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(3) Allow the Board ofLand and Natural Resources to issue a rent waiver or redaction for certain lessees' <br /> expciiscs relating to the den-iolition or provision ofbasic infrastrUc(ure; <br /> (4) Authorize a local redevelopment agency to contmct NAM a developer for construction of non-residential <br /> projects on public land within a redevelopment area; <br /> (5) Exempt the costs of construction work or in'iprovernents ofa redevelopinent project from general excise <br /> and use taxes; and <br /> ((i) Establish the Waiakea Redevelopment District Revolving Fund and appropriate funds for the Waiakea <br /> Redeveloprnent District. <br /> Your Committee received testimony in support of this measure from one <br /> individual . Your Committee received comments on this measure from the <br /> Department of Land and Natural Resources, Department of BudgeL and Finance, <br /> DeparLment of Taxation, Office of Hawaiian Affairs, Mice of the Mayor of <br /> the County of Hawail. , and one indivLdual . <br /> Your Committee finds that there has been little incentive for lessees, <br /> of lands for commercial , industrial, resort, or hotel , apartment, and motel <br /> uses to make major improvenents to their infrastructure . As a result, many <br /> of these areas are dilapidated or have obsolete buildings and structures . <br /> Additionally, the lease Wims for some Jessees with outdated or obsolete <br /> infrastyucture do not require the lessee to remove the <br />