RELATING TO THE BANYAN DRIVE-MAKAOKŪ COMMUNITY DEVELOPMENT DISTRICT.

Summary

The bill establishes a new community development district covering Banyan Drive and surrounding areas on the Waiakea Peninsula, and creates a dedicated special fund to finance its revitalization. It places the district under the Hawaii Community Development Authority, which will appoint a chairperson and add district representatives to the Authority. The measure aims to improve cultural sites, public safety, and infrastructure while allowing the Authority to seek federal aid and issue bonds.

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