Frequently Asked Questions
- There is a rumor circulating that Haseko plans to turn the Kuapapa Preserve into a residential development. Is this true?
- Will the Hoakalei Resort Community Association be partially responsible for maintaining the lagoon, resulting in an increase in association dues?
- What will the HRCA fee cover?
- Are Hoakalei homeowners currently paying to fund Haseko’s vision for a recreational lagoon with resort and commercial offerings?
- Is Haseko moving forward with the commercial development of Hoakalei?
- Why can’t Hoakalei residents access the paved roads and sidewalks beyond the guard shack on Keone‘ula Boulevard?
- How many seats are on the HRCA Board and what is the member mix?
- Will there be a charge for the lagoon usage?
- Is the lagoon currently open to the public?
- What is Wai Kai Hale Club?
- What assurance do homeowners have that their obligation is limited to 30% of HRCA common area expenses?
Hoakalei Homeowners’ share is estimated to be 30% of the total HRCA budget. Homeowners currently pay $36/month to HRCA – and that amount has remained unchanged since the start of Hoakalei in 2008. Haseko estimates that the monthly HRCA fee will be about $50/month plus inflation at full-build-out.
Commercial/Resort members of HRCA will pay 70% of HRCA expenses. Commercial businesses will also pay for maintenance of the public pathway on their property that is NOT owned by HRCA.
To date, Hoakalei Homeowners have not paid anything towards maintenance of the lagoon, and will not pay anything until after the lagoon has been turned over to the HRCA.
HRCA fees also cover less visible items such as drainage structures, retaining walls, and insurance that only benefit Hoakalei residents as part of the community’s required infrastructure. In the future, once development is complete and ownership of the lagoon and other amenities are turned over to HRCA, the cost to maintain those will be included in the monthly HRCA fee.
The lagoon and related amenities that HRCA fees will cover in the future will benefit Hoakalei homeowners by attracting the resort/retail components that residents are understandably eager to see come to Hoakalei. Being a part of a dynamic community also can enhance property values for Hoakalei homeowners, and provide them with easier, more convenient access to all amenities since they live much closer to them than non-residents.
The HRCA Board is currently comprised of developer seats and will eventually transition to a mix of homeowners and other classes of members such as resort and commercial when the project is completed.
- A. General Classification
- B. Minimum Total Number of Assessable Separate Interests per General Classification
- C. Equivalent Units Per Separate Interest
- D. Total Minimum Equivalent Units Per General Classification