Board of Trustees reconvenes from executive session on commercial real estate leases; no action, then adjourns

The Board of Trustees reconvened in open session after an executive session in which members discussed commercial real estate leasing terms under Hawaii Revised Statutes §92-4(a)(4) and reported there were no items that required board approval. The board then voted to adjourn.

The board said the executive-session discussion concerned its commercial real estate leasing terms and was held pursuant to HRS §92-4(a)(4), the statute authorizing closed sessions for consultations on certain real property matters. A speaker in open session said there were no action items that needed board approval and that any items requiring formal approval would be placed on a future ILM agenda meeting.

Trustee Chelsea Lindsey made a motion to adjourn that Trustee Chelsea Wahei seconded. Chair Souza called for a roll-call vote; Trustee O'Kuno recorded an "aye," other trustees recorded affirmative responses during the roll call, and the chair announced the motion passed and adjourned the meeting.

No ordinances, resolutions, contracts, appointments, or budget actions were taken during the session. The board did not establish any formal direction or assignments on leasing terms during the open portion recorded in the transcript; the transcript indicates follow-up items that need board approval will be scheduled for a future ILM agenda meeting.

Meeting minutes or future agenda materials are the appropriate place to check for any subsequent formal actions if and when the board places leasing terms or related approvals on a public agenda.