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HI SCR177
Concurrent Resolution
Status
4/12/2013
Primary Sponsor
Donovan Cruz
Click for details
AI Summary
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Urges the State of Hawaii to purchase 123 parcels of agricultural land totaling approximately 22,500 acres from Dole Food Company, Inc.
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Sets asking price for the land purchase between $175,000,000 and $200,000,000, to be funded through general obligation bonds and revenue bonds.
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Specifies that bonds would be repaid from tenant leases and revenues from the Waiahole Ditch on the acquired property.
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Identifies lands suitable for conservation or preservation to be transferred to the Department of Land and Natural Resources.
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Cites Hawaii's constitutional mandate to conserve agricultural lands and the state's goal of increasing food self-sufficiency, as Hawaii currently imports 85-90 percent of its food.
Legislative Description
Dole Food Company Inc.; Purchase; Agricultural Land
Last Action
Referred to AGR/WAL, FIN, referral sheet 54
4/15/2013