Honorable Robert Bunda

President of the Senate

Twenty-Second State Legislature

Regular Session of 2003

State of Hawaii

Sir:

Your Committee on Ways and Means, to which was referred S.B. No. 1287 entitled:

begs leave to report as follows:

The purpose of this measure is to transfer the responsibility for redeveloping the Aloha Tower complex from the Aloha Tower Development Corporation to the Hawaii Community Development Authority.

This measure also appropriates $2,000,000 from the Aloha Tower Fund for the Hawaii Community Development Authority to expend for that redevelopment.

Your Committee finds that the Hawaii Community Development Authority is a statewide redevelopment agency established to redevelop and revitalize community development districts that have been designated by the Legislature. Your Committee further finds that redevelopment efforts currently undertaken on Honolulu's waterfront area are being conducted by both the Authority and the Aloha Tower Development Corporation.

Your Committee finds that the Aloha Tower complex is an integral part of the Honolulu waterfront and is located adjacent to the Kakaako Community Development District, which is overseen by the Authority. Your Committee believes that consolidating responsibilities for these strategic areas within the Authority will help to streamline similar government functions, facilitate planning, and enhance the prospects for successful redevelopment in the Kakaako District.

It is your Committee's intent to preserve the civil service status of any employee affected by the transfer and may make changes to the bill in the future to reflect this intent.

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. 1287 and recommends that it pass Third Reading.