Honorable Robert Bunda

President of the Senate

Twenty-First State Legislature

Regular Session of 2002

State of Hawaii

Sir:

Your Committee on Ways and Means, to which was referred S.B. No. 3049, S.D. 1, entitled:

begs leave to report as follows:

The purpose of this measure is to authorize the issuance of special facility revenue bonds to construct facilities for a ferry service between Iroquois Point and Ford Island to Aloha Tower and Hilton Hawaiian Village Pier on Oahu.

Your Committee finds that development of a ferry system will ease traffic congestion in the Leeward area and promote Ford Island as a tourist destination.

Your Committee has amended this measure by changing the appropriation figure to a blank amount.

As affirmed by the record of votes of the members of your Committee on Ways and Means that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 3049, S.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 3049, S.D. 2.