Letter: Ads mislead voters on RISE bond benefits

A reader claims that advertisements for constitutional amendment 2 are misleading, arguing that the RISE bonds are intended for developer-led infrastructure projects funded by future property tax increases.
The commercials tug at your heart. It says that voting “yes” on constitutional amendment 2 will fix potholes, bridges and aging infrastructure. Hawaii News Now’s Daryl Huff has a story detailing what ConAm 2 is all about. It is basically for developers to use RISE (“Resilient Infrastructure for Shelter and Equity”) bonds to fund new infrastructure development. Money will supposedly be recouped by higher property taxes in the new development.
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