UH fire destroys payroll records HONOLULU (AP) — Authorities say a fire on the University of Hawaii campus has destroyed a building that stores records for payroll, vendor payments and student loans for the entire UH system. ADVERTISING UH spokesman
UH fire destroys payroll records
HONOLULU (AP) — Authorities say a fire on the University of Hawaii campus has destroyed a building that stores records for payroll, vendor payments and student loans for the entire UH system.
UH spokesman Gregg Takayama said the blaze in the university’s budget and fiscal office houses the records of about 60,000 students and 7,000 to 8,000 faculty and staff.
Fire officials say the fire was reported at 8:03 a.m. Sunday, with firefighters appearing to have had it under control at 8:21 a.m.
But Honolulu Fire Capt. Robert Main says around 10 a.m. the building erupted into flames.
Main says the building is now considered a total loss. The cause of the blaze is under investigation.
Hawaii joins in $25B settlement
HONOLULU (AP) — Hawaii has joined what’s being called a landmark $25 billion federal-state agreement with the nation’s five biggest mortgage servicers.
Hawaii Attorney General David Louie said Thursday the state is sharing in a settlement for foreclosure abuses and fraud committed by banks against homeowners.
The banks involved in the agreement include J.P. Morgan Chase, Wells Fargo, Bank of America, Citigroup and Ally Financial.
Louie says this agreement is a good deal. He says it will give real relief and money to struggling Hawaii homeowners.
Officials say the state’s estimated share of the settlement is $71 million. This includes about $8.2 million in relief funds for Hawaii homeowners. The agreement also addresses reforms for future mortgage loan practices.
APEC cost city less than $21M
HONOLULU (AP) — Mayor Peter Carlisle says it cost Honolulu less than half the budgeted $43 million to host the Asia-Pacific Economic Cooperation forum.
Final costs for hosting APEC in November were calculated last week. Carlisle says the price tag ended up being less than $21 million.
APEC expenses included paying for supplies and equipment and ensuring the safety of dignitaries such as President Barack Obama. The city has applied for federal reimbursement for some of the costs.
The savings will offset increased electricity and fuel costs for city operations.
