Report Title:

Natural Energy Laboratory of Hawaii; GO Bonds

Description:

Authorizes issuance of general obligations bonds for the planning, design, and construction of a replacement for the existing pump station of the Natural Energy Laboratory of Hawaii in Kailua-Kona, Hawaii.

HOUSE OF REPRESENTATIVES

H.B. NO.

2822

TWENTY-SECOND LEGISLATURE, 2004

 

STATE OF HAWAII

 


 

A BILL FOR AN ACT

 

authorizing the issuance of general obligation bonds and making an appropriation for the national energy laboratory 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 $930,000, 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 2004-2005 for the purpose of plans, design, and construction of a replacement for the existing pump station at the natural energy laboratory of Hawaii in Kailua-Kona, Hawaii.

SECTION 2. 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, 2006, shall lapse as of that date.

SECTION 3. The sum appropriated shall be expended by the department of business, economic development, and tourism for the purposes of this Act.

SECTION 4. This Act shall take effect on July 1, 2004.

INTRODUCED BY:

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