166-5 Joint ventures.

HI Rev Stat § 166-5 (2019) (N/A)
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§166-5 Joint ventures. Any agricultural park developed by the department in partnership with a federal agency, a county, or a private party shall be subject to a partnership agreement approved by the board of agriculture, which agreement shall provide, at a minimum:

(1) A determination by the board that it is in the public interest to enter into the partnership agreement;

(2) Long-term assurance that the land will be utilized for agricultural or aquacultural purposes;

(3) Board approval of the agricultural park development plans and specifications;

(4) Selection and management of lessees in a manner approved by the board; and

(5) Conditions to ensure a public benefit from any state funds expended for the project. [L 1986, c 222, pt of §1; am L 1988, c 22, §1; am L 1990, c 52, §2; am L 1993, c 102, §2]