STAND. COM. REP. NO.  1862

Honolulu, Hawaii

                , 2007

RE:   S.B. No. 810

      S.D. 2

      H.D. 1

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Fourth State Legislature

Regular Session of 2007

State of Hawaii

Sir:

     Your Committee on Finance, to which was referred S.B. No. 810, S.D. 2, entitled:

"A BILL FOR AN ACT RELATING TO WAIMANO RIDGE,"

begs leave to report as follows:

     The purpose of this bill is to facilitate the establishment of a "totally integrated community" on the state-owned Waimano Ridge lands by:

     (1)  Appropriating funds for:

          (A)  The Waimano Ridge Task Force operating expenses;

          (B)  Updating the Waimano Ridge comprehensive master plan; and

          (C)  One permanent, full-time Waimano Ridge facilities manager position;

          and

     (2)  Authorizing the issuance of general obligation bonds for building demolition and water system upgrade and building improvement projects on Waimano Ridge lands.

     The Pearl City Community Association, Pearl City Neighborhood Board No. 21, and a concerned individual testified in support of this bill.  The Department of Health provided comments.

     Your Committee has amended this bill by:

     (1)  Changing the effective date to July 1, 2020, to encourage further discussion; and

     (2)  Making technical, nonsubstantive amendments for clarity, consistency, and style.

     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 S.B. No. 810, S.D. 2, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 810, S.D. 2, H.D. 1.

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

____________________________

MARCUS R. OSHIRO, Chair