STAND. COM. REP. NO. 989
Honolulu, Hawaii
, 2005
RE: H.B. No. 1360
H.D. 2
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-Third State Legislature
Regular Session of 2005
State of Hawaii
Sir:
Your Committee on Finance, to which was referred H.B. No. 1360, H.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO THE WAIALUA AGRIBUSINESS INCUBATOR,"
begs leave to report as follows:
The purpose of this bill is to support the development of new and enhanced agricultural products and manufacturing methods by creating an agribusiness incubator in the Waialua district of Oahu. Specifically, this bill:
(1) Authorizes the issuance of general obligation bonds for the planning, design, and construction of an agribusiness incubator to be developed and managed by the University of Hawaii (UH); and
(2) Requires UH to negotiate a memorandum of understanding with Dole Food Company, Inc. (Dole), to provide for:
(A) The conveyance, in fee simple and for nominal consideration, of up to three acres of agricultural-zoned land in Waialua, formerly used by Dole; and
(B) The lease of other lands within the Waialua district
to support the agribusiness incubator facility.
The Hawaii Farm Bureau Federation, Castle & Cooke Hawaii, and a concerned individual testified in support of this bill. The Department of Agriculture and a concerned individual supported the intent of this measure.
Your Committee has amended this bill by changing the effective date to July 1, 2010, to encourage further discussion.
As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1360, H.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 1360, H.D. 2.
Respectfully submitted on behalf of the members of the Committee on Finance,
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____________________________ DWIGHT TAKAMINE, Chair |
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