STAND. COM. REP. NO. 439

 

Honolulu, Hawaii

                  

 

RE:    S.B. No. 664

 

 

 

Honorable Colleen Hanabusa

President of the Senate

Twenty-Fourth State Legislature

Regular Session of 2007

State of Hawaii

 

Madam:

 

     Your Committee on Education, to which was referred S.B. No. 664 entitled:

 

"A BILL FOR AN ACT RELATING TO SPECIAL PURPOSE REVENUE BONDS FOR SACRED HEARTS ACADEMY,"

 

begs leave to report as follows:

 

     The purpose of this measure is to authorize the issuance of special purpose revenue bonds for the construction and improvement of education facilities at Sacred Hearts Academy, a not‑for‑profit private sectarian school.

 

     Your Committee received testimony in support of this measure from Sacred Hearts Academy and the Hawaii Association of Independent Schools.

 

     According to Sacred Hearts Academy's testimony, the special purpose revenue bonds under this measure will finance the construction of several structures to provide adequate facilities for its programs and to enhance the education it provides for its students.  The plan is to build an eighteen thousand square foot performing arts building that will house and expand its current performing arts courses, including band, chorus, dance, and drama.  Sacred Hearts Academy also intends to replace the current cafeteria, built fifty years ago, with a new multi-purpose student center where students can gather for lunch, interact with peers, and collaborate on community service projects.

 

     Your Committee further finds that the issuance of special purpose revenue bonds under this measure is in the public interest and for the public's general welfare.

 

     As affirmed by the record of votes of the members of your Committee on Education that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 664 and recommends that it pass Second Reading and be referred to the Committee on Ways and Means.

 

Respectfully submitted on behalf of the members of the Committee on Education,

 

 

 

____________________________

NORMAN SAKAMOTO, Chair