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Tuesday, April 16, 2013

Hawaii Real Estate – Mayor to Fix Honolulu’s Roads


Honolulu Mayor Kirk Caldwell announced that a total of 77 lane miles of roads have already been repaved during his first three months of office, but that is only the beginning.  The Department of Design and Construction has signed off on fourteen new road projects in addition to the current seventeen roadwork project that are ongoing.  Caldwell stated, ”We’re moving very aggressively and we’re not going to stop.”
Mayor Caldwell is asking the Honolulu City Council for additional funding to repave a total of 1,500 lane miles of road over the next five years.  Caldwell is requesting a $100 million budget for 2013 and $150 million over the remaining four years.  However some members of the City Council question if the state and private companies have the infrastructure to be able to handle the proposed increase in road repair.  There is also a question of how the city would fund the $150 million requested for 2013.  Caldwell had suggested a 5-cent per gallon increase in fuel tax, but the City Council rejected that idea, saying that the increase would add to much burden on motorists.
Source: Honolulu Star Advertiser, 4-16-2013, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
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