Bill Text: HI HCR31 | 2010 | Regular Session | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Approving the Sale of the Fee Interest in 2949 Ala Ilima Street #201, Honolulu, Hawaii

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Passed) 2010-04-28 - (S) Received notice of Final Adoption from House (Hse. Com. No. 633). [HCR31 Detail]

Download: Hawaii-2010-HCR31-Introduced.html

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HOUSE OF REPRESENTATIVES	H.C.R. NO.	31
TWENTY-FIFTH LEGISLATURE, 2010
STATE OF HAWAII

HOUSE CONCURRENT

RESOLUTION

 

 

APPROVING THE SALE OF THE FEE INTEREST IN 2949 ALA ILIMA STREET #201, HONOLULU, HAWAII.

 

 

 

WHEREAS, Act 176, Session Laws of Hawaii 2009, requires the prior approval of the Legislature by concurrent resolution to sell certain state land in fee simple; and

 

WHEREAS, the Hawaii Housing Finance and Development Corporation (the "Corporation") desires to sell the fee interest in 2949 Ala Ilima Street #201, Honolulu, Hawaii, TMK No. 1-1-1-61-2-0001, to its current leasehold owner, Mr. Brian Yamasaki (the "lessee"); and

 

WHEREAS, the fee interest in this property was appraised on September 1, 2009, by Harlin Young & Co. to have a fair market value of $53,600; and

 

WHEREAS, pursuant to a negotiation between the Corporation and the lessee, the parties agreed upon a sales price of $53,600; and

 

WHEREAS, pursuant to the requirements of Act 176, Session Laws of Hawaii 2009, the Corporation did duly conduct a public informational briefing on the sale of this property on November 4, 2009, at the Aliamanu Middle School Dining Room, Honolulu, Hawaii; and

 

WHEREAS, the Corporation did not receive any objection to the proposed sale of the fee interest in this property at the public informational briefing nor at any other time; now, therefore,

 

BE IT RESOLVED by the House of Representatives of the Twenty-fifth Legislature of the State of Hawaii, Regular Session of 2010, the Senate concurring, that the sale of the fee interest in the subject property to the lessee is approved; and

 

BE IT FURTHER RESOLVED that a certified copy of this Concurrent Resolution be transmitted to the Executive Director of the Hawaii Housing Finance and Development Corporation.

 

 

 

	OFFERED BY:	_____________________________
		BY REQUEST

Report Title: 

Approving The Sale Of The Fee Interest In 2949 Ala Ilima Street #201, Honolulu, Hawaii