Friday, July 10, 2020
Hawai'i Free Press

Current Articles | Archives

Wednesday, June 15, 2016
Djou: HART Grab for City Loan Highlights Caldwell’s Untrustworthiness
By Rep Charles Djou @ 1:18 PM :: 3288 Views :: Rail

June 15, 2016

Email to Supporters

Yesterday, KHON's Gina Mangieri covered a story detailing HART's request to borrow a minimum of $20 million more for rail, this time on the city's credit. You may recall former Mayor Peter Carlisle saying that this money wouldn't be needed "unless the moon fell into the ocean."  Yet another burden that the taxpayers of Honolulu simply can't afford.

UPDATE: After KHON's story aired, HART delayed the request to borrow these funds, but may still decide to do so in July. This only further reinforces that our community simply can't trust City Hall under the current administration -- the same administration that is responsible for gagging the City's Ethics Commission Executive Director.

It's time we fix this rail mess and the only way we can do this is with you at our side. The election is less than two months away. Your contribution of $500 or $100, $50, or any amount up to $4,000 will make a tremendous difference immediately.

We are excited about this upcoming election, but we need your help.  The City and its handling of rail has been incompetent and we are suffering the consequences.  Please join us and together let's make a difference in our community.


Charles K. Djou

  *   *   *   *   *

HART Suddenly Claims it is Out of Money, Must Borrow From City Beginning Next Month

KHON:  …The HART board is considering a request to allow for short-term borrowing much sooner than expected.

It’s a move HART once dismissed as unlikely, unless there was a major disaster. But last year, the city and HART agreed borrowing would be part of the financial plan for rail.

Always Investigating was the first to reveal that the federal government is holding off on more than half-a billion in payments to HART.

HART is now telling its board it will essentially run out of cash next month.

It’s asking to borrow short-term on the city’s credit — something it got open-ended approval to do years ago on the promise borrowing would be unlikely and infrequent.

In 2012, the rail authority received the green light to use the city’s equivalent of a line of credit (a.k.a. commercial paper) for hundreds of millions of dollars. HART said at the time that it was needed to keep the federal government happy in financial plan documents.

Though it evolved into being an expected part of interim rail financing in a memorandum of understanding (MOU) signed last year, HART told the council as recently as May that borrowing would be unlikely until summer 2017.

HART had originally told the council back in 2012 it would only be drawn in case of disaster, war, terrorism, strikes, or economic jolts.

“Even (former Honolulu mayor Peter) Carlisle, when he was mayor, said they wouldn’t need that money until the moon falls into the ocean,” said Honolulu City Council budget chair Ann Kobayashi….

As Explained: Will Feds Withhold a Third Year of Financing Before HART Gets Around to Writing Financial Plan?

read … Credit Draw


TEXT "follow HawaiiFreePress" to 40404

Register to Vote


808 Silent Majority

808 State Update AM940


ACA Signups Hawaii



Alliance Defending Freedom

Aloha Life Advocates

Aloha Pregnancy Care Center

American Council of Trustees and Alumni

American Mothers of Hawaii



Antonio Gramsci Reading List

A Place for Women in Waipio

Astronomy Hawaii

Audit The Rail

Ballotpedia Hawaii

Better Hawaii 

Blaisdell Memorial Project

Broken Trust 

Build More Hawaiian Homes Working Group

CAFR Hawaii

Castaway Conservative

Children's Alliance Hawaii

Children's Rights Institute

Christian Homeschoolers of Hawaii

Citizens for Recall

Cliff Slater's Second Opinion

Coffee Break

CSIS Pacific Forum

DAR Hawaii

DVids Hawaii

E Hana Kakou Kelii Akina

E Māua Ola i Moku o Keawe

Farmers For Choice Hawaii


Fix Oahu!

Follow the Money Hawaii

Frank in Hawaii

Front Page Magazine

Frontline: The Fixers

Genetic Literacy Project

Get Off Your Butts!

God, Freedom, America

Grassroot Institute

Hawaii Aganst Assisted Suicide

Hawaii Aquarium Fish Report

Hawaii Aviation Preservation Society

Hawaii Catholic TV

Hawaii Christian Coalition

Hawaii Cigar Association

Hawaii Coalition Against Legalized Gambling

Hawaii ConCon Info

Hawaii Credit Union Watch

Hawaii Crime Victims' Rights

Hawaii Crop Improvement Association

Hawaii Debt Clock

Hawaii Defending Marriage

Hawaii Defense Foundation

Hawaii Family Advocates

Hawaii Family Forum

Hawaii Farmers and Ranchers United

Hawaii Farmer's Daughter

Hawaii Federalist Society

Hawaii Federation of Republican Women

Hawaii Firearm Community

Hawaii Fishermen's Alliance

Hawaii Future Project

Hawaii Gathering of Eagles

Hawaii History Blog

Hawaii Homeschool Association

Hawaii Jihadi Trial

Hawaii March for Life

Hawaii Meth Project

Hawaii's Partnership for Appropriate & Compassionate Care

Hawaii Public Charter School Network

Hawaii Rifle Association

Hawaii Right to Life -- Big Island

Hawaii Right to Life -- Oahu

Hawaii Shield Law Coalition

Hawaii Shippers Council

Hawaii Smokers Alliance

Hawaii State Data Lab

Hawaii Together

Heritage Foundation

HI Coalition Against Legalized Gambling



Hiram Fong Papers

Homeschool Legal Defense Hawaii

Honolulu Homeless Crisis

Honolulu Navy League

Honolulu Traffic

Horns of Jericho Blog

House Minority Blog

House Republican Caucus YouTube


Hump Day Report

I Vote Hawaii

If Hawaii News

Imua TMT

Inouye-Kwock, NYT 1992

Inside the Nature Conservancy

Inverse Condemnation

Investigative Project on Terrorism

Iowa Meets Maui

Jackson v Abercrombie

Jihad Watch

July 4 in Hawaii

Kahle v New Hope

Kakaako Cares

Kau TEA Party

Kauai Co GOP

Keep Hawaii's Heroes


Land and Power in Hawaii

Legislative Committee Analysis Tool

Lessons in Firearm Education

Lingle Years

Malulani Foundation

Managed Care Matters -- Hawaii

Malama Pregnancy Center of Maui

Mauna Kea Recreational Users Group

Middle East Forum--The Legal Project

Mililani Conservatives for Change

Military Home Educators' Network Oahu

Missile Defense Advocacy

MIS Veterans Hawaii

Muslim Brotherhood in America

NAMI Hawaii


National Christian Foundation Hawaii

National Parents Org Hawaii

National Wind Watch

New Hawaiian

New Zeal

NFIB Hawaii News

No GMO Means No Aloha

Northwest Economic Policy Seminar

Not Dead Yet, Hawaii

Now What I Really Think

NRA-ILA Hawaii

Oahu Alternative Transport

ObamaCare Abortion Hawaii


OHA Lies

Opt Out Today

Pacific Aviation Museum

Patients Rights Council Hawaii

PEACE Hawaii

People vs Machine

Pritchett Cartoons 

Pro-GMO Hawaii


Rental by Owner Awareness Assn

Republican Party -- Hawaii State

Research Institute for Hawaii USA

Rick Hamada Show

RJ Rummel

Robotics Organizing Committee

Save Dillingham Airfield

School Choice in Hawaii

SIFE Remington

SIFE W. Oahu 

Sink the Jones Act

Smart About Marijuana--Hawaii

St Marianne Cope

State Budget Solutions Hawaii

State Policy Network

Statehood for Guam

Tax Foundation of Hawaii

The Harriet Tubman Agenda

The Long War Journal

The Real Hanabusa

Time Out Honolulu

Trustee Akina KWO Columns

Truth About Trade & Technology - Hawaii

UCC Truths

Union Members Know Your Rights

US Tax Foundation Hawaii Info

Valor in the Pacific

VAREP Honolulu

West Maui Taxpayers Association

What Natalie Thinks

Whole Life Hawaii