Bill
Bill > SCR221
HI SCR221
HI SCR221Urging The Department Of Hawaiian Home Lands To Repeal, Revoke, Or Buy Out The Remainder Of The Lease Of The Prince Kuhio Plaza And Resell That Lease At Fair Market Value To A New Entity That Agrees To Properly Maintain The Property.
summary
Introduced
03/07/2025
03/07/2025
In Committee
03/12/2025
03/12/2025
Crossed Over
Passed
Dead
Introduced Session
2025 Regular Session
Bill Summary
RESOLUTION URGING THE DEPARTMENT OF HAWAIIAN HOME LANDS TO REPEAL, REVOKE, OR BUY OUT THE REMAINDER OF THE LEASE OF THE Prince Kuhio Plaza AND RESELL THAT LEASE AT FAIR MARKET VALUE TO A NEW ENTITY THAT AGREES TO PROPERLY MAINTAIN THE property.
AI Summary
This concurrent resolution urges the Department of Hawaiian Home Lands (DHHL), which owns the property at 111 East Puainako Street in Hilo, to take action regarding the Prince Kuhio Plaza, the largest enclosed mall on Hawaii Island. The resolution highlights that the current lessee, Ho Retail Properties I, Ltd., has failed to properly maintain the property, leading to significant deterioration, persistent leaks, structural concerns, and multiple store vacancies that negatively impact local commerce and employment. The poor property condition undermines DHHL's mission to manage assets for Native Hawaiian beneficiaries and potentially reduces leasing revenue. To address these issues, the resolution calls on DHHL to either repeal, revoke, or buy out the remainder of the current lease and then resell it at fair market value to a new entity that commits to proper maintenance and economic revitalization. The resolution also directs that a certified copy be transmitted to the Chairperson of the Hawaiian Homes Commission.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
Referred to HWN, WAM. (on 03/12/2025)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SCR&billnumber=221&year=2025 |
| BillText | https://www.capitol.hawaii.gov/sessions/session2025/bills/SCR221_.HTM |
Loading...