Report Title:

Kalaeloa Development; General Obligations Bonds; Appropriation

Description:

Authorizes issuance of $7 million in general obligation bonds for plans, design and construction of improvements in the Kalaeloa community development district in the fiscal biennium 2003-2005; provides lapse date of June 30, 2006 for CIP appropriations; appropriates $400,000 for HCDA staff for Kalaeloa project; prohibits use by state, county, or private entities that have outstanding lease rent or other monetary obligations to HCDA.

THE SENATE

S.B. NO.

1591

TWENTY-SECOND LEGISLATURE, 2003

 

STATE OF HAWAII

 


 

A BILL FOR AN ACT

 

relating to the kalaeloa community development district.

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

SECTION 1. The legislature finds that pursuant to Act 184, Session Laws of Hawaii 2002, the responsibility for the redevelopment of the former Barbers Point Naval Air Station (BPNAS), an area now known as Kalaeloa community development district, was transferred from the Barbers Point Naval Air Station Redevelopment Commission (BPNAS-RC) to the Hawaii Community Development Authority (HCDA), effective July 1, 2002. The legislature further finds that there is an urgent desire within the community for meaningful redevelopment of Kalaeloa. Since the closure in 1999 of the BPNAS, there has been a significant increase in vandalism, theft, property crimes, and other types of illegal activity within the Kalaeloa district. In addition, the community is concerned about the lack of maintenance of the Kalaeloa grounds and trees lining the roadways. The HCDA has taken over redevelopment responsibility for Kalaeloa, but has not been provided with sufficient funds to effect redevelopment. The legislature further finds that the Kalaeloa community development district offers unique opportunities for economic development and job creation in the surrounding communities. Thus, the purpose of this Act is to authorize the issuance of general obligation bonds and appropriate funds for the HCDA to proceed with redevelopment plans, design, and construction in the Kalaeloa community development district.

SECTION 2. The director of finance is authorized to issue general obligation bonds in the sum of $7,000,000, or so much thereof as may be necessary, and the same sum, or so much thereof as may be necessary, is appropriated for the fiscal biennium 2003-2005 for plans, design, and construction of improvements to Kalaeloa community development district. SECTION 3. The appropriation made for the capital improvement project authorized in section 2 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 4. There is appropriated out of the general revenues of the State of Hawaii the sum of $200,000, or so much thereof as may be necessary for fiscal year 2003-2004, and the same sum, or so much thereof as may be necessary for fiscal year 2004-2005, for the hiring of staff and related expenses for the Kalaeloa community development district.

SECTION 5. The sums appropriated shall be expended by the Hawaii community development authority for the purposes of this Act.

SECTION 6. Any state or county agency, or private entity owing lease rents or other monetary obligations to the Hawaii community development authority shall be prohibited from using any land or facilities within the Kalaeloa community development district until such monetary obligations are paid.

SECTION 7. This Act shall take effect on July 1, 2003; provided that section 6 shall take effect upon approval.

INTRODUCED BY:

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