WAIMEA VALLEY (KHNL) -- A big change is on the way for Oahu's Waimea Valley. Next February, a non-profit private company, under the umbrella of the Office of Hawaiian Affairs, will take over the 1800-acre Ahupuaa.
Some native Hawaiian beneficiaries have expressed concern that taking land purchased with public trust money and transfering it to a private corporation could lessen Office of Hawaiian Affairs' accountability.
"It's not something that we just made up," said Haunani Apoliona, Office of Hawaiian Affairs Chairperson. "We had great legal consultation in the process, and the trustees have determined that this is the most prudent and accountable and accountable way for us to move forward."
Waimea Valley has not been profitable, losing about half a million dollars each year.
So the Office of Hawaiian Affairs plans to ask its trustees to fund $1 million a year, to turn Waimea Valley around.