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HCDA updates leasing policy; short‑term leases to be administratively approved
Summary
The Hawaiʻi Community Development Authority updated its leasing policy to distinguish long‑term leases (over five years) from interim use agreements under five years, permit administrative approval of short agreements and clarify processes for solicited and unsolicited proposals.
The Hawaiʻi Community Development Authority on Dec. 3 adopted a revised leasing policy that clarifies procedures for solicited and unsolicited offers to lease or develop HCDA‑owned land and establishes administrative authority for short‑term agreements.
“The last time we came to the board for something like this was all the way back in 2018,” Asset Manager Lindsey Doi told the board, summarizing reasons for an update after HCDA acquired…
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