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;
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Terms Used In Hawaii Revised Statutes 166-5

  • county: includes the city and county of Honolulu. See Hawaii Revised Statutes 1-22
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
(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.

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