STAND. COM. REP. NO. 3351
Honolulu, Hawaii
H.D. 2
S.D. 1
President of the Senate
Twenty-Eighth State Legislature
State of Hawaii
Sir:
Your Committee on Ways and Means, to which was referred H.B. No. 1684, H.D. 2, S.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO THE NATURAL ENERGY LABORATORY OF HAWAII AUTHORITY,"
begs leave to report as follows:
The purpose and intent of this measure is to exempt the operations of the Natural Energy Laboratory of Hawaii Authority from the fifteen-year lease term limit on concessions or concession space on public property.
Your Committee received written comments in support of this measure from the Department of Business, Economic Development, and Tourism and the Natural Energy Laboratory of Hawaii Authority.
Your Committee finds that the Natural Energy Laboratory of Hawaii Authority is a self-sufficient agency attached to the Department of Business, Economic Development, and Tourism. Currently, the lease of concessions or concession space on public land may not exceed fifteen years. The Authority operates the Hawaii Ocean Science and Technology Park on approximately eighty acres of public land in Kailua-Kona on the island of Hawaii. The plans for this park are to develop a large commercial and industrial complex or mall. However, a significant portion of this land is underdeveloped, as it is on barren lava, which requires an investment of over $50,000 to grade a single acre. Your Committee believes that it is unlikely that the Authority can find a developer willing to develop this area at such a significant cost if the Authority may not offer a lease of more than fifteen years. Your Committee further believes that exempting the Authority from the fifteen-year limit will facilitate the ability of the Authority to find developers for the area.
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 H.B. No. 1684, H.D. 2, S.D. 1, and recommends that it pass Third Reading.
Respectfully submitted on behalf of the members of the Committee on Ways and Means,
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________________________________ JILL N. TOKUDA, Chair |
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