CONFERENCE COMMITTEE REPORT NO. 174

                            Honolulu, Hawaii
                                            , 1999

                            RE:   H.B. No. 1594
                                  H.D. 1
                                  S.D. 1
                                  C.D. 1




Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twentieth State Legislature
Regular Session of 1999
State of Hawaii

Honorable Norman Mizuguchi
President of the Senate
Twentieth State Legislature
Regular Session of 1999
State of Hawaii

Sir:

     Your Committee on Conference on the disagreeing vote of the
House of Representatives to the amendments proposed by the Senate
in H.B. No. 1594, H.D. 1, S.D. 1, entitled:

    "A BILL FOR AN ACT RELATING TO THE ISSUANCE OF SPECIAL
    PURPOSE REVENUE BONDS FOR AN INTERGENERATIONAL CARE CENTER AT
    EWA VILLAGES,"

having met, and after full and free discussion, has agreed to
recommend and does recommend to the respective Houses the final
passage of this bill in an amended form.

     The purpose of this bill is to authorize the issuance of
special purpose revenue bonds to assist the EV Community
Development Corporation in financing the development and
construction of an intergenerational care center at Kulana
Malama, Ewa Villages.

     Your Committee on Conference has amended this measure by:

     (1) Changing the appropriation in section 2 to $15,000,000;


 
 
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     (2) Providing that the bonds may also be used for the
         acquisition of the center; and

     (3) Providing that the bonds may be used for refinancing the
         costs of acquisition, development and construction of
         the center.

     Your Committee on Conference is in accord with the intent
and purpose of H.B. No. 1594, H.D. 1, S.D. 1, as amended herein,
and recommends that it pass Final Reading in the form attached
hereto as H.B. No. 1594, H.D. 1, S.D. 1, C.D. 1.

                                   Respectfully submitted,

MANAGERS ON THE PART OF THE        MANAGERS ON THE PART OF THE
           SENATE                              HOUSE
                                   
                                   
                                   
______________________________     ______________________________
SUZANNE CHUN OAKLAND, Co-Chair     ALEXANDER C. SANTIAGO, Co-Chair
                                   
                                   
                                   
______________________________     ______________________________
CAROL FUKUNAGA, Co-Chair           BERTHA C. KAWAKAMI, Co-Chair
                                   
                                   
                                   
______________________________     ______________________________
ANDREW LEVIN, Co-Chair             MICHAEL PUAMAMO KAHIKINA,
                                   Member
                                   
                                   
                                   
______________________________     ______________________________
WHITNEY T. ANDERSON, Member        GALEN FOX, Member