Report Title:

Kahuku Agricultural Park

Description:

Authorizes the issuance of general obligation bonds and appropriates funds to the department of agriculture to acquire land to expand the Kahuku agricultural park.

THE SENATE

S.B. NO.

2516

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 expansion of the kahuku agricultural park.

 

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 $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 fiscal year 2004-2005 for the purpose of acquiring land in Kahuku, on the island of Oahu, to expand the Kahuku agricultural park.

SECTION 2. The appropriation made for the capital improvement project authorized in section 1 of this Act shall not lapse at the end of the fiscal year for which the appropriation is made; provided that all moneys from the appropriation unencumbered as of June 30, 2007, shall lapse as of that date.

SECTION 3. The sum appropriated in section 1 of this Act shall be expended by the department of agriculture for the purposes of this Act.

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

INTRODUCED BY:

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