STAND. COM. REP. NO. 1774

Honolulu, Hawaii

, 2019

RE: H.C.R. No. 7

Honorable Scott K. Saiki

Speaker, House of Representatives

Thirtieth State Legislature

Regular Session of 2019

State of Hawaii

Sir:

Your Committee on Water, Land, & Hawaiian Affairs, to which was referred H.C.R. No. 7 entitled:

"HOUSE CONCURRENT RESOLUTION APPROVING THE TRANSFER OF THE LEASED FEE INTEREST IN A PORTION OF 610 COOKE STREET, HONOLULU, HAWAII, TO THE CITY AND COUNTY OF HONOLULU,"

begs leave to report as follows:

The purpose of this measure is to approve the transfer of the leased fee interest in a portion of 610 Cooke Street, Honolulu, Hawaii, TMK No. 1-2-1-051:004, to the City and County of Honolulu as part of a land exchange to facilitate mixed-use development.

Your Committee received testimony in support of this measure from the Department of Business, Economic Development & Tourism and Hawaii Housing Finance and Development Corporation.

As affirmed by the record of votes of the members of your Committee on Water, Land, & Hawaiian Affairs that is attached to this report, your Committee concurs with the intent and purpose of H.C.R. No. 7 and recommends that it be referred to your Committee on Finance.

Respectfully submitted on behalf of the members of the Committee on Water, Land, & Hawaiian Affairs,

____________________________

RYAN I. YAMANE, Chair