Lingle wants state to buy Turtle Bay
By Dan Nakaso
The Honolulu Advertiser Jan 22, 2008
In her sixth state of the state address this morning, Gov. Linda Lingle proposed that the state purchase the 850-acre Turtle Bay hotel and condominium resort on O'ahu's North Shore.
Lingle said that she has considered at least a dozen ways "we could mix and match" revenue streams to finance such a purchase. These include selling off the resort portion of the property to pay down the debt, exchanging other state lands, creatively using tax credits spread out over time, a tax check-off on our income tax returns, private grants, allocating Legacy Land Funds, federal conservation dollars and a worldwide Internet fundraising campaign to "Save Hawai'i's North Shore."
