SB1657 amends the Agribusiness Development Corporation's powers to include acquiring property and issuing condemnations.
SB1657 amends the Agribusiness Development Corporation's powers to include acquiring property and issuing condemnations. The corporation can now acquire real property, including fixtures and improvements, for its immediate or future use. It can also acquire property already devoted to public use and property held by organizations benefiting people of Hawaiian ancestry. The bill also allows the corporation to make and execute contracts, adopt rules, and procure insurance. The corporation must ensure all water usage complies with state laws.
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