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HI HB2185
Bill
Status
1/23/2014
Primary Sponsor
Scott Saiki
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AI Summary
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Authorizes the Board of Land and Natural Resources to exchange 12 state-owned parcels on Oahu (identified by specific tax map keys) for approximately 80 parcels of agricultural and conservation land owned by Dole Food Company, Inc.
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Requires the value of state lands at highest and best use to equal the value of Dole lands exchanged, though acreage need not be equal.
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Establishes the East Kapolei community development district to include the 12 state parcels being exchanged.
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Creates the Whitmore project facility revenue bond special fund within the state treasury to receive proceeds from revenue bonds for purchasing Dole Food Company lands.
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Appropriates funds from the special fund for fiscal year 2014-2015 to acquire the specified Dole lands, to be administered by the Agribusiness Development Corporation.
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Effective date: July 1, 2014.
Legislative Description
Exchange for Conservation Lands; Whitmore Project Facility Revenue Bond Special Fund; Dole Food Company; East Kapolei Community Development District; Appropriation ($)
Last Action
The committee(s) on AGR/WAL recommend(s) that the measure be deferred.
2/6/2014