{"id":25903,"date":"2019-02-09T01:00:14","date_gmt":"2019-02-09T11:00:14","guid":{"rendered":"http:\/\/darkerview.com\/wordpress\/?p=25903"},"modified":"2019-02-08T13:13:12","modified_gmt":"2019-02-08T23:13:12","slug":"sb936-redistrubuting-mauna-kea-special-funds-2-2-2-4","status":"publish","type":"post","link":"https:\/\/darkerview.com\/wordpress\/?p=25903","title":{"rendered":"SB918 on State Land Leases"},"content":{"rendered":"\n<p>Yesterday we discussed <a href=\"https:\/\/darkerview.com\/wordpress\/?p=25884\">SB933 regarding leases<\/a>, today we take a look at the last of the three bills involving the leasing of state land in Hawaii.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"alignright\"><a href=\"https:\/\/darkerview.com\/wordpress\/?attachment_id=25927\"><img decoding=\"async\" loading=\"lazy\" width=\"200\" height=\"200\" src=\"https:\/\/darkerview.com\/wordpress\/wp-content\/uploads\/2019\/02\/CG43-07-14165-DF-200x200.jpg\" alt=\"A mamane tree in the fog atop Mauna Kea\" class=\"wp-image-25927\"\/><\/a><figcaption>A mamane tree in the fog atop Mauna Kea<\/figcaption><\/figure><\/div>\n\n\n\n<p><a href=\"https:\/\/www.capitol.hawaii.gov\/measure_indiv.aspx?billtype=SB&amp;billnumber=918&amp;year=2019\">SB918<\/a> contains a large number of small edits to the Hawaii Statutes.  All with one effect&#8230; Reducing the maximum length of a land lease to 35 rather than 55 years.<\/p>\n\n\n\n<p>Most bills include extensive reasoning for the changes, why the changes are needed, and what the changes would accomplish.  The <a href=\"https:\/\/www.capitol.hawaii.gov\/session2019\/bills\/SB918_.HTM\">text of SB918<\/a> gives no such supporting information.  Why is this change needed?<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>The bill does offer the state one possible advantage.  A shorter lease term would allow renegotiation of lease terms, such as rent, on a more regular basis.  This may allow a better response to economic conditions.  On the other hand, a properly negotiated commercial lease may include some adjustment, such as linking rents to a price index, that would allow adjustment without renegotiation of the lease.  This is standard practice in many lease agreements.<\/p>\n\n\n\n<p>There are no recent incidents where the lease duration has been of notable concern, with one glaring exception.  We are left with only one possible conclusion&#8230;  Again, there appears to be no reason for this bill beyond targeting Mauna Kea issues. <\/p>\n\n\n\n<p>Senator Kahele is targeting the Mauna Kea Science Reserve master lease, attempting to limit the duration upon renewal.  This master lease is shortly to <a href=\"http:\/\/www.bigislandvideonews.com\/2019\/01\/31\/video-mauna-kea-master-lease-update\/\">undergo renegotiation<\/a>.  The University of Hawaii is currently preparing the EIS, which will probably be complete next year.  Expect another round of lawsuits and protests as the master lease is contested.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yesterday we discussed SB933 regarding leases, today we take a look at the last of the three bills involving the leasing of state land in Hawaii. SB918 contains a large number of small edits to the Hawaii Statutes. All with one effect&#8230; Reducing the maximum length of a land lease to 35 rather than 55 &hellip; <a href=\"https:\/\/darkerview.com\/wordpress\/?p=25903\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SB918 on State Land Leases&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":25927,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[21,11,32],"tags":[2632,2635,2638,2061,2631,88],"jetpack_featured_media_url":"https:\/\/darkerview.com\/wordpress\/wp-content\/uploads\/2019\/02\/CG43-07-14165-DF.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/darkerview.com\/wordpress\/index.php?rest_route=\/wp\/v2\/posts\/25903"}],"collection":[{"href":"https:\/\/darkerview.com\/wordpress\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/darkerview.com\/wordpress\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/darkerview.com\/wordpress\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/darkerview.com\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25903"}],"version-history":[{"count":4,"href":"https:\/\/darkerview.com\/wordpress\/index.php?rest_route=\/wp\/v2\/posts\/25903\/revisions"}],"predecessor-version":[{"id":25972,"href":"https:\/\/darkerview.com\/wordpress\/index.php?rest_route=\/wp\/v2\/posts\/25903\/revisions\/25972"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/darkerview.com\/wordpress\/index.php?rest_route=\/wp\/v2\/media\/25927"}],"wp:attachment":[{"href":"https:\/\/darkerview.com\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25903"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/darkerview.com\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25903"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/darkerview.com\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25903"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}