1250 Oceanside Partners Files for Bankruptcy Protection – Creditors Include County of Hawaii for $20 Million

If I’m reading this correctly… The County of Hawaii could be out $20 million dollars because of this:

1250 Oceanside Partners and two affiliates, owners of more than 1,800 acres of land on the Island of Hawaii, filed for bankruptcy to restructure more than $500 million in debt.

Oceanside listed assets of more than $10 million in Chapter 11 documents filed yesterday in U.S. Bankruptcy Court in Honolulu. Affiliates Front Nine LLC and Pacific Star Co. also sought court protection.

The restructuring will “allow the debtors’ development projects to proceed, and will permit their respective creditors to receive payment in excess of the liquidation value of their claims,” Craig Pickett, the companies’ sole executive officer, said in court papers.

Assets acquired for the development of Hokuli’a, a luxury real estate project, include a 3 1/2-mile tract along the Kona coast, Pickett said. Oceanside’s creditors include the County of Hawaii, with a claim of $20 million, and Ackerman Ranch Inc., with a claim of $13.4 million, according to court papers…

More here: 1250 Oceanside Partners Files for Bankruptcy Protection

Mediation Center Receives Challenge Grant from Omidyar ‘Ohana Fund

Ku‘ikahi Mediation Center has been awarded a $25,000 challenge grant from the Omidyar ‘Ohana Fund of the Hawai‘i Community Foundation (HCF).

“We are so grateful to the Omidyar ‘Ohana Fund and HCF for this opportunity. The Fund will match contributions 2 to 1, up to $25,000.  That means we need to raise $12,500 in order to receive the full match,” said Executive Director Julie Mitchell.

She added, “Every $1 donated will be matched by $2 from the Fund, totaling $3 of support.”

Ku’ikahi Mediation Center is the sole non-profit mediation center serving East Hawai‘i and one of only five in the state.  The agency helps individuals, families, organizations, businesses, schools, and others to find creative solutions to challenging situations.  Mediation resolutions tend to be long lasting and help to improve relationships, promote understanding, and ultimately strengthen the community.

“Our mediation services are provided on a sliding scale fee schedule, and no one is turned away for lack of funds.  Over 50% of our clients have annual household incomes of under $20,000,” stated Mitchell.  “In this difficult economy of high unemployment, debt defaults, and home foreclosures, our community mediation services are often the only option for those with low or no incomes to resolve conflicts and move on with their lives.”

All funds raised will be earmarked to support community mediation services and promote peaceful solutions in East Hawai‘i.  Since Ku‘ikahi is a 501(c)(3), donations are tax deductible to the fullest extent allowed by law.

To make a contribution, contact Executive Director Julie Mitchell at (808) 935-7844 x 116 or julie@hawaiimediation.org.  Donations may also be mailed to Ku‘ikahi Mediation Center, 101 Aupuni Street, Suite PH 1014- B-2, Hilo, HI 96720.

 

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• Pillars of Peace Hawai’i Welcomes Nobel Peace Laureate Aung San Suu Kyi (damontucker.com)

 

Rocky Horror Picture Show at University of Hawaii Hilo

The University of Hawaiʻi at Hilo Performing Arts Department presents a Senior Project of two performances of the rock musical and science fiction movie spoof, Rocky Horror Picture Show Shadow Cast, Saturday and Sunday, April 6 & 7, at the UH Hilo Old Gym on Kapi`olani Street at 7 p.m.

Mason Pulgados and Nicole Cowan star as the clean-cut kids Brad Majors and Janet Weiss, who encounter car trouble and stumble upon the laboratory where Dr. Frank-N-Furter, played by Kawai Soares, is in the midst of his maniacal experiments. Also featured is Randal McEndree as Dr. Scott, Bertram Kalani Spain as The Criminologist, along with “live” shadow cast performances.

The show is produced by Denyse Woo-Ockerman, Nicole Cowan and Jin Piper, who also directs. Choreography is provided by Agriculture faculty member Norman Arancon with Musical Direction by Performing Arts music concentration major Christopher Vizzone.

Participation Kits are $10. Tickets are $5 with costume or $8 without costume. All tickets are available at the door or can be purchased in advance by contacting Denyse Woo-Ockerman at 756-5575 or email dwoo.films@gmail.com.

Philippine Consulate General Consular Outreach in Kona

House Passes Bills Supporting Big Island Initiatives

Legislation Introduced by Big Island Lawmakers Now Move to the Senate

Several bills that deal specifically with issues of concern to Big Island residents passed their final vote in the House today and will be sent to the Senate for their consideration.

Included are:

HB 417 HD2 seeks to address the shortage of primary care providers and improve access to healthcare in general by appropriating funds for the interdisciplinary Hawaii Health Systems Corporation Primary Care Training Program at Hilo Medical Center.

HB 414 HD2 would establish a Waipio Valley Commission to advise the Department of Land and Natural Resources (DLNR) on the development of a long term plan to ensure the proper stewardship and maintenance of Waipio Valley. The bill also appropriates funds to conduct a flood study and propose flood mitigation methods for the valley.

HB 20 HD1 seeks to protect public health and safety at Kua Bay, Kekaha Kai State Park, by appropriating funds for the employment of lifeguards.

HB 106 HD2 proposes to provide a detailed permitting process for geothermal resources development that, among other things, explicitly authorizes the counties to establish more stringent ordinances on geothermal development.

The Big Island  Representatives  (Rep. Mark Nakashima, Rep. Clift Tsuji, Rep. Richard Onishi, Rep. Faye Hanohano, Rep. Denny Coffman, Rep. Nicole Lowen and Rep Cindy Evans)said they were pleased that the measures were approved by the House, “these bills protect the environment and resources of our island and provide for the health and safety of our residents,” they said.

NaCo Legislative Conference and General Community Update with Councilmembers Karen Eoff and Dru Kanuha

Department of Public Works Announces Road Work and Resurfacing Projects

The Hawaii County Department of Public Works is letting folks know of the following:

•  Mo‘oheau Bus Terminal, and parking lot will be resurfaced next week preparation begins March 7 -Work begins Thursday, March 7 by the Department of Public Works Highway Maintenance Division to prepare Mo‘oheau Bus Terminal, and parking lot, in Downtown Hilo for resurfacing next week.Sections of the parking lot will be closed, and no parking allowed starting midnight March 6 through March 7.  The parking lot will reopen after 5 PM on the 8th.  Mo‘oheau Bus Terminal will remain open for Hele-On passengers during this time.Resurfacing the entrance of the Mo‘oheau Bus Terminal is Monday, March 11.  No vehicle traffic allowed in to the bus terminal after 7:00 AM.  Pedestrian access will be limited.  The entrance to the terminal reopens at 5:00 PM.Monday, March 11 to Friday, March 15, Hele-On passengers will board buses at the bus shelter next to the park and ride lot on Kamehameha Avenue, not at the Mo‘oheau Bus Terminal.The Highway Maintenance Division  will close Mo‘oheau Bus Terminal parking lot for resurfacing, Sunday at midnight to Tuesday, March 12, weather permitting.  The parking lot will reopen Tuesday after 5:00 PM.

  The Highway Maintenance Division may resume resurfacing the parking lot Thursday and Friday, March 14 & 15.

  The Traffic Division of Public Works is scheduling to stripe the parking stalls on a Sunday two weeks after resurfacing is completed.  The two-week wait allows the asphalt to cure before marking the pavement.

• The exit lane to Pauahi Street at the County of Hawai‘i Aupuni Center parking lot will be closed – The exit lane to Pauahi Street at the County of Hawai‘i Aupuni Center parking lot will bestriped and traffic patterns delineated THURSDAY, March 7 from 8:00 AM to 11:00 AM, weather permitting.  The exit lane to Pauahi Street will be closed at this time.  Entrance to Aupuni Center from Pauahi Street remains open.Customers and employees may consider Kīlauea Avenue and Aupuni Street to enter and exit Aupuni Center.
• Traffic patterns will be striped on to Kīlauea Avenue for the next two weeks – Road crews will begin marking traffic patterns to delineate traffic lanes for motorists and pedestrians on to Kīlauea Avenue between Pauahi Street and Ponahawai Street starting today for the next two weeks, weather permitting.  Traffic will be shifted around the crew and their equipment and no lanes will be closed.Tuesday, March 5 and for the remainder of the week, traffic patterns will be marked on to Kīlauea Avenue between Pauahi Street and Aupuni Street and manholes adjusted.  This is expected to take five to six days.Monday, March 11, Kīlauea Avenue between Kūkūau Street and Ponahawai Street is scheduled for road surface marking and manholes adjusted.  This is expected to take three days.Drainage improvements will also resume at the corner of Kūkūau Street and Kīlauea Avenue during the week of March 11.Street parking will be affected between the hours of 8:00 AM to 4:00 PM Monday to Friday due to shifting traffic patterns.
• Construction on Hoku Street – The Department of Public Works is constructing two curb ramps on either side of Hōkū Street at Kīlauea Avenue to comply with the American’s with Disabilities Act.  The project is scheduled for completion early next week, March 11 or 12, weather permitting.  Entrance to Hōkū Street is closed at Kīlauea Avenue.
• Road resurfacing Kīlauea Avenue from Pauahi Street to Osorio Lane tomorrow, Friday, March 8 – The final layer of asphalt is scheduled to be applied on to the mauka lane of Kīlauea Avenue on Friday, March 1, weather permitting.  The contractor will start from the Honpa Hongwanji Hilo Betsuin to Osorio Lane at Alenai‘o Bridge.

  Two lanes one in each direction will remain open to motorists.  Street parking will be restored at the completion of resurfacing.  Construction hours are 7:30 AM to 4:30 PM and may vary.

  Access to Kūkūau Street from Kīlauea Avenue will be restricted to local traffic until the work is completed.  Special Duty officers will redirect motorists to Kino‘ole Street.

Kona-Kohala Chamber of Commerce Annual Luncheon With the Mayor

Hear what Big Island Mayor Billy Kenoi and his cabinet have to say on the county’s economy and outlook for 2013 at a Kona-Kohala Chamber of Commerce Focus Luncheon Tuesday, April 2.

The Sign Outside the Hotel

Sponsored by Hawaii Community Federal Credit Union, the informative event is 11:30 a.m.-1:30 p.m. at the Courtyard King Kamehameha’s Kona Beach Hotel.

Reservations, which include lunch, are $40 for Chamber members and $50 for non-members; tables of eight are available. The registration deadline is 5 p.m. Wednesday, March 27. RSVP online at kona-kohala.com or by phoning the Chamber office at 329-1758. No refunds or cancellations will be taken after March 27.