL of the IACOBSON
County of Hawaii on
LEITHEAD-TODD
ATTEST: FISICCHIO
SMITH
TYLER
YAGONG
COUNTY CLERK CHAIRMAN&PRESIDINGOFFICER Reference: C-]3l)/FG
RESOLUTION NO. 24'' ~Q
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` j~1 EXHIBIT "A"
v A T p YfaY fit,
Development fealty
Architecture & Planning ~ ~ Commercial Sales
- & Leasing
Construction 1
Landscaping 1 Commercial Property
6ROVp Management
July 19, 1999
The Honorable Mayor Stephen Yamashiro
County of Hawaii
25 Aupuni Street
Hilo HI 96720 -REVISED -
VIA FACSIMILE & REGULAR MAIL
961-6553
RE: UPPER HENRY STREET PARCEL, KAILUA-KONA, HAWAII
TMK (3)7-5-4:63, CROSSROADS LOT 6
Dear Mayor Yamashiro:
We would like to enter into alease/purchase or straight purchase for the above
referenced County owned lot.
We are prepared to offer.
1. $500,000 cash for the parcel, or
2. A 7-1/2% per annum return lease, valuing the parcel at $500,000, with an
option to purchase..
We are prepared to close escrow 30 days following the necessary County
approval for the transaction.
We look forward to hearing from you regarding this proposal.
Sincere) ,
Mark S. Richards
President
MSRfjr
Cc: Ed Rapoza, ice President
Ken Melrose, Vice PresidenUDevelopment
EXHIBIT "B"
P~iaryl Group. !nc.
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