Report Title:

Hana Small Boat Harbors; GO Bonds

Description:

Authorizes issuance of GO Bonds for Hana Small Boat Harbors, including $250,000 for road repairs and $1.5 million to replace launch ramp and new loading dock.

THE SENATE

S.B. NO.

1209

TWENTY-SECOND LEGISLATURE, 2003

 

STATE OF HAWAII

 


 

A BILL FOR AN ACT

 

authorizing the issuance of general obligation bonds and making an appropriation for hana small boat harbors.

 

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 $1,750,000, 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 2003-2004, for the following Hana small boat harbors projects.

1. Road repairs. $250,000

2. Replace launch ramp and

construct new loading dock. $1,500,000

SECTION 2. The appropriation made for the capital improvement projects 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 land and natural resources for the purposes of this Act.

SECTION 4. This Act shall take effect on July 1, 2003.

INTRODUCED BY:

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