Authorizes issuance of bonds to finance the purchase of agricultural land in North Kohala, Hawaii.
The bill authorizes the issuance of general obligation bonds to finance the purchase of agricultural land in North Kohala, Hawaii. The bonds will be issued by the director of finance and the funds will be appropriated to the agricultural development corporation. The corporation will use the funds to purchase parcels of land identified by specific tax map keys. The purpose is to support the development of sustainable agricultural practices, create job opportunities, and increase food self-sufficiency in the region.
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