Honorable Robert Bunda

President of the Senate

Twenty-Second State Legislature

Regular Session of 2004

State of Hawaii

Sir:

Your Committee on Water, Land, and Agriculture, to which was referred S.B. No. 2622 entitled:

begs leave to report as follows:

The purpose of this measure is to authorize the issuance of general obligation bonds and make an appropriation for Keehi boat harbor improvements.

Testimony in support of this measure was received from Paradise Cruise, Ltd. Testimony in opposition was received from the Department of Land and Natural Resources (DLNR).

The DLNR stated in testimony that the Keehi boat harbor is much in need of repairs and maintenance, as is the case with other small boat harbors statewide. Your Committee finds that Keehi small boat harbor has four rows of berths that are untenable and thus, have reduced the revenue that should be generated from the harbor. Your Committee further finds that this return to revenue status will recoup the cost of the bonds over time.

Your Committee has amended this measure by changing the lapsing date to June 30, 2006 to keep within the three-year bond lapse period beginning with the fiscal biennium of 2003.

As affirmed by the record of votes of the members of your Committee on Water, Land, and Agriculture that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 2622, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 2622, S.D. 1, and be referred to the Committee on Ways and Means.