summary
Introduced
01/16/2025
01/16/2025
In Committee
02/11/2025
02/11/2025
Crossed Over
Passed
Dead
Introduced Session
2025 Regular Session
Bill Summary
Authorizes the issuance of general obligation bonds for the purchase of the real property located at 64-486 Kamehameha Highway on the North Shore of Oahu. Effective 7/1/3000. (HD1)
AI Summary
This bill authorizes the issuance of general obligation bonds to purchase a specific piece of real property located at 64-486 Kamehameha Highway on the North Shore of Oahu, known locally as "weed circle". The legislature believes this land purchase is crucial for implementing the North Shore Sustainable Communities Plan and creating a park and ride shuttle service that would reduce traffic congestion and improve local residents' quality of life. The bill specifically empowers the director of finance to issue general obligation bonds (a type of government debt) for fiscal year 2025-2026 to fund the property acquisition, with the funds to be expended by the department of transportation. The bill notes that the purchased land is intended to serve as a primary parking hub for residents and visitors to access the planned shuttle service. While the bill includes a somewhat humorous effective date of July 1, 3000, this is likely a placeholder and would typically mean July 1 of the next fiscal year. The property's specific tax map key (TMK) is identified as 1-6-4-001-015, which helps precisely locate the parcel of land to be purchased.
Committee Categories
Budget and Finance, Transportation and Infrastructure
Sponsors (1)
Last Action
Carried over to 2026 Regular Session. (on 12/08/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
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