STAND. COM. REP. NO. 534

                                   Honolulu, Hawaii
                                                     , 1999

                                   RE:  S.R. No. 3
                                        S.D. 1




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

Sir:

     Your Committee on Ways and Means, to which was referred S.R.
No. 3 entitled:

     "SENATE RESOLUTION SUPPORTING APPROVAL OF THE FORD ISLAND
     DEVELOPMENT PROJECT BY THE U.S. CONGRESS,"

begs leave to report as follows:

     The purpose of this resolution is to express support for the
approval of the Ford Island Development Project by the United
States Congress.

     Your Committee received testimony in favor of this measure
from the Chamber of Commerce of Hawaii and the Hawaii Business
Roundtable.

     Your Committee finds that the Ford Island Development
Project involves a $600,000,000 construction plan to completely
renovate facilities on Ford Island to include family housing
units, operational facilities, bachelor quarters, a conference
center, and a Navy Square complex.  Your Committee finds that
this joint private-public funding venture, which will cover a
construction period of approximately twelve years, will provide a
significant boost to Hawaii's construction industry and overall
state economy.

     Your Committee supports the intent of this resolution and
finds that approval for the project should be obtained from the

 
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United States Congress with all possible speed, in order to allow
the Navy to begin work on the project in the year 2000.  Upon
further consideration, your Committee has amended this resolution
to make technical, nonsubstantive changes.

     As affirmed by the record of votes of the members of your
Committee on Ways and Means that is attached to this report, your
Committee concurs with the intent and purpose of S.R. No. 3, as
amended herein, and recommends its adoption in the form attached
hereto as S.R. No. 3, S.D. 1.

                                 Respectfully submitted on behalf
                                 of the members of the Committee
                                 on Ways and Means,



                                 ________________________________
                                 CAROL FUKUNAGA, Co-Chair



                                 ________________________________
                                 ANDREW LEVIN, Co-Chair

 
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