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(2) F,stablish a plan for the designated area, including district-wide improvenients, that is coordinated \vith state and county land use and planning policies; and (3) hirplement asset and property nianagerrient concepts th,�a can optimize income fron) the properties and evolve in response to changing principles of property a(inliaistration. PART T I SECTION 2 . Chapter 171 , Hawaii Revised Statutes, is amended by adding as new part to be appropriately designated and to read as follows : "PART . PUBLIC LANDS REDEVELOPMENT 5171-A Definitions . As used in this part, unless the context, requires otherwise : "Planning committee" or "committee" means the policy-making committee established for a redevelopment district pursuant to section 171-C . "Premises" means the property that is being leased or rented in as designated district . "Public facilities" include streets and highways, storm drainage systems, water systems, street lighting systems, off-street parking facilities, and sanitary sewerage systems . "Redevelopment district " ct "designated district" means an area of public lands designated for: redevelopment pursuant to section 171-B . §171-B Designation of redevelopment district; boundaries; transfer to the committee. (a ) The legislature shall designate redevelopment districts by law for any area of public lands classified as commercial and industrial; hotel , apartment, and motel ; or resort use pursuant to section 171 -10, if the legislature determines that there is a need for planning, development , or redevelopment because the buildings and infrastructure in the area are dilapidated or have deteriorated due to age or. obsolescence . (b) The designation shall specify the boundaries of the redevelopment district . (c) The law designating the redevelopment distr0t shall transfer the management of the publtc lands within the district to the planning committee for the designated district ; provided that any lessee or