STAND. COM. REP. NO.  1268-10

 

Honolulu, Hawaii

                , 2010

 

RE:   H.C.R. No. 47

 

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Fifth State Legislature

Regular Session of 2010

State of Hawaii

 

Sir:

 

     Your Committee on Finance, to which was referred H.C.R. No. 47 entitled:

 

"HOUSE CONCURRENT RESOLUTION REQUESTING AUTHORIZATION TO ENTER INTO A DEVELOPMENT AGREEMENT FOR THE DEVELOPMENT OF KEEHI INDUSTRIAL LOTS, ISLAND OF OAHU,"

 

begs leave to report as follows:

 

     The purpose of this concurrent resolution is to approve a development project on certain state lands pursuant to section 171-60, Hawaii Revised Statutes.  Specifically, the Department of Land and Natural Resources seeks to lease approximately 20 acres of public lands at the Keehi Industrial Lots, Oahu, TMK No. (1) 1-2-23: (various parcels), by negotiation and without recourse to public auction, to a private developer or enter into a development agreement for the development and subdivision of lands as a leasehold project for various uses, including industrial, commercial, or business uses.

 

          The Department of Transportation testified in support of this concurrent resolution.

 

     As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee concurs with the intent and purpose of H.C.R. No. 47 and recommends its adoption.

 

Respectfully submitted on behalf of the members of the Committee on Finance,

 

 

		____________________________ MARCUS R. OSHIRO, Chair