Report Title:

Bonds; Bishop Museum

 

Description:

Authorizes the issuance of, and appropriates, $5,000,000 in general obligation bonds for each of the fiscal years 2001-2002 and 2002-2003 to support the relocation of Bishop Museum's Science Learning Center. (SD1)

 

THE SENATE

S.B. NO.

1033

TWENTY-FIRST LEGISLATURE, 2001

S.D. 1

STATE OF HAWAII

 


 

A BILL FOR AN ACT

 

AUTHORIZING THE ISSUANCE OF GENERAL OBLIGATION BONDS AND MAKING AN APPROPRIATION FOR THE BERNICE PAUAHI BISHOP MUSEUM, OAHU.

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

SECTION 1. The director of finance is authorized to issue general obligation bonds in the sum of $5,000,000, or so much thereof as may be necessary for fiscal year 2001-2002, and the sum of $5,000,000, or so much thereof as may be necessary for fiscal year 2002-2003, and the same sums, or so much thereof as may be necessary, are appropriated for fiscal years 2001-2002, and 2002-2003, respectively, for the following project for the Bernice Pauahi Bishop Museum's Science and Learning Center, which is designated the State of Hawaii Museum of Natural and Cultural History.

Fiscal Year Fiscal Year

2001-2002  2002-2003 

Relocation of the

Bernice Pauahi Bishop

Museum's Science and

Learning Center to Kakaako Makai:

Plans, construction, and

equipment for one or

more buildings housing

the facilities,

administration areas,

and exhibits of the

Bernice Pauahi Bishop

Museum. $5,000,000 $5,000,000

SECTION 2. The appropriations made for capital improvement projects authorized in this Act shall not lapse at the end of the fiscal biennium for which the appropriations are made; provided that all appropriations which are unencumbered as of June 30, 2004, shall lapse as of that date.

SECTION 3. The sums appropriated shall be expended by the Hawaii community development authority through a grant pursuant to chapter 42D, Hawaii Revised Statutes, for the purposes of this Act.

SECTION 4. This Act shall take effect on July 1, 2001.