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HI HB1261
Bill
Status
1/27/2021
Primary Sponsor
Mark Nakashima
Click for details
AI Summary
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Department of Land and Natural Resources shall lease the property at 29-169 Kulaiwi Road (old Hakalau school site) in south Hilo, Hawaii island (TMK (3) 2-9-002:005) to the Wailea Village Historic Preservation Community for twenty years.
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Lease term runs from July 1, 2021 through June 30, 2041, with annual rent amount to be deposited to the State's general revenues (specific amount not specified in bill).
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Lessee must provide adequate property insurance, accept all liability for the property, and assume responsibility for any necessary hazardous waste mitigation.
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Lease is offered "as is" without state remediation of environmental conditions.
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Act takes effect January 1, 2050 (after the lease period has already ended).
Legislative Description
Relating To The Department Of Land And Natural Resources.
Wailea Village Historic Preservation Community
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) Har, Kong, Matayoshi excused (3).
2/19/2021