STAND. COM. REP. NO. 669

Honolulu, Hawaii

, 2005

RE: H.B. No. 1114

H.D. 2

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Third State Legislature

Regular Session of 2005

State of Hawaii

Sir:

Your Committee on Judiciary, to which was referred H.B. No. 1114, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO THE ALOHA TOWER DEVELOPMENT CORPORATION,"

begs leave to report as follows:

The purpose of this bill is to clarify the functions of the Aloha Tower Development Corporation (ATDC) by authorizing it to:

(1) Become part of a limited liability company (LLC) with developers of ATDC projects; and

(2) Sell any project.

This bill also requires that:

(1) Public funds and projects of the LLC shall not be subject to the Procurement Code; and

(2) State employees hired by the LLC shall retain their state employment benefits and classifications.

ATDC offered comments.

Your Committee has amended this bill by:

(1) Authorizing ATDC to sell fast lands of the Aloha Tower complex;

(2) Adding a defective date to facilitate further discussion; and

(3) Making technical, nonsubstantive amendments to correct drafting errors.

As affirmed by the record of votes of the members of your Committee on Judiciary that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1114, H.D. 1, as amended herein, and recommends that it be referred to the Committee on Finance in the form attached hereto as H.B. No. 1114, H.D. 2.

 

Respectfully submitted on behalf of the members of the Committee on Judiciary,

 

____________________________

SYLVIA LUKE, Chair