Bill > HB1847

This bill establishes the Banyan Drive Community Development District, recognizing the underutilized potential of the Waiakea peninsula area in Hawaii and aiming to revitalize it through improved safety, public facilities, and economic and tourism development. It creates a Banyan Drive redevelopment agency, headed by a chairperson appointed by the Hawaii Community Development Authority (HCDA), to implement redevelopment plans. The bill outlines development guidance policies focusing on cultural activities, community facilities, sustainable growth, preservation of cultural sites, coordination with existing plans, climate change resilience, and mobility solutions. It also grants the HCDA powers to secure federal financial aid, borrow money, issue bonds, and enter into contracts for development projects. A special fund, the Banyan Drive Community Development District Special Fund, will be established to hold revenues and moneys for the district's administration and operation. Furthermore, the bill amends existing law to include the chairperson of the Banyan Drive redevelopment agency and two representatives from the Banyan Drive district on the HCDA board, and appropriates funds for rule adoption, environmental assessments, and the special fund.

Agriculture and Natural Resources

https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=HB&billnumber=1847&year=2026