OHA Board Actions | July 2017

Motion to approve Administration’s recommendation on Action item BAE #17-04 Misti Pali-Oril, to serve as the OHA representative on the Native Hawaiian revolving Loan Fund (NHRLF) Board of Directors.

Motion passes with eight AYES and one EXCUSED.

Motion to approve SOQ no. RM 2017-35, requesting statements of Qualifications for auditing services, in order to procure an independent auditor to conduct the audit authorized by the Board of Trustees through action item RM #17-02.

Motion passes with eight AYES and one EXCUSED.

Motion to approve an OHA resolution for trustee Moanikeʻala Akaka.

Motion passes with eight AYES and one EXCUSED.

Motion to approve a Board of Trustees policy amendment to the Kakaako Makai Policy, section 3.A.2), originally adopted on september 20, 2012, to state (new language is bold and underscored):

Allocate 10% of gross revenue for grants and 30% of net revenue for OHA’s Legacy Property Management (net revenue equals gross revenue minus direct operating expenses, excluding Kakaʻako Makai planning and development-related costs) (*the 30% allocation of net revenues to LPM shall terminate at the end of fy 2019)

Motion passes with eight AYES and one EXCUSED.

Motion that the Board of Trustees approves and recommends the total Operating Budget for the Fiscal Biennium Periods 2017-2018 (FY18) and 2018-2019 (FY19) as outlined in Attachment #1

Motion passes with eight AYES and one ABSTENTION.