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Lawmakers covet land at schools for revenue

Redeveloping parcels underused by pupils might fare better than has the PLDC

By Derrick DePledge

POSTED: 01:30 a.m. HST, Jan 13, 2013

~~<p>With the Public Land Development Corp. stuck in political quicksand, state lawmakers are returning to the narrower idea of redeveloping land around public schools to generate new revenue for the state.</p>
<p>Lawmakers are drafting a bill that would create an education facilities trust that could lease out underutilized public school land for workforce housing or other commercial projects. The state would use the money from redevelopment to modernize public schools with broadband and other infrastructure that is part of the Information Age.</p>
~~

With the Public Land Development Corp. stuck in political quicksand, state lawmakers are returning to the narrower idea of redeveloping land around public schools to generate new revenue for the state.

Lawmakers are drafting a bill that would create an education facilities trust that could lease out underutilized public school land for workforce housing or other commercial projects. The state would use the money from redevelopment to modernize public schools with broadband and other infrastructure that is part of the Information Age. Login for more...



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