Public Testimony of NHLC in Opposition of DHHL General Lease Extension for Lease No. 202 to Prince Kūhiō Plaza
Native Hawaiian Legal Corporation urges the Hawaiian Homes Commission to deny Brookfield Asset Management’s request for a long term extension of the Prince Kūhiō Plaza general lease in Hilo. The proposal being considered would reserve close to 50 acres of valuable trust lands to Brookfield for a total of 105 years, without the opportunity to consider alternative land uses in the interim nor engage in competitive lease renewal processes at commercially reasonable periods of time. Allowing this would conflict with state and federal law as well as the Commission’s duty to manage trust lands for the exclusive benefit of its native Hawaiian beneficiaries.