The Kaua’i County Council decided yesterday not to take a vote on the proposed $215 million Kauai Electric sale to the Kaua’i Island Utility Co-op.
During a meeting in the historic County Building, council members decided to defer action on the matter following an executive session with Mayor Maryanne Kusaka to try to work out differences each sides has over the proposed sale.
Kusaka’s administration has opposed the sale because of numerous concerns, including KIUC’s projected revenues and the governance of the utility.
Attending the executive session/open session with the council were Bill Milks, a special counsel hired by the county to study the utility sale, and administrative assistant Wallace Rezentes Sr.
Kusaka said she couldn’t discuss what was said in yesterday’s meeting, but would be willing to meet with the council on Aug. 29.
The council has scheduled another executive session with Milks in the council chambers at 9 a.m. that day.