Ka Wai Ola

The following actions were taken by the Office of Hawaiian Affairs Board of Trustees, and are summarized here. For more information on board actions, please see the complete meeting minutes posted online at www.oha.org/BOT.

August 22, 2019

Motion to move to approve :

Trustee Kalei Akaka moves to approve Ms. Liane Khim and Mr. Alvin Tanaka, both as Island of Oʻahu representatives, on the NHRLF Board of Directors.

Trustee Dan Ahuna seconds the motion.

Motion passes with six AYES and three excused.

Ahu Isa Ahuna Akana Akina Lee H. Lindsey R. Lindsey Machado Waiheʻe
Excused ʻAe ʻAe Excused ʻAe ʻAe ʻAe ʻAe Excused

Motion to move to approve :

Trustee Kalei Akaka moves to approve Administration’s recommendations on:

  • OHA FED 4: S. 126 / H.R. 558;
  • OHA FED 5: S. 1413 / H.R. 3588;
  • OHA FED 6: S. 2165 / H.R. 3846;
  • OHA FED 7: S. 2191; and
  • OHA FED 8: S. 2037; all as SUPPORT,

while excluding OHA FED 3: S. 804 / H.R. 1806 from the vote, on the Federal Legislative Matrix dated 08/21/19.

Trustee Dan Ahuna seconds the motion.

Motion passes with six AYES and three excused.

Ahu Isa Ahuna Akana Akina Lee H. Lindsey R. Lindsey Machado Waiheʻe
Excused ʻAe ʻAe Excused ʻAe ʻAe ʻAe ʻAe Excused

Motion to move to approve :

Trustee Dan Ahuna moves to approve of a Board of Trustees (BOT) Policy Second Amendment to the Kakaʻako Makai Policy, Section 3.A.2, originally adopted on September 20, 2012, and amended on August 1, 2017, to state:

Allocate 20% of gross revenue for grants and 50% of net revenue for OHA Legacy Land Program (net revenue equals gross revenue minus direct operating expenses, excluding Kakaʻako Makai planning and development-related costs) (*The 50% allocation of net revenues to LLP shall terminate at the end of FY 2021)

Trustee Carmen Hulu Lindsey seconds the motion.

Motion passes with six AYES and three excused

Ahu Isa Ahuna Akana Akina Lee H. Lindsey R. Lindsey Machado Waiheʻe
Excused ʻAe ʻAe Excused ʻAe ʻAe ʻAe ʻAe Excused

Motion to move to approve :

Trustee Dan Ahuna moves to

  1. Approve the selection of the Habitat for Humanity Maui organization to distribute the previously approved $35,000 of emergency disaster relief for Kauaʻula Maui; and
  2. Authorize and approve the transfer and use of funds available in OHA’s FY20 Core Operating Budget and needs to be reallocated from Program 2100-CEO, Object Code 57110-Fee for Service to Program 3800-Grants, Object Code 56530-Grants in Aid.

Trustee Carmen Hulu Lindsey seconds the motion.

Motion passes with six AYES and three excused.

Ahu Isa Ahuna Akana Akina Lee H. Lindsey R. Lindsey Machado Waiheʻe
Excused ʻAe ʻAe Excused ʻAe ʻAe ʻAe ʻAe Excused

Motion to move to approve :

Trustee Dan Ahuna moves to approve the private placement investment in Kalona Brand Company LLC, in an amount not to exceed $2.7MM, from the Hawaii Direct Investment (HDI) portfolio.

Trustee Brendon Kaleiʻāina Lee second the vote.

Motion fails with four AYES, three No votes, and two excused.

Ahu Isa Ahuna Akana Akina Lee H. Lindsey R. Lindsey Machado Waiheʻe
Excused ʻAe Aʻole Aʻole ʻAe Aʻole ʻAe ʻAe Excused

Motion to move to approve :

Trustee Brendon Kaleiʻāina Lee moves to extend the time for the Permitted Interaction Group, approved on May 30, 2019, to investigate the alignment and update of the existing Board of Trustees By-Laws for OHA’s Board Governance Framework from July 31, 2019 to no later than September 30, 2019.

Trustee Carmen Hulu Lindsey seconds the motion.

Motion passes with seven AYES and two excused.

Ahu Isa Ahuna Akana Akina Lee H. Lindsey R. Lindsey Machado Waiheʻe
Excused ʻAe ʻAe ʻAe ʻAe ʻAe ʻAe ʻAe Excused
September 5, 2019

Motion to move to approve :

Trustee Dan Ahuna moves to approve of a Board of Trustees (BOT) Policy Second Amendment to the Kakaʻako Makai Policy, Section 3.A.2, originally adopted on September 20, 2012, and amended on August 1, 2017, to state:

Allocate 20% of gross revenue for grants and 50% of net revenue for OHA Legacy Land Program (net revenue equals gross revenue minus direct operating expenses, excluding Kakaʻako Makai planning and development-related costs) (*The 50% allocation of net revenues to LLP shall terminate at the end of FY 2021)

Trustee John Waiheʻe IV seconds the motion.

Motion passes with seven AYES and two excused.

Ahu Isa Ahuna Akana Akina Lee H. Lindsey R. Lindsey Machado Waiheʻe
Excused ʻAe ʻAe ʻAe Excused ʻAe ʻAe ʻAe ʻAe

Motion to move to approve :

Trustee Dan Ahuna moves to approve the amendments to the Native Hawaiian Trust Fund Investment Policy Statement as described in Exhibit A.

Trustee John Waiheʻe IV seconds the motion.

Motion passes with seven AYES and two excused.

Ahu Isa Ahuna Akana Akina Lee H. Lindsey R. Lindsey Machado Waiheʻe
Excused ʻAe ʻAe ʻAe Excused ʻAe ʻAe ʻAe ʻAe

Motion to move to approve :

Trustee Dan Ahuna moves to approve Administrations’ recommendations to the Board of Trustees (BOT):

  1. Approve the new Fiscal Stabilization Policy, including Withdrawal Guidelines as detailed in Attachment A; and
  2. Eliminate the Fiscal Reserve Withdrawal Guidelines contained within the Native Hawaiian Trust Fund Spending Policy as detailed in Attachment B.

Trustee John Waiheʻe IV seconds the motion.

Motion passes with eight AYES and one excused.

Ahu Isa Ahuna Akana Akina Lee H. Lindsey R. Lindsey Machado Waiheʻe
Excused ʻAe ʻAe ʻAe ʻAe ʻAe ʻAe ʻAe ʻAe