HOUSE OF REPRESENTATIVES

H.B. NO.

1497

THIRTIETH LEGISLATURE, 2019

H.D. 3

STATE OF HAWAII

S.D. 1

 

 

 

 

 

A BILL FOR AN ACT

 

 

RELATING TO THE HAWAII COMMUNITY DEVELOPMENT AUTHORITY.

 

 

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

 


SECTION 1. Chapter 206E, Hawaii Revised Statutes, is amended by adding a new part to be appropriately designated and to read as follows:

"Part    . STADIUM DEVELOPMENT DISTRICT

206E-   Stadium development district; purpose; findings. The legislature finds that the aloha stadium and lands under the jurisdiction of the stadium authority and department of accounting and general services are underutilized. The stadium facility has been in dire need of significant repair and maintenance for many years. The stadium authority has considered repairing, upgrading, and replacing the existing facility to optimize the public's enjoyment and ensure public safety. Redeveloping, renovating, or improving these public lands in a manner that will provide suitable recreational, residential, educational, and commercial areas where the public can live, congregate, recreate, attend schools, and shop as part of a thoughtfully integrated experience, is in the best interests of the State and its people.

This part establishes the stadium development district to make optimal use of public land for the economic, residential, educational, and social benefit of the people of Hawaii.

The legislature finds that the jurisdiction of the Hawaii community development authority shall include development within the stadium development district. Any development within the district shall require a permit from the authority.

206E-   Definitions. As used in this part, unless the context otherwise requires:

"District" means the stadium development district established by this part.

206E-   District; established; authority's duties within the district. (a) The stadium development district is established and shall be composed of all land under the jurisdiction of the stadium authority established pursuant to section 109-1.

(b) The authority shall facilitate the development of all property belonging to the State within the district; provided that development is carried out in accordance with any county transit-oriented development plans for lands surrounding the district. In addition to any other duties that the authority may have pursuant to this chapter, the authority's duties shall include:

(1) Coordinating with the federal government regarding the ownership and use of, or restrictions on, properties within the district that were previously owned or are currently owned by the federal government;

(2) Coordinating with other state entities during the conveyance of properties and conducting remediation activities for the property belonging to the State within the district;

(3) Developing the infrastructure necessary to support the development of all property belonging to the State within the district; and

(4) Providing, to the extent feasible, maximum opportunity for the reuse of property belonging to the State within the district by private enterprise or state and county government.

206E-   Development guidance policies. The following shall be the development guidance policies generally governing the authority's actions in the district:

(1) Development shall be in accordance with any county transit-oriented development plan, unless modified by the authority pursuant to paragraph (2);

(2) With the approval of the governor, the authority, upon the concurrence of a majority of its voting members, may modify and make changes to a transit-oriented development plan with respect to the district to respond to changing conditions; provided that before amending a transit-oriented development plan, the authority shall conduct a public hearing to inform the public of the proposed changes and receive public input;

(3) The authority shall seek to promote economic development and employment opportunities by fostering diverse land uses and encouraging private sector investments that use the opportunities presented by the high-capacity transit corridor project consistent with the needs of the public, including mixed use housing and housing in transit-oriented developments;

(4) The authority may engage in planning, design, and construction activities within and outside the district; provided that activities outside the district shall relate to infrastructure development, area-wide drainage improvements, roadway realignments and improvements, business and industrial relocation, and other activities the authority deems necessary to carry out development of the district and implement this part. The authority may undertake studies or coordinating activities in conjunction with the county and appropriate state agencies and may address facility systems, industrial relocation, and other activities;

(5) Hawaiian archaeological, historic, and cultural sites shall be preserved and protected;

(6) Endangered species of flora and fauna shall be preserved as required by state and federal law;

(7) Land use and development activities within the district shall be coordinated with and, to the extent possible, complement existing county and state policies, plans, and programs affecting the district; and

(8) Public facilities within the district shall be planned, located, and developed to support the development policies established by this chapter for the district and rules adopted pursuant to this chapter."

SECTION 2. There is appropriated out of the general revenues of the State of Hawaii the sum of $50,000,000 or so much thereof as may be necessary for fiscal year 2019-2020 for the establishment and development of the stadium development district for public use.

The sum appropriated shall be expended by the Hawaii community development authority for the purposes of this Act; provided that the appropriation shall not lapse at the end of the fiscal year for which the appropriation is made; provided further that all moneys unencumbered as of June 30, 2022, shall lapse as of that date.

SECTION 3. The legislature finds and declares that the issuance of revenue bonds pursuant to part III, chapter 39, Hawaii Revised Statutes, under this Act is in the public interest and for the public health, safety, and general welfare. Accordingly, the Hawaii community development authority, with the approval of the governor, may issue in one or more series revenue bonds in a total amount not to exceed $150,000,000 for the Hawaii community development authority to implement the stadium development district and build a new stadium as provided for in part      , chapter 206E, Hawaii Revised Statutes.

The proceeds of the revenue bonds shall be deposited into the Hawaii community development revolving fund created in section 206E-16, Hawaii Revised Statutes.

The revenue bonds authorized under this Act shall be issued pursuant to part III, chapter 39, Hawaii Revised Statutes. The authorization to issue revenue bonds under this Act shall lapse on June 30, 2024.

SECTION 4. The director of finance is authorized to issue general obligation bonds in the sum of $150,000,000 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 2019-2020 to the Hawaii community development authority to build a new stadium.

SECTION 5. Any law to the contrary notwithstanding, the appropriation for the capital improvement project under section 30 of Act 49, Session Laws of Hawaii 2017, as amended by section 5 of Act 53, Session Laws of Hawaii 2018, in the amounts indicated or balances thereof, unallotted, allotted, unencumbered, or encumbered and unrequired, is hereby lapsed:

"Item No. Amount (MOF)

H 18 $10,000 C"

SECTION 6. The director of finance is authorized to issue general obligation bonds in the sum of $9,405,252 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 2019-2020 to the Hawaii community development authority to build a new stadium.

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

SECTION 7. The appropriation made for the capital improvement project authorized by sections 4 and 6 of 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, 2022, shall lapse as of that date.

SECTION 8. This Act shall take effect on January 1, 2050.



 

Report Title:

HCDA; Stadium Authority; Stadium Development District; Appropriation

 

Description:

Establishes the Stadium Development District comprising all state land under the Stadium Authority's jurisdiction. Authorizes HCDA to facilitate the development of all state property within the District including building a new stadium. Authorizes the issuance of revenue bonds and general obligation bonds. Appropriates funds. Effective 1/1/2050. (SD1)

 

 

 

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