Establishes the Waiakea peninsula community development district and transfers land and leases to the Hawaii community development authority.
The bill establishes the Waiakea peninsula community development district in east Hawaii, aiming to enhance the area's economic, cultural, and social value. It transfers title to all lands and existing leases within the district to the Hawaii community development authority. The authority will manage the district, coordinate with county and state policies, and ensure development aligns with climate-resilient and sustainable practices. The authority will consist of various officials and appointees, including representatives from the district and small business owners.
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