Monday, March 4, 2013

House Advances Bill for Purchase of Lipoa Point | Maui Now

House Advances Bill for Purchase of Lipoa Point | Maui Now

The state House unanimously passed a bill out of its chamber for the purchase of land at Lipoa Point on Maui for permanent preservation.
The measure would appropriate general obligation bonds for the Department of Land and Natural Resources, in consultation with the Hawaiian Islands Land Trust, to purchase the parcel.

“Since 2007, the Mayor and the Council have consistently pledged $1 million for the acquisition of this land, but we cannot do it alone,” said Council Chair Gladys Baisa, who commended the house for passing the bill.
“The parcel was pledged against a pension fund,” said Baisa.  Passage of this measure, she said, would not only ensure preservation and protection, but would also ensure the safety of pension benefits for hundreds of Maui Land & Pineapple Company retirees.

The measure now moves on to the Senate for consideration.

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