Title
KA HALE A KE OLA WESTSIDE SHELTER (HHT-20)
Description
The Committee is in receipt of the following:
1. County Communication 17-288, from Councilmember Stacy Crivello, relating to the Ka Hale A Ke Ola Westside Shelter.
2. Correspondence dated February 7, 2018, from the Department of the Corporation Counsel, transmitting a revised proposed resolution entitled “AUTHORIZING REPAYMENT PLAN IN SETTLEMENT OF KA HALE A KE OLA HOMELESS RESOURCE CENTERS, INC.’S OUTSTANDING DEBT RELATED TO THE CONSTRUCTION OF THE KHAKO WESTSIDE FACILITY.” The purpose of the revised proposed resolution is to structure a repayment schedule of the $4,005,000 principal loan amount for the construction of KHAKO Westside Shelter plus all accrued interest to date. The repayment to the County shall be in quarterly installments of $25,000; additionally, no further interest shall accrue on the outstanding debt.
Status
The Committee may consider whether to recommend adoption of the revised proposed resolution, with or without further revisions. The Committee may also consider the filing of County Communication 17-288 and other related action.