Hawaii Revised Statutes 171-95.1 – Authority of board to extend leases under certain circumstances
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Terms Used In Hawaii Revised Statutes 171-95.1
- Board: means the board of land and natural resources. See Hawaii Revised Statutes 171-1
- District: means the land district as constituted under this chapter. See Hawaii Revised Statutes 171-1
- Land: includes all interests therein and natural resources including water, minerals, and all such things connected with land, unless otherwise expressly provided. See Hawaii Revised Statutes 171-1
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- lease: means a residential lease made by the board of land and natural resources under this part. See Hawaii Revised Statutes 171-71
Notwithstanding the lease restrictions established pursuant to section 171-36, the board may, without public auction, extend a public land lease that is issued to a school or government entity pursuant to section 171-95 beyond the sixty-five year maximum lease term. The authority established pursuant to this section to extend a lease shall not apply to any lease to the University of Hawaii of lands within a conservation district of which the University of Hawaii has subleased a portion for the purpose of constructing an astronomical observatory.