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MR. BALSIS: --We're looking at this specific instance, and there is a difference <br />of opinion. And with regards to the Board of Ethics, there is a motion on the <br />table, and I'm looking for a second, and then we can have a discussion. So I do <br />thank you for your comments. <br /> <br />MR. COLE: The benefit has never been answered here. You are still going to <br />________. What project benefited from the people what benefit did the people <br />get for $66, 000 they paid to the Bank of Hawaii to have $10 million sitting in the <br />First Hawaiian Bank? By the very own master issuance certificate, the County <br />cannot loan money under the Series B. It's right in the actual tax certificate itself <br />signed by Ms. Crawford. So there was no intended benefit to begin with. In <br />addition, the other bonds were exhausted under a previous bond issue and <br />counsel Ashida himself states that the bonds were issued before the effective date <br />of their authorization by Bill 1040 there. So it is illegal . There could <br />have been no benefit to the people of Hawaii, because it was not intended to. <br /> <br />MR. BALSIS: Your comments are well heard, and they are part of the record. So <br />we do have a motion on the floor, and I'm looking for a second to that. <br /> <br />MR. HISASHIMA: Second. <br /> <br />MR. BALSIS: At this time, is there any further discussion amongst the Board <br />regarding this particular motion to dismiss make sure I get it right Petition No. <br />2012 -08 because it was found that there was no unfair treatment to the people in <br />that there is a perceived benefit to the people of the County of Hawaii. <br /> <br />MS. SCHOEN: Wait a minute. I don't think that was his motion. <br /> <br />MR. BALSIS: Okay, I'm sorry. Please correct me, then. <br /> <br />MS. SCHOEN: You misstated the motion. Am I right Arne? <br /> <br />MR. BALSIS: Please correct me. <br /> <br />MR. HENRICKS: I can't remember it anymore. <br /> <br />MR. COLE: Could we have an actual formal hearing for the mayor to tell us <br />what exactly is in it that we got for this $10 million? <br /> <br />MS. SCHOEN: Okay, let Mary Mary, do you have it at all? <br /> <br />SECRETARY: It was like it was a motion to dismiss for the statements that were <br />previously received, something like that. <br /> <br />MR. HENRICKS: I said there was not sufficient evidence to show that there was <br />unfair treatment under the evidence code. <br />