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HI SR135

Resolution

Official Source

Status

Introduced

3/7/2025

Primary Sponsor

Tim Richards

Click for details

Origin

Senate

2025 Regular Session

AI Summary

  • Requests the Director of Finance to issue general obligation bonds to finance the Agribusiness Development Corporation's purchase of fee simple interest in the North Kohala Kynnersly east site land parcel
  • Land parcel comprises three tax map keys: (3) 5-3-4:19, (3) 5-4-11:18, and (3) 5-4-11:48
  • Intended to support agricultural development, reduce reliance on imported goods, preserve cultural heritage, and create local employment opportunities in North Kohala, Hawaii Island
  • Emphasizes the Agribusiness Development Corporation's expertise in managing and developing agricultural lands for sustainable farming practices and rural community benefit
  • 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

Committee Referrals

Economic Development and Technology3/12/2025

Full Bill Text

No bill text available