Bill Text: HI SCR51 | 2010 | Regular Session | Introduced

Hawaii Senate Concurrent Resolution 51 (Prior Session Legislation)

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Bill Title: Approving The Fee Simple Sale Of 91-1072 Welowelo Street, Kapolei, Hawaii

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Engrossed - Dead) 2010-04-12 - (H) Referred to WLO, FIN, referral sheet 66 [SCR51 Detail]

Download: Hawaii-2010-SCR51-Introduced.html

THE SENATE	S.C.R. NO.	51
TWENTY-FIFTH LEGISLATURE, 2010
STATE OF HAWAII

SENATE CONCURRENT

RESOLUTION

APPROVING THE FEE SIMPLE SALE OF 91-1072 WELOWELO STREET, KAPOLEI, 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 in fee simple a single family residence located at 91-1072 Welowelo Street, Kapolei, Hawaii, TMK No. 1-9-1-81-61; and

WHEREAS, the Corporation obtained this property through exercise of its rights under its deferred sales price restriction placed on homes developed with the assistance of the chapter 201H, Hawaii Revised Statutes, expedited development process; and

WHEREAS, the Corporation intends to resell this property to a qualified resident as defined in section 201H-32, Hawaii Revised Statutes; and

WHEREAS, this property was appraised on December 13, 2009 by Uyetake Uyetake & Associates to have a fair market value of $425,000; 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 October 22, 2009, at Villages of Kapolei Association Recreational Center, Kapolei, Hawaii; and

WHEREAS, the Corporation did not receive any objection to the proposed sale of this property to a qualified resident as defined in section 201H-32, Hawaii Revised Statutes at the October 22, 2009, public informational briefing nor at any other time; now, therefore,

BE IT RESOLVED by the Senate of the Twenty-fifth Legislature of the State of Hawaii, Regular Session of 2010, the House of Representatives concurring, that the fee simple sale of 91-1072 Welowelo Street, Kapolei, Hawaii, TMK No. 1-9-1-81-61, to a qualified resident as defined in section 201H-32, Hawaii Revised Statutes, 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.