STAND. COM. REP. NO.  1067-14

Honolulu, Hawaii

                , 2014

RE:   S.B. No. 2677

      S.D. 2

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Seventh State Legislature

Regular Session of 2014

State of Hawaii

Sir:

     Your Committee on Water & Land, to which was referred S.B. No. 2677, S.D. 2, entitled:

"A BILL FOR AN ACT MAKING AN APPROPRIATION TO THE COUNTY OF HAWAII AS THE STATE'S SHARE OF JOINT FUNDING WITH THE COUNTY TO CONSTRUCT IMPROVEMENTS TO WAIMEA DISTRICT/REGIONAL PARK,"

begs leave to report as follows:

The purpose of this measure is to authorize the issuance of general obligation bonds to finance the State's contribution to improvements at Waimea District/Regional Park on the island of Hawaii.

The Mayor of the County of Hawaii, Waimea District Park Builders, and numerous individuals submitted testimony in support of this measure.  Several individuals submitted comments.

     Your Committee notes that the improvements to Waimea District/Regional Park financed by this measure are part of an on-going partnership between the State and the County of Hawaii to fund this important community resource.  The State's contribution to the current phase of the project is expected to be approximately $4,000,000, which will be matched by an equal amount of County funds.

     As affirmed by the record of votes of the members of your Committee on Water & Land that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 2677, S.D. 2, 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 Water & Land,

____________________________

CINDY EVANS, Chair