Honorable Robert Bunda

President of the Senate

Twenty-Second State Legislature

Regular Session of 2003

State of Hawaii

Sir:

Your Committee on Education, to which was referred H.B. No. 1362 entitled:

begs leave to report as follows:

The purpose of this measure is to authorize the issuance of special purpose revenue bonds in an amount not to exceed $7,000,000, to assist St. Patrick School in financing the construction and improvement of its educational facilities.

St. Patrick School, Hawaii Association of Independent Schools, and the Hawaii Business Roundtable submitted testimony supporting this measure.

Your Committee finds that the special purpose revenue bonds authorized by this measure are specifically for the construction of a Technology Resource Center (TRC) and expansion of the existing Early Learning Center (ELC). The TRC will include a computer lab, library, and two community meeting rooms. The ELC will add two new preschool classrooms for sixty children. These projects will provide St. Patrick School students with greater learning opportunities through technology while meeting the needs of the community for quality pre-kindergarten classes.

As affirmed by the record of votes of the members of your Committee on Education that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1362, and recommends that it pass Second Reading and be referred to the Committee on Ways and Means.