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The settlement represents nearly three decades of work towards an agreement. It conveys contiguous and adjacent parcels in Kaka’ako Makai valued at $200 million to OHA to help in resolving the dispute over past due revenues. The parcels include Fisherman’s Wharf.

One the eve of the bill signing, Senator J. Kalani English of Maui said he was looking forward to the ceremony. He said although it “symbolizes a small amount of justice for the Hawaiian community, it is still a monumental day to be celebrated.”

The bill signing ceremony will take place at Washington Place, home of Hawai’i’s last reigning monarch Queen Liliu’okalani.

The Hawaii State Senate cast a 24 to 1 vote in favor of advancing a $200 million ceded lands settlement proposal. The bill now advances to the state House for further review.

The $200 million settlement involves the proposed conveyance of land at Kaka’ako Makai to the Office of Hawaiian Affairs.