STAND. COM. REP. NO.  941

Honolulu, Hawaii

                , 2017

RE:   H.B. No. 1310

      H.D. 1

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Ninth State Legislature

Regular Session of 2017

State of Hawaii

Sir:

     Your Committee on Finance, to which was referred H.B. No. 1310, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO THE WAIAKEA PENINSULA REDEVELOPMENT DISTRICT,"

begs leave to report as follows:

The purpose of this measure is to revitalize and redevelop the Waiakea Peninsula on Hawaii Island and stimulate the economy of East Hawaii by establishing the Waiakea Peninsula Redevelopment District, Planning Committee, and Revolving Fund.

The Councilmember representing District 3 of the Hawaii County Council, Banyan Drive Hawaii Redevelopment Agency, Hawaii Government Employees Association, AFSCME Local 152, AFL-CIO, International Longshore and Warehouse Union Local 142, Kanoelehua Industrial Area Association, Pacific Resource Partnership, Hawaii Planing Mill, Ltd. dba HPM Building Supply, Kadota Liquor, Kamehameha Schools, Hawaii Laborers-Employers Cooperation and Education Trust, and three individuals supported this measure.  The Department of Land and Natural Resources, Department of Budget and Finance, and Mayor of the County of Hawaii provided comments.

     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. 1310, H.D. 1, and recommends that it pass Third Reading.

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

____________________________

SYLVIA LUKE, Chair