Jocelyn

If you read this bills section 4, which covers the General Terms of the lease HRS171-35, you see:
171-35 Lease provisions; generally. Every lease issued by the board of land and natural resources shall contain:  
(1) The specific use or uses to which the land is to be employed;
(2) The exact commencement and termination dates for the lease, and the term and type of notice required to exercise any renewal option, if applicable

(1) should lay to rest concerns about lack of supervision of a lease by the board
and
(2) clearly states that there are no "perpetual leases" as a current PR campaign is trying to popularize as a rallying point.  The "term and type of notice required to exercise any renewal option" means that the  board, at the inception of the lease, must approve a specific formula for any future renewal of the lease.  Meaning the board controls the terms.  At some point we have to allow for government officials to have the ability to make decisions.