Report Title:

Hawaii Community Development Authority; Designation of Community Development District

Description:

Directs the Hawaii community development authority and the department of business, economic development, and tourism to consider the designation of a new community development district in urban Honolulu.

THE SENATE

S.B. NO.

2646

TWENTY-SECOND LEGISLATURE, 2004

 

STATE OF HAWAII

 


 

A BILL FOR AN ACT

 

RELATING TO COMMUNITY DEVELOPMENT DISTRICTS.

 

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

SECTION 1. The legislature finds that there is a lack of available new and renovated industrial properties near the urban core of Honolulu. One of the purposes for the establishment of the Hawaii community development authority is to cooperate with private enterprise and the various components of federal, state, and county governments to initiate the redevelopment of under developed, blighted, or economically depressed areas of the State.

The purpose of this Act is to direct the department of business, economic development, and tourism and the Hawaii community development authority to determine whether one or more areas near the urban core of Honolulu would warrant designation as a community development district.

SECTION 2. The department of business, economic development, and tourism and the Hawaii community development authority are directed to consider, analyze, and determine whether one or more areas south or makai of the H-1 freeway, between the Aloha Tower complex and the Honolulu international airport on Oahu would warrant designation as a community development district, pursuant to section 206E-5(a), Hawaii Revised Statutes.

One of the primary objectives of the designation of a community development district in that area would be the development, redevelopment, and renovation of industrial and commercial structures in the proposed district. Another principal objective of such a designation would be to ensure that the redevelopment and improvements to the infrastructure do not have the unintended consequence of raising the land values in the district in such a manner as to impede industrial uses in the district.

SECTION 3. The department of business, economic development, and tourism and the Hawaii community development authority shall report to the legislature as to whether they determine that the designation of a community development district in the proposed area is warranted. If so warranted, the report shall further contain a preliminary community development plan for the designated area, including preliminary community development guidance policies, a district-wide improvement program, and community development rules, along with a preliminary estimated project development cost. The report shall be submitted to the legislature twenty days before the convening of the regular session 2005.

SECTION 4. This Act shall take effect upon its approval.

INTRODUCED BY:

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