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HI SB2702
Bill
Status
3/4/2014
Primary Sponsor
Brickwood Galuteria
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AI Summary
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Extends the authorization for the Department of Budget and Finance to issue special purpose revenue bonds to Honolulu Seawater Air Conditioning, LLC from June 30, 2014 to June 28, 2019.
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Authorizes bonds for the design and construction of a seawater air conditioning district cooling system in downtown Honolulu.
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Permits the department to refund previously issued special purpose revenue bonds and refunding bonds under the authorization through the extended deadline.
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Bond authorization lapse date moved from June 30, 2014 to June 28, 2019, providing an additional five years for project development.
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Effective June 29, 2014.
Legislative Description
Special Purpose Revenue Bond; SPRB; Seawater Air Conditioning ($)
Last Action
Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Tokioka, Ward, Yamane excused (3).
3/21/2014