12-12-2007, 01:35 AM
OK, we have two separate funds:
the "Asset Fund" and the "Royalty Fund".
Look at Hawaii County Code, Chapter 2, Articles 35 and 36.
http://co.hawaii.hi.us/countycode/chapter02.pdf
From my reading from the PGV site and the County Code, there is more not said than is.
The purpose of the Asset Fund is not clear.
No alarms or rants here, but a good bit of clarification would be in order.
First place to check: Audit of the funds.
The ideas of scholarships should be forwarded to Yagong and Naeole, sooner rather than later. (Not to say it is a good idea or bad, just that those two can pick it up if it is to be so.)
James Weatherford, Ph.D.
15-1888 Hialoa
Hawaiian Paradise Park
the "Asset Fund" and the "Royalty Fund".
Look at Hawaii County Code, Chapter 2, Articles 35 and 36.
http://co.hawaii.hi.us/countycode/chapter02.pdf
From my reading from the PGV site and the County Code, there is more not said than is.
The purpose of the Asset Fund is not clear.
No alarms or rants here, but a good bit of clarification would be in order.
First place to check: Audit of the funds.
The ideas of scholarships should be forwarded to Yagong and Naeole, sooner rather than later. (Not to say it is a good idea or bad, just that those two can pick it up if it is to be so.)
James Weatherford, Ph.D.
15-1888 Hialoa
Hawaiian Paradise Park