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HomeMy WebLinkAboutREP EDC 026 08/25/1987 1984-1988 411 REPORT 0 F THE 0 COMMITTEE ON ECONOMIC DEVELOPMENT DATE: August 25 , 1987 PLACE : Councilroom TIME: 10 :00 a.m. Chairman and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Economic Development, to which was referred /Resolution No. 339-87 , reports as follows: The purpose of this resolution is to urge the State Legislature to take action and reach a compromise to deliver a convention center site within or next to Waikiki by the end of the next legislative session. The Committee recognizes that a convention center would enhance economic development throughout the State by stimulating existing industries and diversifying the economy. Economic benefits include the creation of thousands of new jobs, the expansion of tax revenues and an increase in new direct and indirect convention business spending . The Committee believes that a convention center would have positive overtones on the County. Your Committee concurs with Resolution No . 339-87 and recommends its adoption . RRA E R. INIFAKU-INOUY' , CH, RWOMAN ' r P (ABSENT & EXCUSED) � SSELL S . KOKUB' N, VICE CHAIRMAN JAMES L. K. DAHLBERG, ME AU1140‘ 11-At% MER ,E K . MEMB R FRANK DE LUZ , III, MEMBERLAI, LA/CM 26 EDC. REPORT NO . ADOPTED: SEP 2 NM