Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-First State Legislature

Regular Session of 2001

State of Hawaii

Sir:

Your Committee on Water and Land Use, to which was referred H.C.R. No. 12 entitled:

begs leave to report as follows:

The purpose of this House Concurrent Resolution is to provide legislative review and disapproval of the land exchange between the State of Hawaii and Mauna Kea Agribusiness.

The land exchange was finalized between the State of Hawaii and Mauna Kea Agribusiness Co., Inc. to improve traffic safety at Haaheo Elementary School, South Hilo, Hawaii. Mauna Kea Agribusiness Co., in turn sought ownership of a parcel in a location the State had determined to be unsuitable for development.

The Board of Land and Natural Resources preliminarily approved the exchange of properties on March 24, 1994, with final approval made on December 16, 1994.

The committee noted and the Department explained that Mauna Kea Agribusiness paid the state the sum of $8,000 representing the difference in valuation between the two parcels.

The committee did not find any reason to disapprove the land exchange and passed this measure unamended.

As affirmed by the record of votes of the members of your Committee on Water and Land Use that is attached to this report, your Committee concurs with the intent and purpose of H.C.R. No. 12 and recommends that it be referred to the Committee on Finance.