STAND. COM. REP. NO. 2588
Honolulu, Hawaii
RE: S.B. No. 2172
S.D. 2
Honorable Colleen Hanabusa
President of the Senate
Twenty-Fifth State Legislature
Regular Session of 2010
State of Hawaii
Madam:
Your Committee on Ways and Means, to which was referred S.B. No. 2172, S.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO THE ISSUANCE OF SPECIAL PURPOSE REVENUE BONDS TO ASSIST KAIMUKI CHRISTIAN SCHOOL,"
begs leave to report as follows:
The purpose of this measure is to authorize the issuance of special purpose revenue bonds to assist Kaimuki Christian School with the planning, construction, improvement, and equipping of its educational facilities.
Your Committee received written comments in support of this measure from the Hawaii Association of Independent Schools, Kaimuki Christian School, and four individuals. The written comments may be reviewed on the Legislature's website.
Your Committee finds that Kaimuki Christian School has been an active member of the Kaimuki community for over forty years. While servicing mainly the East Oahu community, the school draws students island-wide, and the student body reflects a range of academic abilities and socio-economic backgrounds. The school is currently engaged in plans to make capital improvements to its campus that will allow the school to increase its enrollment by over seventy per cent thereby increasing educational opportunities for Hawaii's youth.
Your Committee has amended this measure by changing its effective date to July 1, 2050, to facilitate further discussion on the measure.
As affirmed by the record of votes of the members of your Committee on Ways and Means that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 2172, S.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 2172, S.D. 2.
Respectfully submitted on behalf of the members of the Committee on Ways and Means,
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____________________________ DONNA MERCADO KIM, Chair |
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