Tag: Boyd Mossman

Mu’olea Point

By Trustee Rowena Akana
July 2004

Source Honolulu Advertiser Letter to the Editor

I appreciated Vicky Viotti’s July 29th article regarding the Trust for Public Land’s (TPL) $342,000 grant request to OHA for the purchase of a 70-acre parcel at Mu’olea Point on Maui. While she did an excellent job of summarizing the discussion, I would like to add a few points.

It is outrageous that TPL would request money from OHA, monies that are to be spent for the betterment of Hawaiians, so that they can purchase land and hand it over to the County of Maui. Why should OHA help pay for land that Hawaiians will never own?

The State of Hawaii and the County of Maui are derelict in their responsibility to protect and preserve the lands at Mu’olea Point. If the Hana community truly feels that the site is so important, why doesn’t the County of Maui condemn the land using their power of eminent domain?

The County of Maui has the power to seize the property for public use if they can prove that doing so will serve the public good. Cities across the country have been using eminent domain to buy private property at a fair market value so that they can build roads, schools, and even courthouses. That’s what the City & County of Honolulu did when it purchased Waimea Falls Park.

I believe OHA trustee Linda Dela Cruz made an excellent point at the Board table that in the past, many organizations have used a connection to Hawaiians to push various proposals and developments through but, after the dust settled, how many Hawaiians really benefited?

TPL has argued that there are many culturally significant Hawaiian sites on the property but, in the end, it is only the County of Maui that will truly benefit by acquiring the land. OHA has a fiduciary responsibility to all Hawaiians. I still don’t see how OHA giving $342,000 to TPL will truly benefit the Hawaiian community at large.

And let’s not forget that Hawaiians only receive 20% of the revenues from ceded lands. The State should think about using the 80% of ceded land revenues it takes to purchase and preserve the property. After all, it’s part of the State’s mandate.

There are many ways to save the Mu’olea Point property besides asking OHA for a bailout. The State needs to step up to the plate and the County of Maui needs to get more creative.

Also, our beneficiaries should know that the following trustees support giving $342,000 to TPL: Haunani Apoliona, Oswald Stender, Boyd Mossman, Dante Carpenter, and Colette Machado.

Reaching out to Hawaiians on the mainland

By: OHA Trustee Rowena Akana

Source: Ka Wai Ola o OHA, April 2004

‘Ano’ai kakou… On March 6-7, 2004, OHA sponsored a successful Hawaiian governance event in Las Vegas. The affair featured OHA’s Hawaiian Registry Program; workshops on Hawaiian culture, genealogy, and history; and a “Kau Inoa” registration drive. Kau Inoa is a separate program from OHA, and is the first step in identifying indigenous Hawaiians who want to be a part of the formation of a Hawaiian governing entity.

We have now established many valuable contacts within Nevada’s Hawaiian community, estimated to be 80,000 strong, and have made an important contribution to our goal of registering 100,000 Hawaiians nationwide.

This event would not have been possible without the hard work and dedication of the following OHA staff and volunteers:

* Administrator Clyde Namu’o who strongly supported the event from the beginning. I commend the Administrator for the latitude he afforded staff to explore new territories and gain new skills. His consistent positive attitude and encouragement of staff made the event a true pleasure.

* Public Information Officer Manu Boyd, who conducted workshops on hula, ka’ao, genealogy, and Hawaiian history. His command of the Hawaiian language and his musical talent are an invaluable resource to OHA.

* Luci Meyer, who conducted workshops on mo’oku’auhau (genealogy). I was impressed by the quality, depth, and insight of her presentations.

* Staff members Jennifer Chiwa, Lani Hoomana, Ruby McDonald, Gladys Rodenhurst, and Francine Murray.

* Las Vegas Volunteers Jeannie Wong, Ransen & Lehua Borges, Ladd Haleloa, Bruce Willingham, Lucille Calario, Lorna Andrade, and Paul Meyer.

* Special thanks to the Makaha Sons, Moon, John and Jerome who performed in concert and virtually assured a huge turnout.

This experience has left me very encouraged about coordinating future events and activities. I also appreciate Trustees Waihe’e, Dela Cruz, and Apoliona for making the trip and sharing their mana’o.

On another note regarding the Native Hawaiian Trust Fund…

Trustee Mossman wrote in his article last month that he did not believe OHA has ever been in a better financial position and that it was all thanks to Trustee Stender. Before we begin to sing the praises of someone, perhaps we should first put things in their proper context.

OHA’s portfolio was over $400 million in 2000 and then took a nosedive in the following year to $250 million. Who was the chair of the Budget & Finance committee for most of that time? You guessed it, Trustee Stender. I pleaded with Trustee Stender for months to stop the bleeding, but nothing happened. OHA’s Chief Financial Officer finally came up with the idea of hiring “managers-of-managers” to do our investing. This was finalized by February 2003, but and by then, the damage to the Trust had long since been done.

The new managers-of-managers, Goldman Sachs and Frank Russell, make all of our day-to-day investment decisions and choose which money managers to hire. The Board’s role now is to simply set the investment policy and listen to quarterly report presentations.

There is no doubt that the growth of the Trust has more to do with our two manager-of-managers than any particular Trustee. The problem now is that OHA is forced to pay higher fees for Goldman Sach’s services even though they have consistently underperformed the Frank Russell Group.

While the total Native Hawaiian Trust Fund is still far shy of the $400 million OHA once enjoyed in its heyday, at least it is growing again.

Imua Hawaii Nei…