Honorable Robert Bunda

President of the Senate

Twenty-First State Legislature

Regular Session of 2001

State of Hawaii

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-First State Legislature

Regular Session of 2001

State of Hawaii

Sir:

Your Committee on Conference on the disagreeing vote of the Senate to the amendments proposed by the House of Representatives in S.B. No. 1030, S.D. 2, H.D. 2, entitled:

having met, and after full and free discussion, has agreed to recommend and does recommend to the respective Houses the final passage of this measure in an amended form.

The purpose of this measure is to authorize the Hawaii community development authority to issue special facility revenue bonds for eligible projects, including an ocean science center, in the Kakaako community development district.

Your Committee on Conference finds that the proximity of the Kakaako community development district to the waterfront and to urban Honolulu provides an excellent opportunity for other facilities, such as a multicultural center and an ocean park.

Upon further consideration, your Committee on Conference amended the measure to add language in reference to a multicultural center and an ocean park, and to make technical amendments for the purpose of clarity.

As affirmed by the record of votes of the managers of your Committee on Conference that is attached to this report, your Committee on Conference is in accord with the intent and purpose of S.B. No. 1030, S.D. 2, H.D. 2, as amended herein, and recommends that it pass Final Reading in the form attached hereto as S.B. No. 1030, S.D. 2, H.D. 2, C.D. 1.