STAND. COM. REP. NO.603-02
Honolulu, Hawaii
, 2002
RE: H.B. No. 2545
H.D. 1
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-First State Legislature
Regular Session of 2002
State of Hawaii
Sir:
Your Committee on Finance, to which was referred H.B. No. 2545, H.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO INDUSTRIAL PARKS ON PUBLIC LANDS,"
begs leave to report as follows:
The purpose of this bill is to amend laws relating to industrial parks by:
(1) Clarifying the authority of the Board of Land and Natural Resources (Board) in designating lands to be used as industrial parks;
(2) Declaring that if an industrial park is to be developed in partnership or under a development agreement with a private party, that the private party should be selected in accordance with the procurement code;
(3) Allowing the Board, through direct negotiation, to issue leases or master leases for industrial parks developed under a joint partnership or development agreement; and
(4) Clarifying that the Board may issue a master lease to a corporation whose members or shareholders are either eligible permittees or eligible sublessees of the industrial park.
Testimony in support of this measure was submitted by the Department of Land and Natural Resources.
As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 2545, H.D. 1, and recommends that it pass Third Reading.
Respectfully submitted on behalf of the members of the Committee on Finance,
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____________________________ DWIGHT Y. TAKAMINE, Chair |
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