HomeMy WebLinkAbout2025_01_30; Affordable Housing Agreement for Hikina LaniC.Kimo Alameda,Ph.D.
Maya, r4 Kehaulaui M.Costa
Housing Administrator
William V.Brilhante,Jr.
Managing Director Kellen M.Mercado
eti••••„.. Assistant HousingAdministrator
Merrick Niahimoto
Deputy Managing Director
County of Hawaii
Office of Housing and Community Development
1990 Kino'ole Street,Suite 102 • Hilo,Hawaii 96720 • (808)961-8379 • Fax(808)961-8685
Existing Housing:(808)959-4642 • Fee(808)959-9308
Kona: (808)323-4300 • F.(809)323-4301
TRANSMITTAL MEMORANDUM
January 30, 2025
TO: Dr. Holeka Goro Inaba, Council Chair
And Members of the Hawaii County Council
FROM: Kehaulani M. Costa
Housing Administrator u
SUBJECT: ORDINANCE 23-20 RELATED TO AFFORDABLE HOUSING
AFFORDABLE HOUSING AGREEMENT
COPIESATEMS DATE DESCRIPTION
One (1) copy 1128/25 Affordable Housing Agreement for Hikina Lani
Development, RJL LLC
TRANSMITTED FOR:
Your information and files Your approval
Your signature and return Your review and comments
Your signature and forwarding See remarks below
as noted below Returning to you
Per your request
REMARKS: Pursuant to Hawaii County Code Section 11.19(a) Affordable Housing
Agreements, within thirty calendar days following the date of execution of any Affordable
Housing Agreement executed in satisfaction of this chapter, the Housing Administrator
shall submit a copy of the Affordable Housing Agreement to the Council
Enclosed is an executed Affordable Housing Agreement for Hikina Lani Development by
RJL LLC (Developer) and filed with the Bureau of Conveyances on January 28, 2025.
Should you have any questions please contact our office at (808) 961-8379.
Thank you.
35dOpkR
OPPORUNIT
4
STATE OF HAWAII
BUREAU OF CONVEYANCES
RECORDED
January 28,20258:01 AM
Doc No(s)A-9159000109
Dac 1 of 1 s/BESS PALMA(ACTING)
Pkg 12487922 ICL REGISTRAR
LAND COURT REGULAR SYSTEM R
Return By Mail X Pick-Up To:
RJC LLC TG:AC7311511195P
32 POKO PLACE
HILO,H196720-2238
TITLE OF DOCUMENT:
AFFORDABLE HOUSING AGREEMENT
DEVELOPER: RJL LLC,a Hawaii Limited Liability Company,whose principal place of
business and mailing address is 32 Poko Place,Hilo,Hawaii, 96720-2238
COUNTY: COUNTY OF HAWAI'l,a municipal corporation ofthe State of Hawaii,
whose principal place of business and mailing address is 25 Aupuni Street,
Hilo,Hawaii 96720
TAX MAP KEY(S): (3)2-"39:025
This document consists of Pages.)
AFFORDABLE HOUSING AGREEMENT
This Agreement is made and effective this—L day of M4 by and
between RJL LLC,a Hawai'i Limited Liability Company,hereinafter rU cN,ad to as"Developer",
whose principal place of business and mailing address is: 32 Polco Place,Hilo,Hawaii 96720-
2238,and the COUNTY OF HAWAVI,a municipal corporation of the Slate of Hawaii,
hereinafter referred to as"County",whose principal place of business and mailing address is 25
Aupuni Street,Hilo,Hawai'i %720.
RECITALS
WHEREAS,the Developer proposes to develop approximately thirty three(33)finished
booting lots on approximately thirteen and one half(13.838)acres of real property situated off
of Haihai and Ainaols Streets in Hilo,District of South Hilo,County and State of Hawai'i
identified as TMK:(3)24-039:025(hereinafter the"Project"),and more particularly described
in Exhibit"A"attached hereto and made part of;and
WHEREAS,on October 4,2022,the County's Change of Zone Ordinance No.22-100
Ord.22-100")became effective,amending the zoning of the Affordable Housing Site from
Agricultural—Three Acres(A-3a)to Single Family Residential— 15,000 square feet(RS-15)
subject to Condition"U",which provides for the development of affordable housing lots as
follows;
U. To ensure that the Goals and Policies ofthe Housing Element
of the General Plan are implemented,the applicant shall comply
with the requirements of Chapter 11,Article 1,Hawai'i County
Code relating to Affordable Housing Policy.This requirement
shall be approved by the Administrator of the Office of Housing
and Community Development prior to Final Subdivision Approval.
WHEREAS,the Developer has evaluated the various options available for satisfying the
requirements of Chapter 11,Article 1,HawaN County Code("Chapter 11"); and
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WHEREAS,Hawaii County Code("HCC")Section 11-5(a)(7)provides that the
affordable housing requirements can be satisfied by obtaining affordable housing excess credits
from another developer pursuant to HCC Section 11-15;and
WHEREAS,the Developer proposes to satisfy the Project's affordable housing
requirements through the acquisition of six and one-half(6.5)affordable housing excess credits
excess credits')in accordance with HCC Section 11-5(a)(7);and
WHEREAS,the Developer has alternatively purposed,in the event the Developer is not
able to acquire six and one-half(6.5)excess credits,to satisfy the affordable housing requirement
by constructing and selling a total of seven(7)affordable finished lots in accordance with HCC
Section 11.5(a)(2);and
WHEREAS,Chapter 11,relating to Affordable Housing Policy,authorizes the Mayor,
the Office of Housing and Community Development("OHCD')or their duly authorized
representative to enter into this Agreement with the Developer to perform one or any
combination of the options for satisfaction of the affordable housing requirements contained
within HCC Sectionl 1-5;and
NOW,THEREFORE, in consideration ofthe mutual covenants in this Agreement,and
pursuant to Chapter 11,the parties hereby agree as follows:
I, Developer Representations and Warranties
Developer hereby represents and warrants following:
t. At the time of execution of this Agreement,Developer has good and marketable
fee-simple title to the Property,subject only to such encumbrances set forth on
Exhibit"A"hereto.
2. Developer is qualified to transact business under the laws ofthe State of Hawaii
and has the full legal right,power and authority to execute this Agreement.
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3. The execution and performance of this Agreement by the Developer will not
violate or,as applicable,have not violated any provision of law,rule or regulation
or any order of any court or other agency or governmental body.
4. Developer will not knowingly take or permit any action that would result in a
violation of the requirements ofChapter 11 ofthe Hawaii County Code and
applicable regulations or this Agreement.Further,the Developer will comply with
all applicable County,State,and Federal laws,mles,regulations,and
requirements.
5. Developerplans on satisfying the affordable bowing requirements of the Project
utilizing the options set forth in this Agreement,summarized as:
Option 1:Complete the acquisition of excess credit(s)from a third party
developer(s)for a total of six and one-half(6.5)excess credits which have
been verified with written approval by OHCD and recorded with the BOC;
or
Option 2: Complete the sale of a total of seven(7)lots,six(6)Lots at the
eighty percent(80%)adjusted medium income(AMI)level eaming one
Credit each,and one(1)lot at the one hundred percent(100%)adjusted
medium income(AMD)level earning a one-halfcredit for a total of six and
one-half(6.5)credits.
11. OPTION 1:Satisfaction by Acquisition and Redemption of Excess Credits
1. Excess Credit Verification.The Developer shall notify the OHCD in writing of its request
to use excess credits obtained from a specific Developer whose project has earned excess
credits for their use. OHCD shall verify the eligibility of the credits to be purchased from
a third party to meet the Developer's housing condition including the 15-mile radius
restriction per HCC Sectionl 1-15 and HCC Sections 1-15(c),and Hawaii Revised
Statutes(HRS)Section 46-15.1(b). OHCD shall provide written notification to the
Developer ofthe proposed excess credits eligibilty or non-eligibilty ofuse for the Project
location.
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2. Excess Credit Use.Upon closing of the Developer's purchase of six and one-half (6.5)
excess credits from a third party,which were verified by the OHCD as eligible for use for
the Project:
a. OHCD will acknowledge and approve the third party's Transfer Agreement ofthe
affordable housing excess credits to Developer;and
b. Developer is responsible for recording the Transfer Agreement with the State of
Hawaii Bureau of Conveyances(BOC)within 15 days of OHCD's approval,
failure to record the Transfer Agreement will null and void this County's
approval;and
c. Developer shall provide a copy of the recorded Transfer Agreement to OHCD
within 30 days;and
d. Upon recordation,Developer will be entitled to use the affordable housing excess
credits to satisfy the affordable housing requirements for the Project;
3. Redemption of Excess Credits. Upon OHCD's approval of Developer's purchase of the
six and one-half(6.5)excess credits,said excess credits will be redeemed by OHCD in
satisfaction of the affordable housing requirement of the Project as thirty three(33)
finished housing lots development of TMK:(3)2-4-039:025.
4. Timeline. Developer shall have one hundred eighty(180)days from the date of
execution of this Agreement to obtain excess credits deemed eligible for the Project by
OHCD. If the Developer does not obtain excess credits deemed eligible for the Project
by OHCD during this time period,Developer shall complete satisfaction of the Project's
affordable housing requirements by completing the terms outlined in Option 2.
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III. OPTION 2: Satisfaction by the Sale of 7 Affordable Finished Lots
In the event Developer is unable to acquire six and one-half(6.5)excess credits in
compliance with HCC Chapter 11,as approved by the Housing Administrator,the Developer
agrees to meet the affordable housing requirement ofthe Project,as follows:
1. Develooment of the Pronerly.Developer is responsible for completing the development
of thirty three(33)finished lots with road access drainage,water,electricity, sewer lines,
if required,and telephone. As required by HCC Section 11-5(a)(2),the entire Project
will be marketed as finished lots. Seven(7)ofthe thirty-three(33)finished lots will be
designated to be sold as an affordable finished lot("Affordable Lots"),subject to the
approval of the Housing Administrator. The Affordable Lots shall not have unusual site
conditions that make it difficult to build a home,in accordance with HCC Section I1-
5(b). Until such time as the conditions set forth in this Agreement are satisfied,the
provisions ofthis Agreement and the requirements to provide the Affordable Lots shall
be binding on the Property.
2. Designated Affordable Lots. Developer hereby agrees to construct the following
Affordable Lots within the Project site,and to sell those lots exclusively to the indicated
income Eligible Buyer(s)at an Affordable Sale Price:
Number ofLots Income Eligible Buyers Credits Earned
per Unit
6 No more than 80%AMI 1.0
1 No more than 100%AMI 5
The calculations above are pursuant to HCC Sectionl 1-5(d)(2).
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A. The designated Affordable Lots shall be acceptable to and approved by the
Housing Administrator in writing prior to the sale of market finished lots.
B. The designated Affordable Lots shall be of comparable area(square feet)as the
market lots,and be completed with road access drainage,water,electricity, sewer
lines,if required,and telephone,and shall not have unusual site conditions that
make it difficult to build a home.
C. If the designated Affordable Lots on the Project site is intended to be developed
and marketed in more than one development phase,then at least twenty percent
20%)ofthe lots offered in each phase shall be,designated as Affordable Lots.
D. Developer may subsequently change the Affordable Lot designation within a
Phase if acceptable to and approved by the Housing Administrator and meets all
of the requirements outlined in Section B. Changes to the Affordable Housing
Lot designation shall not be unreasonably withheld. Any subsequent change to
the Affordable Lot designation will be approved in writing.
3. Sale of Affordable Lots. Developer shall comply with the procedures and guidelines
outlined by OHCD in relation to the sale ofthe Affordable Lots. All sales of the
Affordable Lots will include a Warranty Deed rider that will outline the affordability
period and resale restrictions as required by Chapter I and the Housing Administrator.
4. Timcline, IfDeveloper is not able to obtain excess credits as outlined in Option 1,the
Developer shall complete the construction of the Project,and sell the Affordable Lots to
Income Eligible Buyers within five(5)years from the date of execution of this
Agreement. Developer can request an extension of this timeline,subject to the approval
ofthe Housing Administrator. If an extension is granted,such extension will be
memorialized in an amendment to this Agreement.
IV. General Terms That Auoly to This Agreement
1. Completion of Performance:Release Completion ofperformance of the affordable
housing requirements requires the construction and sale of the thirty three(33)finished
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housing lots. Upon satisfaction,a Release of the Agreement or Partial Release of this
Agreement,as applicable,shall be executed by the parties hereto and filed by the
Developer with the Bureau of Conveyances,or with the Land Court ofthe State of
Hawai'i,as applicable,within thirty(30)days of execution.
2. Changes in Development Plans. Any change in the development plans may change the
number of excess credits or finished housing lots required to fully satisfy the affordable
housing requirements of the Project located at TMK:(3)24-039:025. If the
development plans for the Project located at TMK:(3)2-4-039:025 change,Developer
will renegotiate the terms of satisfying the affordable housing requirements and agree to
the amendment ofthis Agreement as necessary to comply with the Code,any and all
applicable rules,regulations,policies,procedures,rulings or other official statements
pertaining to the implementation ofHCC Chapter 11.
3. Amendment.The Developer agrees that it will take all actions necessary to effect
amendment ofthis Agreement as may be necessary to comply with the Code,arty and all
applicable rules,regulations,policies,procedures,rulings or other officials statements
pertaining to the implementation of Chapter 11,the Affordable Housing Policy,as may
be amended.
4. Termination.Immediately upon termination,lapse,disapproval or revocation(as
applicable)of Developer's final subdivision approval,or plan approval,this Agreement
shall,without further action on the par of any party hereto,terminate and be of no further
force or effect.
5. Breach:Enforcement ofRestrictions. Developer acknowledges that the purpose of this
agreement is to ensure compliance of the Project and Developer with Chapter 11,
Affordable Housing Policy,and the applicable riles and regulations. BY REASON
THEREOF,THE OWNER HEREBY AGREES,THAT ANY BREACH OF THE
AFFORDABILITY PROVISIONS,IF OPTION 2: SALE OF AFFORDABLE LOTS IS
REQUIRED,THE COUNTY AND ANY INDIVIDUAL WHO MEETS THE
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REQUIREMENTS OF AN INCOME ELIGIBLE BUYER SHALL BE ENTITLED,IN
ADDITION TO ALL OTHER REMEDIES PROVIDED BY LAW OR IN EQUITY,TO
ENFORCE SPECIFIC PERFORMANCE BY THE DEVELOPER UNDER THIS
AGREEMENT IN A COURT OF COMPETENT JURISDICTION. The Developer
hereby further specifically acknowledges that the beneficiaries of Developer's
obligations hereunder cannot be adequately compensated by monetary damages in the
event ofany default hereunder.
In the event the designated Affordable Lots are not sold at the Affordable Sale Price as
indicated in this agreement,the County shall have the right to:
i) require the Developer to remit to the County all proceeds above the delineated
Affordable Sale Price for the designated Affordable Lot(s),such proceeds will go
to the Affordable Housing Production Fund;or
ii) enforce specific performance ofthe sale of an unsold market finished lot at the
Affordable Sale Price to an Income Eligible Buyer following the procedures and
restrictions outlined by OHCD;or
iii) purchase from the Developer any unsold market finished lot,equivalent to the
designated Affordable Lot(s)that was not sold at the Affordable Sale,for a
purchase price of ONE AND N01100 DOLLARS($1.00).
6. Recordation.This Agreement shall run with the land and be binding upon and inure to the
benefit of the parties hereto,and their respective successors and assigns.This Agreement
shall be recorded against the land by the Developer at the BOC or with the Land Court of
the State of Hawaii as applicable,within thirty(30)days after being fully executed by
the parties.The parties agree to take such actions and execute whatever other documents
as are necessary to effectuate and carry out the intent of this Agreement.
7. Agreement Binding Upon Successors. This Agreement shall run with the land and be
binding upon and inure to the benefits parties hereto,their respective successors and
assigns. Any subsequent owner of all or any portion of the Project shall,without any
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further action being required,assume all obligations of the Developer hereunder.
S. Prior Agreements. This Agreement supersedes all other agreement and understandings
whether oral or written)made heretofore or contemporaneously herewith by the parties
on the subject matter hereof.The provisions ofthis Agreement may not be modified,
altered,or changed except by another written instrument executed by the parties hereto.
9. Entire Aeeeement.This Agreement constitutes the entire agreement between the parties
and integrates all of the terns and conditions mentioned herein or incidental hereto and
supersedes all negotiations or previous agreements between the parties regarding all or
my part of the subject matter thereof.Each party to this agreement acknowledges that no
representations, inducements,promises or agreements,orally or otherwise,have been
made by any party,or anyone acting on behalf ofthe party,which are not embodied
herein,and that any other agreement,statement,or promises not contained in this
Agreement shall not be valid or binding.This Agreement may only be amended by
written instrument signed by both the County and Owner.
10. Records Availability and Retention. Developer shall submit any information,documents,
or certifications requested by OHCD as deemed reasonably necessary to substantiate the
Developer's continuing compliance with the provisions this Agreement. Developer will
retain all records pertaining to the compliance of this Agreement for ten(10)years after
full release from this Agreement.
11. Severability.If any term,provision,or covenant of this Agreement is held by a court of
competentjurisdictions to be invalid void or otherwise unenforceable,the remaining
terms,provisions,and covenants ofthis Agreement shall remain in full force and effect
and shall in no way be affected, impaired,or invalidated.
12. Fair Housing.Notwithstanding anything else herein,the Developer agrees to comply
fully with the requirements of the Fair Housing Act as it may from time to time be
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amended.
13. Governing Law,The Agreement shall be governed and construed in accordance with the
laws of the State and County of Hawaii. No action or proceeding involving this
Agreement shall be commenced by either party except in the Circuit or District Courts of
the Third Circuit,County of Hawaii,State ofHawaii;nor shall any action commenced
in such court be removed or transferred to any other state or federal court.
14. Notices and Demands.
All notices to be given pursuant to this Agreement shall be in writing and shall be
deemed given when mailed by certified or registered mail,return receipt requested,to the
parties hereto at the addresses set forth below,or to such other place as a party may from
time to time designate in writing.
To the County:
Housing Administrator
Office ofHousing and Community Development
1990 Kino`ole Street,Suite 102
Hilo,Hawaii 96720
To the Developer:
RJL LLC
ATTN:Roland Higashi
32 Poko Place
Hilo,Hawaii 96720-2238
The OHCD andthe Developer may,by notice given hereunder,designate any further or
different address to which subsequent notices,certificates or other communications shall
be sent.
15. Ethical Considerations.
It is mutually agreed that as a condition of this Agreement,neither the Developer nor any
subcontract consultant shall employ in his performance any person,either on a part-time
or on a full-time basis,for the performance of any ofthe work required or contemplated
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by this Agreement who is an employee of the County ofHawaii during the period of this
Agreement without an advisory opinion from the County ofHawaii Board ofEthics
conning there is no conflict of interest with such employment.
16. No Party the Drafter. The parties agree that no party shall be deemed to be the drafter of
this Agreement,and further that in the event this Agreement is ever construed by a court
of law,such court shall not construe this Agreement or any provisions of this Agreement
against any party as the drafter of this Agreement.
17. Title of Articles and Sections.In this Agreement,the headings are inserted for
convenience,reference,and identification purposes only, and shall neither control,
define, limit,alter,nor affect the matters contained in this Agreement or the paragraphs
which they head.
18. Counteroarts.This instrument may be executed in two or more counterparts,and when all
counterparts have been executed,each counterpart shall be considered an original but
when assembled shall constitute one and the same instrument and shall have the same
force and effect as though all of the signatories had executed a single signature page.
Any unexecuted duplicate pages may be omitted from the assembled original document.
MiE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK.]
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IN WITNESS WHEREOF,the parties have executed these presents on the date and yea first
above written.
COUNTI"':
RECOMMEND APPROVAL: COUNTY OF HAWAPI
IQ4 7 BY s—
Kchaulani M.Costa
Housing Administrator Print Name: XUAMV.BPJLWNTE„Qt.
Office of Housing and
Community Development Its: Managing Director
Dated: 04 is 102-q Dated: JAN h 6 2025
APPROVED AS TO FORM DEVELOPER":
AND LEGALITY:RJL LLC
A Hawai`iiLLimited Liability company
S AWan 77
Deputy Corporation Counsel Print: ' uiyO
Office of the Corporation Counsel
County of Hawaii Its:
Dated: 03 a*-%x Dated: /-IA3/4-
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STATE OF HAWAPI
SS.
COUNTY OFHAWAI'I )
On this 6"day of January,2025,before me personally appeared WILLIAM V.
BRILHANTE,JR.,to me personally known,who,being by me duly sworn, did say that
WILLIAM V.BRE.HANTE,JR.,is the Managing Director of the County of Hawaii,a
municipal corporation ofthe State of Hawaii;that the foregoing instrument was signed on
behalfof the County of Hawaii by authority given to said Mayor of the County of Hawaii by
Section 5-1.3 and Section 13-13 of the County Charter,County of Hawaii(2024),as amended,
and assigned by the Mayor to the Managing Director pursuant to Section 6-1.3(h)of the County
Charter,and said WILLIAM V.BRILHANTE,JR.,acknowledged said instrument to be the free
act and deed ofsaid County of Hawaii.
Signature
Emarie M.M.Carvalho
Print or Type Name
Notary Public,State ofHawai'i
My Commission Expires: 6-14-25
NOTARY CERTIFICATION
Doc.
Date: 1-6-25 No.of Pages:26
Notary Third Circuit
Name: Emarie M.M.Carvalho
Affordable Housing
Doc.Description w:•
Agreement Re:TMK 24-039-025 A-.;.
N01-06-25
0.
Notary Signature Date
STATE OF HAWAFI
as.
COUNTY OF HAWAII
On this 13th day of December,2024,before me personally appeared Roland Higashi,
Member of RJL LLC,a Hawaii Limited Liability Company,to me personally known,who,
being by me duly sworn or affirmed, did say that such person(s)executed the foregoing
instrument as the free act and deed of such person(s),and if applicable in the capacity shown,
having been duly authorized to execute such instrument in such capacity.
i8lllitl/N
9ryy4: gs
e: Je rM. Kuaiii
i2-38TL1ss'
otary Public, State of Hawaii
My commission expires: December 9,2028
NOTARY CERTIFICATION
Dec. Date:Ltntl . a` No. of Pages;
Notary Name:Jennifer M.Kualii
Doc.Description: AFFORDABLE Circuit: Thud
HOUSING AGREEMENT SfR'Mr/
G4TAXMAPKEYNO.; 3 2-4-039:025
12-387
o tore p'vT``^ S,P
i//IlNiatll\\\
14-
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n ._uin s;t, STATE OF HAWAII
1rk BUREAU OF CONVEYANCESb. —•
3 RECORDEDZ
January 28,202212:44 PM
c"F.' Doc No(s)A-80630780
Doc 1 of 1 1W LESLIE T KOSATA
Pkg 11Bfi4663 KEO REOISTRAP
Conveyance Tax a13420
LAND COURT SYSTEM REGULAR SYSTEM
Return by Mail(X) Pickup ( ) To:
Nakamoto,Okamoto 8c Yamamoto(AMO)
187 Kapiolani Street
Hilo,Hawaii 96720
TITLE OF DOCUMENT:
CORRECTION AND CONFIRMATION DEED
PARTIES TO DOCUMENT:
Grantor:HILO ONE, INCORPORATED,a Hawaii corporation,whose address is
32 Poko Place,Hilo,Hawaii 96720;
Greatest R1L LLC,a Hawaii limited liability company,whose address is 32 Poko
Place,Hilo,Hawaii 96720.
Affects: TMK(3)2-4-039.026(Lot 1-13-1) This document contains l l pages.
TMK(3)2.4-039-025(Lot I-B-2A)
RILLLCV IM3 =20114Co ctwo Deed I
CORRECTION AND CONFIRMATION DEED
KNOW ALL MEN BY THESE PRESENTS:
WHEREAS,by Deed dated December 7,2021,and recorded in the Bureau of
Conveyances of the State of Hawaii as Document No.A-80120532,HILO ONE,
INCORPORATED,a Hawaii corporation,as Grantor,conveyed all of its right,title and interest
in the property designated as Tax Map Key No.(3)2-4-039-026,being Lot 1-B-1,Waiakea
Homesteads, Second Series,Waiakea,South Hilo, Island of Hawaii,Hawaii,to RJL LLC,a
Hawaii limited liability company,as Grantee;and
WHEREAS,it was intended that said Deed would convey the property designated as Tax
Map Key Nos.(3)2-4-039-025,being Lot I-B-2A,Waiakea Homesteads, Second Series,
Waiakea,South Hilo, Island of Hawaii, Hawaii;and
WHEREAS,since the wrong property was conveyed by said Deed,the Grantor and the
Grantee want to correct the conveyance as hereinafter set forth:
The Grantor and the Grantee mutually agree that in consideration of the foregoing,the
Grantor and the Grantee do hereby confirm the conveyance ofsaid real property bearing TMK
3)24-039-025,by the Deed dated December 7,2021 and recorded in the Bureau of
Conveyances ofthe State of Hawaii as Document No.A-80120532,wherein HILO ONE,
INCORPORATED,a Hawaii corporation,as Grantor,conveyed all of its right,title and interest
in the property to RJL LLC,a Hawaii limited liability company,as Grantee;
alLI.1.C11a31363...U=0116Cartttbniked 2
NOW THEREFORE,the Grantor and the Grantee confirm and grant their respective
interests as follows:
That HILO ONE,INCORPORATED,a Hawaii corporation,whose address is 32 Poko
Place,Hilo,Hawaii 96720,hereinafter called the Grantor,has sold and by these presents does
hereby bargain,sell,assign,convey and transfer unto R1L LLC,a Hawaii limited liability
company,whose address is 32 Poko Place,Hilo,Hawaii 96720,hereinafter called the Grantee,as
tenant in severalty,all of its right,title and interest in the property described in Exhibit A
attached hereto and by reference made a part hereof.
TOGETHER,with all and singular the improvements,tenements,rights,easements,
privileges,hereditaments and appurtenances thereunto belonging,or in anywise appertaining,
and the reversion and reversions,remainder and remainders,rents, issues and profits thereof.
TO HAVE AND TO HOLD the same unto the said Grantee,its successors and assigns,
forever.
And the said Grantor does hereby covenant to and with the said Grantee,its successors
and assigns,that it is seized in fee of the said granted premises;that it has good right and lawful
authority to sell and convey the same;that the same is free and clear of encumbrance ofevery
kind and character,save and except as noted on said Exhibit A;and that it will and its successors
and assigns shall WARRANT and DEFEND the title thereto against the lawful claims of all
persons whomsoever.
The parties hereto agree that this instrument may be executed in counterparts,each of which
shall be deemed an original,and said counterparts shall together constitute one and the same
conveyance,binding all of the parties hereto,notwithstanding all of the parties are not signatory to
a1L L1L 102 l63. VM 01 19 Carnrnm[*M 3
the original or same counterparts.For all purposes,including,without limitation,recordation,filing
and delivery ofthis instrument,duplicate unexecuted and unacknowledged pages of the
counterparts may be discarded and the remaining pages assembled as one document.
IN WITNESS WHEREOF,the Grantor and the Grantee have executed these presents on
the day of jAmAq 2022.
HILO ONE,INCORPORATED
By ROLAND HIGASHf
Its president
Grantor
RJL LLC
LAURIE HIGASHI
Its Member
Grantee
wuu 021153 4
STATEOFHAWAII
SS:
COUNTY OF HAWAII )
On this Irday ofh ,2022,before me personally appeared ROLAND
HIGASHI,
to me personally known,
OR J whose identity 1 proved on the basis of Hawaii Driver License
OR
whose identity I proved on the oath/affirmation of
a credible witness,
who,being by me duly mom or affirmed,did say that such person executed the
foregoing I I-page Correction Deed from Hilo One, Incorporated,to RJL LLC,affecting TMK
3)2-4-039-026,TMK(3)2-4-039-025,dated QVIUAwl 14.9022 ,as the free at and
deed ofsuch person and if applicable in the capacity shown,having been duly authorized to
execute such instrument in such capacity.
g.WU
lry tetYSignature)N..........
Y :
o
TASHAS.HAIMOTO-LEITESeal) NOTARY 't`
a Print Notary Name:
PUBLIC NotaryPublic,State of Hawaii
rim.No. :? Third Judicial Circuit
sj,• r%sH i My commission expires:nlS cal
OP'HPr`,s.
wtra.cumisur..uauoi ucomno.m 5
STATE OF HAWAII
SS:
COUNTY OF HAWAII )
On this_1!A day of 2022,before me personally appeared LAURIE
HIGASHI,
to me personally known,
OR J whose identity I proved on the basis of Hawaii Driver License
OR
whose identity 1 proved on the oathfaffindation of
a credible witness,
who,being by me duly sworn or affirmed,did say that such person executed the
foregoing I 1-page Correction Deed from Hilo One, Incorporated,to RJL LLC,affecting TMK
3)2.4-039-026,TMK(3)24-039-025,dated VVWAM ROM ,as the free act and
deed of such person and if applicable in the capacity shown,having been duly authorized to
execute such in`s"inint in such capacity.
4 :................ ;RY Signature)
Seal) j PUBLIC t _ Print tTASHA S.HAIMOTO-LEITEPrintNotaryName:
Notary Public,State of Hawaii
tom° , p Third Judicial Circuit 1"
gTFCF..... My commission expires:012021tk
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ML LL (2130..11022 0114 Ccnemim Deed 6
EXHIBIT A
LOT 1-B-2A
Being A Portion of Grant 11,042 to K1kum,Hige Mastic,
Waiakea Homesteads,Sawnd Series
hated at Waukea.South Hilo.island of Hawall,Hawaii
Beginning at the nughwest mmar of this parcot of land, being the northeast
comer of Lot 1.8.1, being also a portion of Grant 11.642 to K1kum1 Hills Maedo and on
the south side of Hairs,Street, the 000roinstos o1 sad point of beginning refemid to
Government Survey Trlanguiaton Staten 'HALAr being 16.040.81 feet South and
387.85 feet East-thcrlco running by az;muths measured ciockvese from True South
1. 265' 40' 93078 feet along Me south side of Hagen Street;
2. 28` 58' 11149 feet along the westerly side of Ainaola Dnw
3. 119' 41' 9240 feet along Camp 5-A,
4 29' 41' 49960 feet along Camp 5-A'
5 299' 41' IM 39 feet along Camp 5-A;
6 29' 14' 69' 6DA2 feet along the westerly side of Ainaola Dflw.
7 29- 41' 385.07 feet along the vruslarty side of Amaota Drive.
8. 299' 41'5.00 feel along a fog in Anaola Dnw:
9. 29' 41' 38.43 fuel along Die westerly side of Amao;a Dnw,
10 120" 51' 23.28 feel along Lower Waiakea-Uka Tank Site:
11 32" 02' 27.14 foot along Lover Wmakea-Uka Tank She;
12. 122' 02' 50.00 feet along Triangulation Station"TANK'Let;
13 32' 02' 5000 feel along TnargWaton Station"TANK'f.et;
LOT 1-S-2A
Pane 1 of 4 Pages
aL LLNe21361...Ulln0114 coaaton pad 7
14 122' 02' 217.20 feet along a portion of Gram 11,642 to
Ktkuml Higa Maedo;
15. 32' 02' 190.01 feel along a portion of Grant 11.642 to
Wkumi Higa Maedo:
16. 85' 49 297.86 feel along Lot 1-A,a portion of Grant 11,642
to Kikumi Higa Maedo;
17. 175• 40' 151.61 foot along Lot 1-8-i;
18. 265' 40' 60.87 feel along Lot 1.8.1:
19. 175' 40' 99.60 feet along Lot 1-B-1;
20. 265' 40' 161.70 foot along Lot 1-8.1;
21. 175' 49 144.25 feet along Lot 1-8-1.
22. 265' 40' 113.50 feet along Lot 1-8-1 and Road Lot;
23. 175' 40' 5000 feet along Road Lot:
24. 265' 40' 1090 feet along Lot l-B-1;
26. Thence along Lot 1.8-1.along a uurve to the right vdth a radius of 475.00 feet
the chord azknuth and distance being:
25T 09' 57.72 feet;
27. 182' 38' 110.32 feet along Lot 1-8-1;
28. 175" 40' 195,30 feel along Lot 1-8-1;
27. 85' 40' 58.90 feet along Lot 1-BA;
28. 175° 40' 21300 feet along Lot 1•B-1 to the point of beginning
and containing an area of 13.038 Acres,
more or lesa.
LOT 1.8.2A
Page 2 of 4Pages
JUL LL 021363...p02201 14 Cmrs on Dc 8
SUBJECT TO.a 5-h.wide setback for future road widening alone Ainaola Drive as
described in or disclosed by the instrument recorded July 7,2011 as
Regular System Document No.2011-106466.
RESERVING,EASEMENT D 1 (1541 wide for drainage purposes),being described asfollows:
Beginning at the northwest corner of this easement parcel,the coordinates of
said point of beginning rationed to Government Survey Triangulation Station'HALAP'
being 16.203.34 tool South and 370.17 feet East,thence running by azimuths
measured clockwise from True South:
1. 265' 40' 83.60 feet along the remainder of Lot 1-B-2A:
2. 355' 40' 15.00 feet along the remainder of Lot 1-B-2A;
3. 85' 40' 83,50 feet along the remainder of Lot 1-B-2A:
4. 175 40' 15.00 feel along Lot 1.8.1 to the point of beginning
and containing an area of 1.253 Square Feet.
more or less.
RESERVING ALSO, THEREFROM, Easement D-2(16.6. wide for drainage purposes),
being described as follows:
Beginning at the southwest comer of this easement parcel,being the southeast
carrier of Lot 1-8-1, a portion of Grant 11.642 to Kikumi Higa Maeda and on northerly
boundary of Lot 1-A, a portion of Gram 11,842 to Kikumi Higa Maeda,the coordinates
of said point of beginning referred to Government Survey Triangulation Station'HALAI-
being 17.024.96 feet South and 82.33 feet East.thence running by azimuths measured
clockwise from Two South:
1. 175- 40' 15.00 feet along Lot 1-8-1:
2. 265' 40' 17.00 feet along the remainder of Lot 1-8-2A:
3. 355' 49 16.00 feet along the romaindor of Lot 1.6-2A;
LOT 1-B-2A
Page 3 of 4 Pages
RIL UM021363_=0114 cmrt4.Ottd 9
4. 85' 40' 17.00 feet along Lot 1-A.a portion of Grant 11.642
to Kikumi Hnga Maedo to the point of
beginning and containing an area of
255 Square Feet,more or less.
AND RESERVING.ALSO.Easement W-1 (15.9.wide for waterline purposes).being
described as follows:
Beginning at the northwest corner of this easement parcel,the coordinates of
said point of beginning referred to Gomminanl Survey Triangulation Station'HALAI'
being 16.613.81 feet South and 274.38 feet East,thence running by azimuths
measured clockwise from Two South:
1. 255" 4V 15.00 feet along Lot 1-15-1;
2. 355' 40' 1500 feel along the remainder of Lot 1-8-2A;
3. 86' 40' 15.00 feet along the remainder or Lot 1-8-2A;
4. 175' 40' 15A0 feet along Lot i-B-1,a portion of Grant 11.642
to 10kumi Hill Meade to the point of beginning
and containing an area of 225 Square Feet.
more or less.
INAyA ENGINEERING.INC.
reor+rmiuL
273 Waianuenue Ave, a
tM+81E1'a1 • Alan Z Ina
Hilo.Hamad 96720 IYim Licensed fissional Land Surveyor
October S.2021 Cen{ficale No.5626h41e06u0l- License Expires,April 30.2022
Tax Map Key;31 DIV.2.4-039:025
LOT 1-B-2A
Page 4 of 4Pages
r q12` c' -4Alo; s.M."
IULLLC110IXI..U=0114Comcticnead 10
e
Being a portion of the premises conveyed to HILO ONE, INCORPORATED,a Hawaii
corporation,as tenant in severalty,by Deed from SONOMURA RENTALS,LLC,a Hawaii
limited liability company,dated February 20,2018,recorded in the Bureau of Conveyances in
the State of Hawaii as Document No.A-66280050.
Being all ofthe premises described as"Lot I-B-2A"in Affidavit ofSurveyor datedDecember2,2021, recorded in said Bureau of Conveyances as Document No.A-4047d992
SUBJECT FURTHER, HOWEVER,TO THE FOLLOWING:
I. Terms,provisions,reservations,covenants,conditions and restrictions,but
deleting any Of the aforementioned indicating a preference,limitation or discrimination based on
race,color,religion,sex,handicap,familial status,national origin,sexual orientation,marital
status,ancestry,source of income or disability,to the extent such covenants,conditions or
restrictions violate Title 42,Section 3604(c),ofthe United States Codes or Chapter 515 of the
Hawaii Revised Statutes,as contained in the Lend Patent Grant No. 11,642,dated October 15,1948.
2. Any lien,or right to a lien,for services,labor or material theretofore or hereafter
furnished,imposed by law and not shown by the public records.
b
3. Easements,claims ofeasement or encumbrances which are not shown by the
public records.
4. Terms,provisions,reservations,covenants,conditions and restrictions as set forth
by Declaration ofRestricrive Covenants jar Waiakea Nani Estates made by Hilo One,
Incorporated,a domestic corporation,on November 16,2021,recorded in the Bureau of
Conveyances in the State of Hawaii as Document No.A-79911387.
5. Amended Purchase Money Mortgage dated Aeceatbar-G 2021 from RJL
LLC,a Hawaii limited liability company,to HILO ONE,INCORPORATED,a Hawaii
corporation,being recorded simultaneously with this Deed.
END OF EXHIBIT A
1uLLrtl2a21363 n0210114C"fWL4M t1