Ka Wai Ola - Office of Hawaiian Affairs, Volume 6, Number 8, 1 August 1989 — OHA Board Business [ARTICLE]

OHA Board Business

By Ed Miehelman Public Information Officer

/rom page 2 Committee on Operations and Development lnvesting in Hawaiian Based Corporations: The Board adopted unanimously a recommendation instructing OHA's investment advisor to proceed with the purchase of the following investment grade Hawaiian securities in an amount totaling

approximately $100,000 — Alexander & Baldwin, Castle & Cooke, First Hawaiian Bank, Hawaii Hectric Industries, and Maui Land and Pineapple. Manual of Guides Amendment: The Board rejected a proposal to amend the OHA Administrative and Financial Manual of Guides whieh would have required the travel of the Chairperson

of the Board to be authorized by two chairpersons of any standing committee of the Board. Trustees Akaka, Ching and Kahaialii voted "aye". Trustees Burgess and Keale voted "no", and Trustee Hao abstained. Cultural-Protocol Advisor: The Board unanimously approved the position of cultural-protocol advisor. The individual selected will provide spiritual and protocol leadership to the Board, lead the Trustees in prayer at Board meetings and attend all official events requiring the presence of the Board. Committee on Programs; Kohanaiki Development: The Board went on record against development at Kohanaiki in the North Kona district of Hawai'i island. It adopted without objection a motion requesting the Hawai'i County Council to downzone the property back to conservation use. The property owner reportedly plans a $360 million resort at Kohanaiki. Executive Session The following items discussed in executive session were ratified unanimously when the Board reconvened in open session: • Approval of the Administrator's recommended reorganization structure. • Approval of the Administrator's recommendation to hire Phyllis Chrestensen as Secretary I. • Approval of the Administrator's recommendation to hire Stanley H. L. Lum as Deputy Administrator. The next Board meeting was scheduled for July 22 in Lahaina, Maui.