Friday, December 2, 2011

Abercrombie touts record bond sale, big changes for Alexander & Baldwin, PUC eases power sales, young state lawmaker recovering from stroke, more news from all the Hawaiian Islands

Hawaii projected debt service
The Abercrombie administration has completed a record bond sale of nearly $1.3 billion and restructured the state's debt as part of a long-term strategy to repair the financial damage left by the recession. Star-Advertiser.

It's being hailed as a monumental milestone for the state's economy -- Hawaii's largest-ever bond sale at historically low rates. KHON2.

Hawaii's announcement of $1.3 billion in new bond money will mean state projects can move forward and that will create jobs, Gov. Neil Abercrombie said Thursday. Civil Beat.

A year ago this month, just days after his swearing in, Gov. Neil Abercrombie's ambitious plans to have a "New Day" for Hawaii fell into a budget sinkhole. Civil Beat.

Abercromie Claims Lingle Left 'Financial Wreckage'; Former Governor Fights Back. Hawaii Reporter.

Gov. Neil Abercrombie and Budget and Finance Director Kalbert Young announced Thursday, December 1 that the State sold $1.28 billion of General Obligation Bonds. Hawaii Independent.

Hawaii will receive more than $14 million in federal grants to help it carry out President Barack Obama's health care overhaul. Associated Press.

The Public Utilities Commission has directed a further easing of the conditions by which alternative energy providers connect to the public utility electric grid throughout the state. Maui News.

Occupancy at Hawaii hotels rose by six percentage points last week, while average nightly room rates increased 4 percent from the same week last year, according to a report by Hospitality Advisors LLC and Smith Travel Research. Pacific Business News.

Shedding a business structure rooted in Hawaii's territorial past, Alexander & Baldwin Inc. announced Thursday it will become separate companies, one focused on real estate and agriculture and the other on transportation. Star-Advertiser.

State representative Chris Lee is back on the job and feeling like himself again after a stroke landed him in a hospital bed for four days in early November. Hawaii News Now.

Oahu

The Transportation Security Administration said Thursday that it is investigating allegations that screeners at Honolulu International Airport have targeted Mexican travelers for extra screening. Associated Press.

One of the Transportation Security Administration officers accused of targeting Mexican travelers for extra screening at Honolulu International Airport has been promoted. KITV4.

After traveling thousands of miles across the West Pacific, the U.S.S. Chung Hoon came home to Pearl Harbor Thursday, bringing nearly 300 sailors back to loved ones. KITV4.

APEC – the Asia Pacific Economic Cooperation meeting on O’ahu ended more than 2 weeks ago … and some people are now asking, “Was APEC worth it?” The Hawai’i Society of Business Professionals hosted a panel discussion on that very topic. Hawaii Public Radio.

Hawaii

North Kona Councilman Angel Pilago said Thursday he won't seek another term, a move that ensures a new council majority when the governing body is sworn in next December. West Hawaii Today.

Hawaii County's multimillion-dollar Hilo recycling center should be privatized and expanded to allow mining of the adjacent landfill, says County Council Chairman Dominic Yagong. Tribune-Herald.

A provision allowing the state Division of Boating and Ocean Recreation to work on small boat harbors without permits couldn't find the votes Thursday at the Windward Planning Commission, forcing the deferral of a package of amendments to the Special Management Area. West Hawaii Today.

Maui

An audit of the state-owned Honokowai Kauhale affordable housing project on Maui found residents living in “substandard conditions” and “an atmosphere of intimidation and fear," according to state records released today. Hawaii Reporter.

Kauai

A Hanalei man with a little more than four years left to go on his five-year probation sentence was in court Tuesday to request that the terms of his probation be modified for medical marijuana use. Garden Island.


Molokai

American Safari Cruises has postponed its scheduled trips to Molokai today and Saturday after facing opposition from some residents who fear the tours could diminish fish stocks and wild game. Star-Advertiser.