HI SB3317

Director of finance authorized to issue $10,740,000 in general obligation bonds for fiscal year 2022-2023 for Iolani Palace capital improvement projects.

Roof repairs and improvements: $400,000 design and $2,000,000 construction ($2,400,000 total).

HVAC system replacement and improvements: $300,000 design and $2,500,000 construction ($2,800,000 total).

Electrical system assessment and improvements: $100,000 design and $450,000 construction ($550,000 total).

Fire suppression system assessment and installation: $400,000 design and $2,300,000 construction ($2,700,000 total); structural assessment of walls, lanais, and basement: $40,000 design and $100,000 construction ($140,000 total); emergency generator and switchgear: $150,000 design and $2,000,000 construction ($2,150,000 total).

Appropriations do not lapse at end of fiscal biennium but all unencumbered funds lapse as of June 30, 2024.

Department of Land and Natural Resources to expend funds for projects; Act takes effect July 1, 2022.