Honolulu Star-Bulletin from Honolulu, Hawaii • 20

Star-Bulletin B-4 Thursday. February 23. 1995 "Dole St, makai side, distance 45' Ewa direction from a point 195' Ewa of tbe Koko Head property line of 2695 Dole St' ifTHE Mi "Dole St, makai side, distance 310' Koko! Head direction from a point 48' Koko Head of the Koko Head end of Manoa Stream. Bridge." "Dole St, mauka side, between University Ave. and driveway 2570 Dole St" "Dole St, mauka side, distance 60' Koko Head direction starting from the Koko Head curb prolongation of University of -Hawaii Faculty Apts.

driveway at 2640. Dole St" "Dole St, mauka side, Ewa direction from the Ewa curb prolongation of University of Hawaii Faculty Apt, driveway at 2640 Dole St" "Rycroft St. mauka side, between Sheridan St and Laula Wy." h. By amending Schedule XXIV of Sec. establishing curb loading zones in the Mowing, particulars 1.

By adding thereto subsection (a) passenger loading zones the following items Kanekapolei St, Ewa side, distance 45' makai direction from a point 157' makai of the makai curb prolongation of Ala Wai Blvd." Kanekapolei St, Koko Head side, distance 35' makai direction from a point 139' ma- kai of the makai curb prolongation of Ala-Wai Blvd." "Lewers St, Ewa side, distance 22' mauka direction from a point 105' mauka of the mauka curb prolongation of Lauula St 2. By amending subsection (b) freight loading. zones item relating to Lewers St, Ewa side, distance 135' mauka direction from a point. 105' mauka of the mauka curb prolongation of Lauula St; to read: "Lewers St, Ewa side, distance 113' mauka direction from a point 127' mauka of tbe mauka curb prolongation of Lauula St" By amending Schedule XXVI of Sec. establishing time limit parking in the particulars 1.

By adding thereto the following items Kainehe St, (2 mauka side, distance approximately 62' Waimanalo direction from a point 223' Kahuku of the Kahuku" curb prolongation of Kailua Rd." "Kainehe St, (2 mauka side, front-Kihapai St to a point approximately 295' Kahuku of the Kahuku curb prolongation of Kailua Rd." 2. By amending item relating to Kainehe (2 both sides, between Kailua Rd. and Kihapai St; to read: "Kainehe St, (2 makai side, between Kailua Rd. and Kihapai St J. By amending Schedule XXVJH of Sec.

establishing restricted pedestrians crossing roadways by adding thereto the following item: "Richards St, the unmarked crosswalk across Richards St on the mauka side fronting the Iolani Palace driveway exit k. By amending Schedule XXXVCI of Sec. establishing miscellaneous traffic controls by adding thereto the following item: sSalt Lake Koko Head bound traffic in the makai most land must turn right at Arizona Rd." Section 2. This Schedule is hereby attached to and made a part of Article VI hereof and shall take effect ten (10) working days after its publication. CHARLES O.

SWANSON Director Department of Transportation Services City and County of Honolulu Dated: 21795 Copies of the Schedule are on file in the City Clerk's Office for use and examination by the public. (Hon. Feb. 23, 1995) (SB-2206) TRAFFIC CONTROL DEVICES Traffic Schedule No. 85-1 IN ACCORDANCE WITH THE PROVISIONS OP ORDINANCE NO.

91-67 AMENDING ARTICLE III THE DEPARTMENT OF TRANSPORTATION SERVICES, CITY AND COUNTY OF HONOLULU, HEREBY ESTABLISHES TRAFFIC SCHEDULE NO. 95-1 TO AMEND SCHEDULE OF SECTION (3) ESTABLISHING SPEED UMIT-25 MPH; SCHEDULE XI OF SECTION 15-Ob) ESTABLISHING NO TURNS; SCHEDULE XIV OF SECTION ESTABLISHING STOP INTERSECTIONS; SCHEDULE XVH OF SECTION (4) ESTABLISHING TOW ZONES-AM PEAK; SCHEDULE XIX OF SECTION (6) ESTABLISHING TOW ZONES-AMPM PEAKS; SCHEDULE XX OF SECTION (7) ES-TABUSHING TOW ZONES-24 HOURS; SCHEDULE XXD OF SECTION ESTABLISHING PROHIBITED PARKING CERTAIN AREAS; SCHEDULE XXIV OF SECTION 15.15.1(d) ESTABLISHING CURB LOADING ZONES; SCHEDULE XXVI OF SECTION ESTABLISHING TIME LIMIT PARKING; SCHEDULE XXVIII OF SECTION ESTABLISHING RESTRICTED PEDESTRIANS CROSSING ROADWAYS; SCHEDULE XXXVIII OF SECTION ESTABLISHING MISCELLANEOUS TRAFFIC CONTROLS. Section 1. Chapter 15 (1990 Traffic Code), City and County of Honolulu, is hereby further amended in the following particulars: a. By amending Schedule of Sec.

15-7i(b) (3) establishing speed limit-25 mph by adding thereto the following items "Akumu St, for its entire length." "Ala Aolani St, for its entire length. "Alani for its entire length. East Manoa for its entire length. "Kapulena for its entire length." "Lima St, for its entire length." b. By amending Schedule XI of Sec.

154.3(b) establishing no turns by adding thereto the following items: sMcCully St No right turn from McCully St into Kalakaua Ave in the Ewa direction except City buses." S. King St No right turn from S. King St into Birch St in the makai direction. c. by amending Schedule XIV of Sec.

establishing stop intersections in the following particulars 1. By adding thereto the following items "Iwilei Rd. Traffic on Iwilei Rd. shall stop before entering Sumner St "Kilauea Ave. Traffic on Kilauea Ave shall stop before entering Sixth Ave." "Pohukaina St Traffic on Pohukaina St shall stop before entering Cooke St" "Waikapoki Rd.

Traffic on Waikapoki Rd. shall stop before entering Wailele Rd." "Wailele Rd. Traffic on Wailele Rd. shall stop before entering Waikapoki Rd." 2. By deleting therefrom the following items "Sumner St Traffic on Sumner St, Ewa direction, shall stop before entering the intersection." "Sumner St Traffic on Sumner St, Koko Head direction, shall stop before entering the intersection." d.

By amending Schedule XVII of Sec. (4) establishing tow zones-AM peak by adding thereto the following item: "Kainehe mauka side, distance 223' Kahu-ku direction from the Kahuku curb prolongation of Kailua Rd." e. By amending Schedule XIX of Sec. (6) establishing tow zonesAMPM peak by deleting therefrom the following item "Dole St, mauka side, between University Ave and driveway of 2570 Dole St By amending Schedule XX of Sec. (7) establishing tow zones-24 hours in the following particulars By adding thereto tbe following items "Dole St, mauka side, from the Ewa curb prolongation of the driveway of 2640 Dole St (University of Hawaii Faculty Apts.) to University Ave." "Dole St, mauka side, distance 87' Koko Head direction from the Koko Head curb prolongation of tbe driveway of 2640 Dole St (University of Hawaii Faculty 1 By amending item relating to Dole makai side, between University Ave.

and Manoa Stream Bridge; to read: "Dole St, makai side, from University Ave. to a point 150' Koko Head of the Koko Head curb prolongation of the driveway to 2640 Dole St (University of Hawaii Faculty g. By amending Schedule XXII of Sec. establishing prohibited parking certain areas in the following particulars 1. By adding thereto the following items "Alani Ewa side, distance 20 makai direction from the makai property line of 3662 Alani Dr." "Apele PL, northern side, for its entire length and including its terminus." "Dole St, makai side, distance 131' Ewa direction from tbe Ewa curb prolongation of Kanewai St" Kamani St, Koko Head side, distance 36' makai direction from the makai curb pro- longation of Waimanu St" "Kamani St, Ewa side, distance 30' makai direction from the makai curb prolongation of Waimanu St" "Kuakini St, makai side, from a point 37' Ewa of tbe Koko Head property line of 35-C Kuakini St to a point 36' Koko Head from the Koko Head property line of 35-C Kuakini St "Lilipuna Makapuu side, from Kame-hameha Hwy.

to Cobb Adams Rl" "Maleko St, Makapuu (eastern) side, from the makai curb prolongation of Aloha Oe Dr. to and including its turnaround area." "Manele St, mauka side, from the Ewa curb prolongation of Alapai St to its terminus, 4:00 to 8:00 a.m., Tuesdays and Fridays" "Manele St, mauka side, distance 24' Ewa direction from the Ewa curb prolongation of Alapai St" "Manele St, makai side, distance 32' Ewa direction from the Ewa curb prolongation of Alapai St" "Rycroft St, mauka side, distance 36' Koko Head direction from the Koko Head curb prolongation of Cedar St" "Rycroft mauka side, distance 92' Koko Head direction from the Koko Head curb prolongation of Piikoi St" "Rycroft mauka side, between Piikoi St and Laula Wy." 2. By amending item relating to Sereno Koko Head side, distance 28' fronting 1823 Sereno St; to read: "Sereno St Koko Head side, distance 125' mauka direction from a point 4' makai of the makai property line of 1813 Sereno St." 3. By deleting therefrom the following items Grant backs study in Hawaii By Jerry Tune Star-Bulletin A $400,000 federal grant is keeping hopes of lnterisland ferry service afloat Pacific Marine of Honolulu recently received the high technology grant from the Department of Defense to study the demand for an lnterisland ferry and write a business plan. The company is co-developing the SLICE vessel with Lockheed Corp.

of California. (SLICE is a name, not an acronym. Its technology is based on SWATH, which stands for Small Waterplane Area Twin Hull. There are two SWATH vessels in Hawaii, Navatek I and II.) Pacific Marine will begin building the 110-foot-long SLICE this fall at its Honolulu Shipyard Inc. Sea trials in Hawaiian waters are expected in summer 1996.

Pacific Marine is providing $500,000 toward the ferry study. Many companies have tried and failed to start an lnterisland ferry system since the Inter-Island Steam Navigation Co. shut down regular ferry service in 1949. Seaf lyte jet hydrofoil ferry operated between 1975-78 but no ship design tried to date was able to deliver the speed and comfort necessary to attract enough riders. SLICE is designed to cruise at 35 knots through rough Hawaiian waters without passengers getting seasick.

For a trip from Hawaii Kai to downtown, the travel time would be 30 minutes, plus any time required for stops. From Honolulu to Lahai- na, Maui, travel time would be about 2Vt hours, according to Pacific Marine. If the SLICE testing is successful, Pacific Marine wants to design and build SLICE ships in Hawaii. Steven Loui, president of Pacific Marine, sees a potential for three passenger ships, at about $12 million each, and three larger passengervehicle ships, at about $32 million each, for the Hawaii market The City and County of Honolulu recently decided to study the possibility of daily commuter ferry service between downtown Honolulu and communities in Hawaii Kai and Leeward Oahu. Charles Swanson, director of transportation services, says his internal department study should be finished by fall.

no BUSINESS BRIEFS 30-year, fixed mortgages decline to 8.73 percent WASHINGTON Thirty-year, fixed-rate mortgages averaged 8.73 percent this week, down from 8.84 percent last week, according to a survey released today by the Federal Home Loan Mortgage Corp. It was the lowest since Sept 22, when the average also was 8.73 percent One-year adjustable rate mort-; gages averaged 6.60 percent, down from 6.66 percent last week. Fifteen-year mortgages averaged 8.34 percent this week, down from 8.46 percent a week earlier. The rates do not include add-on fees known as points. Court approves sale off KITV to Texas company KITV, the ABC affiliate televi-'.

sion station in Honolulu, is on its way to having a new owner. The U.S. Bankruptcy Court in the Western District of Wisconsin yesterday approved the sale of KITV and its satellite stations on the neighbor islands by Tak Communications Inc. to Argyle Television Holding II Inc. of San Anton-Mo, Texas.

The sale price is $51 million. Tak has been operating under Chapter 11 bankruptcy protection since 1990. The sale is still subject to approval by the Federal Com- munications Commission. Argyle also will take over WGRZ, Tak's NBC affiliate in Buffalo, N.Y., for an additional $91 million. It now owns TV stations in Grand Rapids, Providence, R.I.; and Jackson, Miss.

Hawaii National Bank parent posts profit dip Hawaii National Bancshares parent of Hawaii National Bank, reported a slip in annual earnings to $872,000, or $1.23 a share, in 1994 compared with $1.28 million, or $1.79 a share, in 1993. An income tax change accounted for some of the 32 percent drop. The change produced a onetime gain of $350,000 in 1993 that was absent in 1994, said Warren Luke, president However, the state's slow economy also contributed and last year the bank increased its reserves for possible loan losses by $285,000. At year-end Hawaii National, the fifth largest of Hawaii's seven commercial banks, had assets of $290.3 million, deposits of $261 million and loans of $217.4 million. From staff and wire reports 66 CD rate vahd only witfi a of A Hawaii personal checking There is a minimum deposit of $2,000 be mposed lor earty withdraw.

See branch far ims weeKem we re mm wmm new interest9 9 Ti ANNUAL PERCENTAGE YIELD This Friday, Saturday, and Sunday, February 24 26, the bank of choice is offering you another great choice a great rate! Open a CD or IRA that pays 6.00 annual percentage yield over 9 months or a 3-month CD that pays 5.00 annual percentage yield. Besides a Bank of America checking account, all you need is an opening deposit of $2,000. Whether you're rolling over a maturing CD or IRA or opening a new account, just stop by any BofA branch this weekend. With the extra money you make, you might even be able to take up a new hobby. of America America.

FSB. 1995. Insured by FDIC TtiE Bank of Choice Dank checking account IRA CD rate does not require checking account. Opening deposit of $50 required tor and a maximum CD deposit of $600,000 tor this special otter. Interest is compounded dairy.

A penalty may complete details Limited Wne otter Not valid with any other ofler. Bank of LCNOCR.