Report Title:
Kikala Keokea, Appropriation
Description:
Appropriates $2,684,000 for Kikala Keokea subdivision on Hawaii.
THE SENATE |
S.B. NO. |
586 |
TWENTY-FIRST LEGISLATURE, 2001 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
MAKING AN APPROPRIATION FOR KIKALA KEOKEA SUBDIVISION.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Volcanic eruptions claimed the town of Kalapana and destroyed one of the last Hawaiian settlements on the island of Hawaii. The legislature recognized the need to find a place for the displaced residents of this community to allow them to maintain their common heritage and implemented legislation to award them long-term leases in the Kikala-Keokea homestead area.
The purpose of this Act is to appropriate $2,684,000 for a housing loan revolving program and other expenses related to home construction for the Kikala-Keokea leaseholders who have been denied loans from traditional financial institutions, to be administered by the housing and community development corporation and the Hawaii county economic opportunity council.
SECTION 2. There is hereby established in the state treasury a Kikala-Keokea housing revolving fund to provide low interest loans for home construction for Kikala-Keokea leaseholders who have been denied loans from traditional financial institutions. The revolving fund shall be administered by the housing and community development corporation of Hawaii.
SECTION 3. There is appropriated out of the general revenues of the State of Hawaii the sum of $2,684,000, or so much thereof as may be necessary for fiscal year 2001-2002, for costs related to providing housing on Kikala-Keokea leasehold property as follows:
Kikala-Keokea housing revolving fund: $2,160,000
Grading: 200,000
Planning and design: 40,000
Construction supervisor: 124,000
Project manager: 75,000
Administrative assistant: 45,000
Clerk: 30,000
Equipment rental/lease: 1,500
Vehicle maintenance and repair: 3,000
Utilities and office expenses: 5,000
Travel: 200
Workshop training: 300
SECTION 4. The sum appropriated shall be expended by the housing and community development corporation for the purposes of this Act, and shall include transferring $2,160,000 from the appropriation to the Kikala-Keokoa housing revolving fund.
SECTION 5. This Act shall take effect on July 1, 2001.
INTRODUCED BY: |
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