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State eyes early ’14 close on Lipoa Point sale

Impact on unfunded liabilities still uncertain, ML&P report cautions

November 19, 2013
By LEE IMADA - Managing Editor (leeimada@mauinews.com) , The Maui News

West Maui state Rep. Angus McKelvey said last week that the state is hoping to close the Lipoa Point purchase by the end of the first quarter next year, as the landowner, Maui Land & Pineapple Co., cautioned in its quarterly report last week that the impact of the sale on unfunded pension liabilities remains "uncertain."

 
 

 

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