Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Third State Legislature

Regular Session of 2006

State of Hawaii

Sir:

Your Committee on Finance, to which was referred S.C.R. No. 128, S.D. 1, entitled:

begs leave to report as follows:

The purpose of this concurrent resolution is to request the Department of Hawaiian Home Lands to enter into a lease/purchase agreement for the construction of a new office facility on Hawaiian home lands in East Kapolei to be funded by the issuance of certificates of participation.

The Department of Hawaiian Home Lands provided testimony in support of this measure.

As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee concurs with the intent and purpose of S.C.R. No. 128, S.D. 1, and recommends its adoption.