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HI SCR166
Concurrent Resolution
Status
3/7/2025
Primary Sponsor
Tim Richards
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AI Summary
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Requests the Director of Finance to issue general obligation bonds to finance the Agribusiness Development Corporation's purchase of the North Kohala Kynnersly east site land parcel.
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Identifies three specific tax map keys for the land parcels: (3) 5-3-4:19, (3) 5-4-11:18, and (3) 5-4-11:48.
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Cites North Kohala's unique climate, fertile soils, and natural resources as valuable for agricultural development and reducing the state's reliance on imported goods.
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Emphasizes the Agribusiness Development Corporation's expertise in managing and developing agricultural lands to support sustainable farming practices, rural employment, and food self-sufficiency.
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Requires certified copies of the resolution to be transmitted to the Director of Finance and the Executive Director of the Agribusiness Development Corporation.
Legislative Description
Requesting The Director Of Finance To Issue General Obligation Bonds For The Purpose Of Financing The Agribusiness Development Corporation's Purchase Of The Fee Simple Interest In The North Kohala Kynnersly East Site Land Parcel For Agricultural Development.
General Obligation Bonds
Last Action
Referred to EDT, WAM.
3/12/2025