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The Honolulu Advertiser
Posted on: Thursday, January 28, 2010

Lingle wants independent review of Honolulu rail-transit's financial plan

Advertiser Staff

Hawaii news photo - The Honolulu Advertiser

Gov. Linda Lingle speaks at a luncheon of the Republican National Committee winter meeting at the Hilton Hawaiian Village in Waikiki today.

GREGORY YAMAMOTO | The Honolulu Advertiser

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Gov. Linda Lingle said today that she will not sign off on Honolulu's rail project unless an independent review is conducted of the city's financial plan.

She said the City Council should demand an independent review of the rail project's financial plan.
Her comments came following a luncheon of the Republican National Committee winter meeting at Hilton Hawaiian Village.
"The financial plan is really a key focus for me," Lingle told reporters. "I am convinced more than ever, after reading the federal government's most recent letters that I know of the most recent letters written to the city that the financial plan is shaky at best."
Lingle said she would likely ask a private or nongovernmental organization to look at the financial plan that she would then share with the public.
"If I had to sign off now, I couldn't, based on what I know from the federal government about the financial plan, because they basically say this can't be sustained," she said.