STAND. COM. REP. NO.  698-10

 

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 Water, Land, & Ocean Resources, 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 (DOT) and Hawaii Building and Construction Trades Council, AFL-CIO testified in support of this measure.

 

     The subject property is currently under the control of DOT for harbor purposes.  Although a majority of the property is underutilized due to its lack of infrastructure, DOT is unable to construct the necessary improvements to develop the property on its own due to other more pressing capital improvement priorities.  Your Committee finds that the development of these lands as an industrial park for maritime and maritime-related uses will substantially increase the value of the lands, providing increased returns to the State.

 

     As affirmed by the record of votes of the members of your Committee on Water, Land, & Ocean Resources that is attached to this report, your Committee concurs with the intent and purpose of H.C.R. No. 47 and recommends that it be referred to the Committee on Finance.

 

Respectfully submitted on behalf of the members of the Committee on Water, Land, & Ocean Resources,

 

 

		____________________________ KEN ITO, Chair