Laserfiche WebLink
y: <br /> j' <br /> DAVID Y.IGE +3 E CRAIG K.HIRAI <br /> GOVERNOR � '` � DIRECTOR <br /> ROBERT YU <br /> DEPUTY DIRECTOR <br /> STATE OF HAWAII <br /> DEPARTMENT OF BUDGET AND FINANCE ADMINISTRATIVE AND RESEARCH OFFICE <br /> EMPLOYEES'RETIREMENT SYSTEM BUDGET.PROGRAM PLANNING AND <br /> HAWAII EMPLOYER-UNION HEALTH BENEFITS TRUST FUND P.O.BOX 150 MANAGEMENT DIVISION <br /> OFFICE OF THE PUBLIC DEFENDER FINANCIAL ADMINISTRATION DIVISION <br /> HONOLULU, HAWAII 96810-0150 OFFICE OF FEDERAL AWARDS MANAGEMENT(OFAM) <br /> WRITTEN ONLY <br /> TESTIMONY BY CRAIG K. HIRAI <br /> DIRECTOR, DEPARTMENT OF BUDGET AND FINANCE <br /> TO THE HOUSE COMMITTEE ON WATER, LAND, AND HAWAIIAN AFFAIRS <br /> ON <br /> HOUSE BILL NO. 2578 <br /> February 12, 2020 <br /> 10:30 a.m. <br /> Room 325 <br /> RELATING TO PUBLIC LANDS <br /> The Department of Budget and Finance offers comments on House Bill (H.B.) <br /> No. 2578. <br /> H.B. No. 2578: establishes a framework to identify areas of public lands that are <br /> classified as commercial, industrial, resort, and hotel parcels in need of revitalization; <br /> provides for redevelopment of the parcels; creates a nine-member planning committee <br /> for each redevelopment district to provide policy direction and prepare a redevelopment <br /> plan; authorizes a local redevelopment agency to contract with a developer for <br /> construction of non-residential projects within a redevelopment area; establishes a <br /> revolving fund for each redevelopment district that would generate revenues through <br /> 50% of the income, revenues and receipts from the public lands in the redevelopment <br /> district, legislative appropriations, grants, gifts, and other funds; creates the Waiakea <br /> Peninsula Redevelopment District on the island of Hawaii, the Waiakea Peninsula <br /> Redevelopment District Planning Committee, and the Waiakea Peninsula <br /> Redevelopment District Revolving Fund; and appropriates an unspecified sum of <br /> No.1 Capitol District Building,250 S. Hotel Street, Honolulu,Hawaii 96813 <br />