10-12-2014, 03:16 PM
The County would not be doing the improvements the subdivision would. The same way the County would not be developing a private aquaponics / oyster farm, etc with the bond money. Nor will the County be doing the Dam improvements if that passes.
Helco has special revenue bonds out among others the County has no hand in any of that either. Besides these would be State of Hawaii bonds, although the County could also do them.
This is not Tax money!
Finally: if you amend the Constitution to permit it then it is no longer illegal.
Helco has special revenue bonds out among others the County has no hand in any of that either. Besides these would be State of Hawaii bonds, although the County could also do them.
This is not Tax money!
Finally: if you amend the Constitution to permit it then it is no longer illegal.