Bill Text: HI HB694 | 2020 | Regular Session | Introduced

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Bill Title: Relating To The University Of Hawaii.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Introduced - Dead) 2019-12-01 - Carried over to 2020 Regular Session. [HB694 Detail]

Download: Hawaii-2020-HB694-Introduced.html

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HOUSE OF REPRESENTATIVES	H.B. NO.	694
THIRTIETH LEGISLATURE, 2019
STATE OF HAWAII

A BILL FOR AN ACT

 

 

Relating to the university of hawaii.

 

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

 

     SECTION 1.  The director of finance is authorized to issue general obligation bonds in the sum of $         or so much thereof as may be necessary and the same sum or so much thereof as may be necessary is appropriated for fiscal year 2019-2020, for the purpose of designing and constructing a new athletic facility for the University of Hawaii.

     The sum appropriated shall be expended by the University of Hawaii for the purposes of designing and constructing a new athletic facility, which shall include a football stadium, for the University of Hawaii at Manoa, as follows:

Athletic facility design, construction, and equipment.  Project to include ground and site improvements, equipment and appurtenances, and all project costs.

Design                                 $

Construction                           $

Equipment                              $

Total Funding                     $

     SECTION 2.  No funds authorized and appropriated under this Act shall be made available for expenditure unless at least one-third of the total cost to design, construct, and equip the new athletic facility is funded by the private sector.

     SECTION 3.  The appropriation made for the capital improvement project authorized by this Act shall not lapse at the end of the fiscal biennium for which the appropriation is made; provided that all moneys from the appropriation unencumbered as of June 30, 2020, shall lapse as of that date.

SECTION 4.  This Act shall take effect on July 1, 2019.

 

INTRODUCED BY:	_____________________________

 

 

Report Title:

UH; Athletic Facility; General Obligation Bonds; Appropriation

 

Description:

Authorizes general obligation bonds for the design and construction of a new athletic facility for the University of Hawaii at Manoa.  Requires a one-third private sector funding match.  Appropriates funds.

 

 

 

The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.