Report Title:

Community-Based Economic Development; Appropriation

 

Description:

Appropriates operating funds for the statewide expansion of the economic development program coordinated by the Department of Business, Economic Development, and Tourism; authorizes GO bond issuance to finance community-based economic development physical improvements; appropriates funds to attract investment from Pacific Rim countries. (SD1)

 

HOUSE OF REPRESENTATIVES

H.B. NO.

1636

TWENTY-FIRST LEGISLATURE, 2001

H.D. 1

STATE OF HAWAII

S.D. 1

 

A BILL FOR AN ACT

 

making an appropriation for COMMUNITY-BASED ECONOMIC DEVELOPMENT.

 

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

PART I

SECTION 1. The purpose of this Part is to appropriate funds to encourage and support community-based economic development programs and physical improvements that are the result of comprehensive regional community-based economic development planning initiatives, such as the development of a multicultural village at Kakaako based on the cultural and educational diversity of Hawaii.

SECTION 2. The development of a multicultural village would add another essential new attraction for visitors to the State and provide a catalyst for cultural education, awareness, and involvement of Hawaii's citizens, from youth to the elderly, as well as serve as a focus for international tourism, Hawaii's multiethnic community, and as an international business center.

SECTION 3. There is appropriated out of the general revenues of the State of Hawaii the sum of $          , or so much thereof as may be necessary for fiscal year 2001-2002 for operating funds for the statewide expansion of the economic development program coordinated by the department of business, economic development, and tourism, and implemented by the appropriate regional community-based economic development nonprofit organization lead entity.

The sum appropriated shall be expended by the community-based economic development program of the department of business, economic development, and tourism for the purposes of this Part.

PART II

SECTION 4. The director of finance is authorized to issue general obligation bonds in the sum of $          , or so much thereof as may be necessary for fiscal year 2001-2002. The following sums, or so much thereof as shall be sufficient to finance the projects listed in this Act, are hereby appropriated out of the general revenues of the State of Hawaii for fiscal year 2001-2002:

(1) Pacific Gateway Center kitchen incubator facility in Kalihi. $1

(2) Waipahu Community Association's Waipahu Festival marketplace. $1

(3) Kahuku 2000 redevelopment of Kahuku Sugar Mill site into community commercial center. $1

(4) Puna kava and noni (biopharmaceutical) production and processing facilities. $1

(5) Hilo/Hamakua Coast community technology centers. $1

(6) Friends of Mokuula cultural and educational center on Lahaina's Main Street. $1

(7) Molokai Community Services Council business incubator on Brownfield redevelopment site in downtown Kaunakakai. $1

The sums appropriated for the respective capital projects set forth in this section shall be expended by the department of business, economic development, and tourism for the purposes of this section.

PART III

SECTION 5. There is appropriated out of the general revenues of the State of Hawaii the following sums, or so much thereof as may be necessary for fiscal year 2001-2002, for the purpose of establishing a program to attract investment from Pacific Rim countries and to allow a contract to be entered into for assistance by the community-based economic development program of the department of business, economic development, and tourism.

Total funding FY 2001-2002 $1

SECTION 6. This Act shall take effect on July 1, 2001.