H.C.R. NO. 69 - Summary

• Authorizes the Board of Land and Natural Resources to issue a lease for state submerged lands at Piers 24 to 26 in Honolulu Harbor to Pacific Shipyards International.

• Lease covers 91,350 square feet of submerged lands identified as "LOT 12" across multiple tax map keys (1-5-38-1 through 1-5-38-74, various portions).

• Lease term will match the term of the ground lease for adjacent fast lands, with submerged lands to be used for shipyard drydock operations and vessel repairs.

• Relocation enables Pacific Shipyards International to move from Pier 41 to make way for development of the Kapalama Container Terminal as part of the Honolulu Harbor Master Plan.

• Requires prior approval by the Governor and legislative authorization through concurrent resolution per Hawaii Revised Statutes section 171-53.