But because the deal is structured around Lanai Island Holdings LLC purchase of control of several Castle & Cooke subsidiaries which in turn owned Murdock’s Lanai assets, it appears to effectively sidestep the state conveyance tax.More at iLind.net »
"The uncertainty that the potential sale represents presents grave concerns of the future of the people of Lanai," said Senator Tsutsui in a news release Wednesday. "The continued private ownership of Lanai may prove detrimental to the people of Lanai and the state, as a private owner is not subject to public, community, or government input in making decisions that can and will affect such parties."
Those opposed to the project think it'll ruin pristine views of the Pacific Ocean and other Hawaiian islands.There's more than "pristine views" at stake. The wind project raises fundamental questions about the relationship between urban and rural areas, and who should derive benefit from the use of rural resources. More at HawaiiNewsNow/AP »
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