Turtle Bay officially of limits to developersUPDATED 8:50 PM HST May 19, 2014Video Transcript
No bulldozers allowed... A huge swath of Turtle Bay is officially off limits to development after Governor Neil Abercrombie signed off on the much debated 48-million dollar mega-deal. KITV 4's Ashley Moser was there for the moment many people have waited years to see. 17-25 37-41 117-122 43:22 "nat cheer after bill is signed" 43:28 With the Governor's signature on paper and a round of applause... Development at Kawela Bay is now off limits .. For good! And after FOUR years of planning -- resort officials say they are glad this day has finally arrived. Drew 47:08 "LONG TIME IN COMING BUT A REAL CELEBRATION OF GOOD WILL, GOOD INTENT AND GOOD ACTION." 47:16 That action resulted will prevent development on 665.8 acres of Turtle Bay land. No hotels, no residential buildings -- just keeping what some call the country, country. Bob 10:03 "WE DID A PRETTY GOOD JOB OF PRESERVING THE AREA." 10:07 Keep the country country members say even though two more hotels and 100 homes will go up on one part of Turtle Bay land.. they are most excited about keeping Kawela Bay untouched. 9:10 Bob "THIS IS THE MOST IMPORTANT THE PRESERVATION OF THIS BAY FOR THE PUBLIC."19:17 That preservation comes with a hefty price tag: 48.5 million dollars to be payed to Turtle Bay. 40 million of it payed by the state, 5 million by the City and County of Honolulu and 3.5 million by the Trust for Public Land. An agreement Governor Abercrombie says is necessary. Abercrombie 46:26 "NO MATTER WHAT THE MECHANISM -- IN THE END IT NEEDED TO GET DONE AND THAT'S POLITICS." 46:31 Old concrete pillars still stand from a previous development project which came to a halt in the late 80s. This deal today halts something like that from happening... forever. Ashley Moser -- KITV 4 News. Senate Ways and Means Chair David Ige came up with a plan to restructure convention center debt to free up money for the Turtle Bay deal.