Gov. Neil Abercrombie will meet with House Speaker Joe Souki on Friday to try and salvage a deal that would preserve land around Turtle Bay on Oahu's North Shore.
Souki says that he needs more time to review $40 million dollar agreement before approving the money, saying the issue is securing the state's portion of those funds before Friday's deadline.
Senate leaders appeared ready to appropriate the funds necessary to purchase the nearly 700 acres of land in the area, but Souki said he hadn't had enough time to make a decision.
"This is a major project with a significant amount of money," said Rep. Souki. "it would be unwise to rush to a decision in the final days of the legislative session."
Governor Abercrombie says Souki's comments are cause for concern.
"This would be very disappointing to the community and all parties who worked hard and in good faith to reach a deal to preserve the Turtle Bay shoreline," Gov. Abercrombie said. "Letting an opportunity like this slip through our hands would be sad because it may not be available again."
If the deal gets pushed to the next legislative session, it would be possible that the resort owners at Turtle Bay would continue to uphold their end of the agreement in good faith, but some question how long the resort would continue to do so.