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COUNTY OF HAWAII : STATE OF HAWAII <br /> RESOLUTION NO. 303 12 <br /> A RESOLUTION URGING THE 2013 HAWAII STATE LEGISLATURE TO REPEAL <br /> CHAPTER 171C OF THE HAWAII REVISED STATUTES TO EFFECTIVELY <br /> ABOLISH THE PUBLIC LAND DEVELOPMENT CORPORATION. <br /> WHEREAS, on May 3, 2011, the Hawai`i State Legislature approved SB1555 SD2 HD2 <br /> CD1, to create the Public Land Development Corporation ("corporation"), which was signed into <br /> law(Act 055) by the Honorable Governor Neil Abercrombie on May 20, 2011, which was then <br /> codified as Chapter 171C of the Hawai`i Revised Statutes ("HRS 171C"); and <br /> WHEREAS, HRS 171C-4, subsection (a), in part, defines the powers of the Public Land <br /> Development Corporation as (underscoring for emphasis only): <br /> "(a) Except as otherwise limited by this chapter, the corporation may: <br /> (7) Acquire or contract to acquire by grant or purchase: <br /> (A) All privately owned real property or any interest therein and the improvements <br /> thereon, if any, that are determined by the corporation to be necessary or <br /> appropriate for its purposes under this chapter, including real property together <br /> with improvements, if any, in excess of that needed for such use in cases where <br /> small remnants would otherwise be left or where other justifiable cause <br /> necessitates the acquisition to protect and preserve the contemplated <br /> improvements, or public policy demands the acquisition in connection with such <br /> improvements; and <br /> (10) In cooperation with any governmental agency, or otherwise through direct investment or <br /> coventure with a professional investor or enterprise or any other person, or otherwise, <br /> acquire, construct, operate, and maintain public land facilities, including but not limited <br /> to leisure, recreational, commercial, residential, time share, hotel, office space, and <br /> business facilities, at rates or charges determined by the corporation; <br /> (11) Assist developmental, recreational, and visitor-industry related enterprises, or projects <br /> developed or managed by the corporation, by conducting detailed marketing analysis and <br /> developing marketing and promotional strategies to strengthen the position of those <br /> enterprises and to better exploit local, national, and international markets; <br /> (18) Issue bonds to finance the cost of a project and to provide for the security thereof, in the <br /> manner and pursuant to the procedure prescribed in this chapter; <br /> (19) Subject to approval by the department, assume management responsibilities for small <br /> boat harbors in accordance with chapter 200 and any rules adopted pursuant thereto for <br /> periods not to exceed one year; <br /> (20) Recommend to the board of land and natural resources the purchase of any privately <br /> owned properties that may be appropriate for development"; and <br /> WHEREAS, HRS 171C-4, subsection (c)reads: <br /> "(c) The powers conferred herein shall be liberally construed to effectuate the <br /> purposes of this chapter"; and <br />