Media - Ikaika Anderson for Honolulu Council District 3

News >> Panel advances bill to allow up to $450M in rail loans –– Honolulu Star-Advertiser

The version of the bill approved Monday includes amendments initiated by Councilman Ikaika Anderson that require approval by two-thirds of the Council, instead of the usual majority vote, before any bonds could be issued. It also requires, before such funds could be used, that the FTA commit its share of funding and that HART spell out specifically how it intends to pay back the city before the Council approves the issuance of bonds. Grabauskas told Council members that FTA officials have indicated they can live with the conditions proposed by Anderson but expressed "concerns" about those offered by Koba­ya­shi."...read more