http://pacific.bizjournals.com/pacific/stories/2010/06/28/story4.html
Friday, June 25, 2010
Harbor users will pay tab for Superferry work
Pacific Business News (Honolulu) – by Curtis Lum Pacific Business News
The defunct Hawaii Superferry will pay the state of Hawaii about $676,000 under a settlement reached recently in bankruptcy court, about half of what is owed in rent and other fees.
But not included in the settlement is the nearly $40 million in harbor improvements that the state made to accommodate the Superferry. The outstanding balance on the $40 million that was appropriated from general obligation bonds is $39.7 million and that will be paid by users of Hawaii’s harbors, said Brennon Morioka, director of the state Department of Transportation.