STAND. COM. REP. NO.  288-10

Honolulu, Hawaii

                , 2010

RE:   H.B. No. 2740

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Fifth State Legislature

Regular Session of 2010

State of Hawaii

Sir:

     Your Committee on Education, to which was referred H.B. No. 2740 entitled:

"A BILL FOR AN ACT RELATING TO SCHOOLS,"

begs leave to report as follows:

     The purpose of this bill is to address the need for additional facilities to provide a quality learning environment by expediting and lowering the costs of school construction.  Specifically, this bill directs the Department of Education (DOE) to enter into a financing agreement for the planning and design of the Royal Kunia Elementary School II using certificates of participation.

     RKES LLC, and several concerned individuals testified in support of this bill.  DOE and the Department of Budget and Finance offered comments.

     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 H.B. No. 2740 and recommends that it pass Second Reading and be referred to the Committee on Finance.

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

____________________________

ROY TAKUMI, Chair