STAND

 

STAND. COM. REP. NO.490-02

Honolulu, Hawaii

, 2002

RE: H.B. No. 2002

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-First State Legislature

Regular Session of 2002

State of Hawaii

Sir:

Your Committee on Finance, to which was referred H.B. No. 2002 entitled:

"A BILL FOR AN ACT RELATING TO PUBLIC LANDS,"

begs leave to report as follows:

The purpose of this bill is to support the efforts to transform the Holiday Inn Sunspree Resort Kauai into an economically viable resort by authorizing the Department of Land and Natural Resources to issue new State leases to Kauai Beach Resort, LLC, the hotel's owner and operator.

Kauai Beach Resort, LLC, testified in support of this measure. The Board of Land and Natural Resources commented on this measure.

As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 2002 and recommends that it pass Third Reading.

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

____________________________ DWIGHT Y. TAKAMINE, Chair