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  • Hokulia Update

    Well it appears the Hokulia exemption is dead and there is
    not legislative fix on the horizon to resolve this issue. I just
    read this on the front page of West Hawaii Today today.
    It seems the lot owners have two choices according to the article
    sue the 4,400 lot owners statewide using the same tatic PKO
    used against Hokulia or sue [and bankrupt] the county of Hawaii.
    Check out my blog on Kona issues :
    The Kona Blog

  • #2
    Re: Hokulia Update

    http://the.honoluluadvertiser.com/ar.../op/op01p.html

    Posted on: Monday, March 28, 2005

    EDITORIAL
    Hokuli'a case making waves at Legislature

    A luxury development halted 18 months ago by a Big Island judge is now the focus of a possible $200 million lawsuit and some interesting remedies being discussed by lawmakers.

    We don't blame the 100 prospective residents for being upset enough to sue. They spent an average of $1 million each for Hokuli'a home lots, only to see Kona Circuit Judge Ronald Ibarra halt the project.

    The ruling was devastating. It jeopardized the jobs of scores of workers, froze building plans of home-lot buyers, and deprived the developers of any return on their $300 million investment. It may throw the legitimacy of other, similar properties, mainly on the Big Island, into doubt.

    But it's the law. In a September 2003 ruling that seemed reasonable and proper, Ibarra ordered a halt to the project after finding that the developers had failed to gain Land Use Commission approval.
    --
    Aloha, from Kailua-Kona, Hawaii
    Yahoo Messenger ID # Konaguy76
    Check out my blog on Kona issues :
    The Kona Blog

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    • #3
      Re: Hokulia Update

      Not that it means anything, but did anyone notice June Jones wearing a Hokuli'a hat on the first day of spring practice on Tuesday???

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      • #4
        Re: Hokulia Update

        Maybe he's one of the frustrated lot owners. UH sure pays him enough that he could afford it.

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        • #5
          Re: Hokulia Update

          There is a Golf Course there, maybe he played golf there
          Check out my blog on Kona issues :
          The Kona Blog

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