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SB2792 - RE: Geothermal Royalties
#3
Thank you, Mr. Tucker, for your response. This bill gives me grave concerns. Need to digest it and see what amendments might be forthcoming,if any.

Besides the County giving up 5% (not acceptable in my opinion) to DHHL (not convinced that's the best decision either); adding 2% off the gross (added cost to developers) may leave only the "big player(s)" in the bidding process when HELCO issues the RFP.

Need to read again, and digest this. In my opinion, this may need alot of serious thought, discussion, and testimony submitted. Unfortunately, the deadline is Monday to submit testimony, which doesn't leave much time for researching this further.

Thank you again for the response. Hope others read up on this one. It seems to be moving quickly.
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Messages In This Thread
SB2792 - RE: Geothermal Royalties - by opihikao - 02-24-2012, 01:11 PM
RE: SB2792 - RE: Geothermal Royalties - by opihikao - 02-24-2012, 02:28 PM
RE: SB2792 - RE: Geothermal Royalties - by Obie - 02-24-2012, 04:46 PM

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