Reality Check

[Mud Packer]

How do you feel about HRP being closed and then sold?

[dirt racer]

How do you feel about HRP being closed and then sold?

Like the whole island just got ripped off. That's the problem with political corruption (HMC getting the lease without bidding on it). It always ends up with the public getting screwed. :mad:

[dirt racer]

So how do you feel about it Mud? Mike? Tracy?

Don't be shy now kids. :D

[Mud Packer]

So how do you feel about it Mud? Mike? Tracy?

Don't be shy now kids. :D
I feel stomping a hole in what used to be chads ass.

[dirt racer]

I feel stomping a hole in what used to be chads ass.

Hahaha, he does have that affect on people. :rolleyes:

"Track Talks" is such a joke. You've got Jokeland over there with 3 different screen names. With Dave, Chad, and Rob posting whatever Jokeland tells them to. He thinks he can control everyone with his misinformation. He's in for a big surprise. :D

[dirt racer]

Go ahead Bill. Post something stupid. :eek:

[prk247]

Go ahead Bill. Post something stupid. :eek:

no need. you got a monopoly on that market. wouldnt want to rain on your parade.

[Mud Packer]

no need. you got a monopoly on that market. wouldnt want to rain on your parade.
Hi Billy! Just a quick did you know or do you care question; Did you know that Mike O. had a 2yr. extension on the lease? Wanna know why the track remained closed after April? Easy; he found somebody to buy it. Does'nt matter, his 2 yrs. would be up right around now.

[dirt racer]

Did you know that Mike O. had a 2yr. extension on the lease?

That is true and Campbell stated it publicly...

"This is a decision made by Hawai'i Raceway Park and was not caused by Campbell Estate," estate spokeswoman Theresia McMurdo said. "We have not asked Hawai'i Raceway Park to leave and in fact we have been extending the lease."

http://the.honoluluadvertiser.com/article/2006/Jan/27/ln/FP601270359.html

[Chad89GT]

I feel stomping a hole in what used to be chads ass.
Big words from a guy who hides behind his screen name. :rolleyes:

[dirt racer]

"a guy who hides behind his screen name." :rolleyes:

Sounds like your grampa posting as "hard racer" and "uglyfuka".

I rather enjoyed the "uglyfuka" posts. Perhaps you could persuade Jokeland to bring him back? :rolleyes:

http://i52.photobucket.com/albums/g14/dirt_racer/fh2.jpg

[Need4Speed]

Anyone who supports P9 is a joke? Why?

[dirt racer]

Anyone who supports P9 is a joke? Why?

"Jokeland" is a nickname that goes wayyy back. Certainly not something I made up. :D Probably has to do with telling too many tall tales.

P9 is a joke. No doubt about that. The business plan, the "binding agreement", the land swap proposals, etc. No one has even gotten FAA approval to build a racetrack there, which would seem to be one of the first steps. Investors? who are the investors? What progress has this project ever had for the past 15 some years? None.

What are the current tenant's plans? Why drop 7 million on a facility if you don't plan to stay there? Pasha does plan to stay there, and we have met with them and talked to them about it. They certainly consider the racetrack proposal a joke.

People who believe in P9? Not serious, uninformed, dreamers, etc. Nothing wrong with dreaming about P9 with HRP up and running. But to want HRP to remain closed to try and push P9, is akin to cutting one's arm off in an attempt to grow a stronger one. It doesn't work like that. :mad:

[Need4Speed]

... to want HRP to remain closed to try and push P9, is akin to cutting one's arm off in an attempt to grow a stronger one. It doesn't work like that. :mad:
Well, I don't like all the Jokeland stuff. After all that, what do you mean to say that keeping HRP open is the only way to push for P9? How does it work?

[dirt racer]

Well, I don't like all the Jokeland stuff. After all that, what do you mean to say that keeping HRP open is the only way to push for P9? How does it work?

What I wrote was that keeping HRP closed won't help the P9 project. That seems to be the logic employed by some. Having HRP open probably won't help either.

What DHHL wants in exchange for the parcel is 139 acres of residential property on Oahu. That is the only way to acquire it. No private developer would ever do that, because the residential property is worth more than the $48 million dollar Parcel 9. You have a contract that can't be satisfied.

[Need4Speed]

Thank you for explaining what you posted. How do you know what DHHL wants in this contract for the new race track?

[dirt racer]

Thank you for explaining what you posted. How do you know what DHHL wants in this contract for the new race track?

DHHL has stated what they want in a letter to Mike Oakland.

http://i52.photobucket.com/albums/g14/dirt_racer/dhhl1.jpg



And more recently (6/11/2007), the director was quoted in the Advertiser.


Kane said the Enomoto group has never offered property that meets his agency's goal to provide homesteads for Hawaiian beneficiaries. DHHL did not approach the Enomoto group about taking over Parcel 24 because "the ... group has never pursued a temporary parcel," he said. "They've always pursued a permanent land disposition and have never presented a parcel that met our liking that would fit a land exchange.

http://the.honoluluadvertiser.com/article/2007/Jun/11/ln/FP706110354.html

[Need4Speed]

That letter is short and over two years old. Nothing about the parcel sizes and value you stated. It shows the Department of Hawaiian Home Lands needs to like what they are offered as it should meet the goals of the agency.

This Enomoto group is the developer that has always pursued a permanent land disposition for the new race track, from your quote.

What sort of communication do you have with this group besides that letter and those statements made by Mr.Kane?

[dirt racer]

That letter is short and over two years old.

That is true, but it clearly dispels the myth that a land exchange agreement for the Kunia property was in place. The more recent comments in the Advertiser reiterate the director's position.

Do you have any documents to show that there is some agreement in place?



Nothing about the parcel sizes and value you stated.


The value of Parcel 9 is a matter of public record.

http://i52.photobucket.com/albums/g14/dirt_racer/parcel9value2-1.jpg



The exchange agreement calls for a property of equal or greater value, and equal or greater size.



http://i52.photobucket.com/albums/g14/dirt_racer/DHHL6.jpg


This Enomoto group is the developer that has always pursued a permanent land disposition for the new race track, from your quote.

What sort of communication do you have with this group besides that letter and those statements made by Mr.Kane?

I have no communication with the Enomoto group.

[Need4Speed]

The terms that it was in place is correct, it was rejected thereafter as evidenced by the letter you posted. I have no documents that I would want to share. The value in that pic by the Department of Planning and Permitting shows that parcel to be improved residential (homes) and there are no homes there. Must be a mistake? Does the Enomoto group know how you feel about the new race track being a joke?

[dirt racer]

The value in that pic by the Department of Planning and Permitting shows that parcel to be improved residential (homes) and there are no homes there. Must be a mistake?

Could be a mistake. Regardless of the classification, the agreement would still be extremely expensive to satisfy because of what DHHL wants in exchange - at least 139 acres of residential property on Oahu. The potential income/value of 139 acres of residential property would greatly exceed the income/value of a raceway facility.


Does the Enomoto group know how you feel about the new race track being a joke?

I'm sure they do. There are many others that feel the same way about P9, but they are too chickenshit to say what they think.
I don't have that problem. :D

[Need4Speed]

It is a mistake, the classification is important to help determine value, it is not residential and that $48 Million value is therefore incorrect.

This is not a joke. Parcel 9 is not worth what you have said it is, which makes it that much easier for the new race track to be built.

[dirt racer]

It is a mistake, the classification is important to help determine value, it is not residential and that $48 Million value is therefore incorrect.

This is not a joke. Parcel 9 is not worth what you have said it is, which makes it that much easier for the new race track to be built.

What is the value of Parcel 9 and how did you arrive at that figure?

What is the value of 139+ acres of residential property on Oahu that DHHL wants in exchange?

If it is easy for the new racetrack to be built, why has it taken over 15 years with no progress?

What are the total cost estimates of the project and where is the money going to come from to pay for it?

[Need4Speed]

An appraisal determines property value. This was pretty clear on what DHHL wanted:
As we had previously discussed, the exchange package must be of equal or greater value, as determined by appraisal, and must include acreage of equal or greater size to the site being sought by HMC. As you know, we are particularly interested in property suitable for residential use on Oahu, outside of those areas where we have holdings. (12/30/99)

Land banking is no longer our motivation to consummating a land exchange. Our primary need is for land that is ready and able for immediate development. ………. Therefore, we request you offer another site for exchange that affords us immediate use. (7/28/05)
They have already built homes and continue to do so, in 2007 there is a need for money. Why the new race track is taking so long should be common knowledge. What it costs and where the money is coming from is not necessarily public knowledge.

[dirt racer]

They have already built homes and continue to do so, in 2007 there is a need for money. Why the new race track is taking so long should be common knowledge. What it costs and where the money is coming from is not necessarily public knowledge.

If the basics of the project cannot be known - costs, funding, time frame, etc. , then the project is a joke. Smoke and mirrors.

[Need4Speed]

True. Thank you for your discussion. :cool:

[dirt racer]

True. Thank you for your discussion. :cool:

No problemo. :D

According this article from 2003, Mike Oakland has been working on the project for 20 years now with no progress. Someone needs to tell him the square peg doesn't fit in the round hole. :rolleyes:


Though it remains alive in the Legislature, a bill that would provide tax breaks for private investment in a new motor sports park at Kalaeloa faces an uphill battle.

That's nothing new for Mike Oakland, who has worked for 15 years to build a new racetrack to replace the aging, constantly booked Hawaii Raceway Park in West Oahu.

"It's hard work," said Oakland, president of HMI Inc., the general partnership that owns the park.

http://starbulletin.com/2003/04/08/business/story2.html