STAND. COM. REP. 511
Honolulu, Hawaii
, 2003
RE: H.B. No. 379
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-Second State Legislature
Regular Session of 2003
State of Hawaii
Sir:
Your Committee on Health, to which was referred H.B. No. 379 entitled:
"A BILL FOR AN ACT RELATING TO THE ISSUANCE OF SPECIAL PURPOSE REVENUE BONDS FOR NOT-FOR-PROFIT CORPORATIONS THAT PROVIDE HEALTH CARE FACILITIES,"
begs leave to report as follows:
The purpose of this bill is to extend from June 30, 2003, to June 30, 2008, the authorization to issue special purpose revenue bonds for the development of the Pacific Saging Center, Inc. (Center).
The Wahiawa Hospital Association, Pacific SportsCare, and a representative of Pyrus, Incorporated, testified in support of this bill. The Department of Budget and Finance submitted comments.
The Center is a not-for-profit Hawaii corporation engaged in the planning, design, and construction of a patient-focused facility on a portion of a 210-acre parcel of land at Koa Ridge. The facility would include such items and activities as:
(1) A saging center;
(2) Child care;
(3) Adult care;
(4) Mentoring programs; and
(5) Activity centers.
As affirmed by the record of votes of the members of your Committee on Health that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 379 and recommends that it pass Second Reading and be referred to the Committee on Finance.
Respectfully submitted on behalf of the members of the Committee on Health,
____________________________ DENNIS A. ARAKAKI, Chair |
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