After Thursday’s State of the City speech the mayor defended the lifting of the city’s debt limit above a 20 per cent threshold.
Last year the city’s managing director suspended the debt limit so that bonds could be issued for construction of the $5.3 billion rail project.
Two of Peter Carlisle’s competitors in the race for mayor quickly jumped on Thursday’s news.
"This shows a total disregard for the public in my mind and by the public I mean all of you guys here, all the people in our city and county of Honolulu that pay taxes, our families, our friends. And I believe that Mayor Carlisle owes all of us an apology," Caldwell said.
Cayetano said, "I think when you talk about transparency the way they did it leaves a cloud that it wasn’t transparent and I think people have to look at the process that they followed and make their own decisions."
Carlisle says suspension of the debt limit was communicated to former Budget Chair Ernie Martin in March of 2011.
See the original article at: KHON2 Developing Stories


