REPORT TITLE:
Kalihi Valley St Park GO Bonds


DESCRIPTION:
Authorizes the issuance of general obligation bonds for
$2,000,000 for FY 1999-2000 and FY 2000-2001 for design and
construction of the Kalihi Valley State Park.

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
                                            815         
HOUSE OF REPRESENTATIVES                H.B. NO.           
TWENTIETH LEGISLATURE, 1999                                
STATE OF HAWAII                                            
                                                             
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                   A  BILL  FOR  AN  ACT

AUTHORIZING THE ISSUANCE OF GENERAL OBLIGATION BONDS AND MAKING
   AN APPROPRIATION FOR DESIGN AND CONSTRUCTION OF THE KALIHI
   VALLEY STATE PARK.


BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

 1      SECTION 1.  The director of finance is authorized to issue
 
 2 general obligation bonds in the sum of $2,000,000, or so much
 
 3 thereof as may be necessary, and the same sum, or so much thereof
 
 4 as may be necessary, is appropriated for fiscal years 1999-2000,
 
 5 and 2000-2001, for the design and construction project for the
 
 6 Kalihi Valley State Park, Oahu.
 
 7      SECTION 2.  The appropriations made for capital improvement
 
 8 projects authorized in this Act shall not lapse at the end of the
 
 9 fiscal biennium for which the appropriation is made; provided
 
10 that all appropriations which are unencumbered as of June 30,
 
11 2002, shall lapse as of that date.
 
12      SECTION 3.  The sum appropriated shall be expended by the
 
13 department of land and natural resources for the purposes of this
 
14 Act.
 
15      SECTION 4.  This Act shall take effect on July 1, 1999.
 
16 
 
17                           INTRODUCED BY:  _______________________