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Delay proposed to Turtle Bay deal

More time is needed to vet an agreement on preserving land, state Rep. Souki says

By Derrick DePledge

POSTED: 01:30 a.m. HST, Apr 25, 2014

~~<p>State House Speaker Joseph Souki suggested Thursday evening that the decision on whether the state should spend $40 million to preserve land near Turtle Bay Resort could wait until next session.</p>
<p>Gov. Neil Abercrombie had announced last week that the state, the city and a private trust had agreed to spend $48.5 million for a conservation easement that would protect 665 acres from future development. Replay Resorts Inc., the resort's developers, would be able to build two new hotels and oceanfront homes, but the agreement would strip 650 homes from the development blueprint.</p>
~~

State House Speaker Joseph Souki suggested Thursday evening that the decision on whether the state should spend $40 million to preserve land near Turtle Bay Resort could wait until next session.

Gov. Neil Abercrombie had announced last week that the state, the city and a private trust had agreed to spend $48.5 million for a conservation easement that would protect 665 acres from future development. Replay Resorts Inc., the resort's developers, would be able to build two new hotels and oceanfront homes, but the agreement would strip 650 homes from the development blueprint. Login for more...



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