STAND. COM. REP. NO. 1991

                                 Honolulu, Hawaii
                                                   , 1999

                                 RE: S.C.R. No. 195
                                     




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

Sir:

     Your Committee on Finance, to which was referred S.C.R. No.
195, entitled: 

     "SENATE CONCURRENT RESOLUTION AUTHORIZING THE LEASE OF BOTH
     FAST AND SUBMERGED LANDS AT KEAUHOU, NORTH KONA, ON THE
     ISLAND OF HAWAII TO A PRIVATE ENTITY FOR MAINTENANCE
     PURPOSES,"

begs leave to report as follows:

     The purpose of this concurrent resolution is to authorize
the lease of both fast and submerged lands at Keauhou, North
Kona, on the island of Hawaii to a private entity for maintenance
purposes.

     As affirmed by the record of votes of the members of your
Committee on Finance that is attached to this report, your
Committee concurs with the intent and purpose of S.C.R. No. 195,
and recommends its adoption.

                                   Respectfully submitted on
                                   behalf of the members of the
                                   Committee on Finance,



                                   ______________________________
                                   DWIGHT Y. TAKAMINE, Chair