Please find the following exciting updates on our ongoing successes in making the Olowalu Fire Station, (OFS), become a lifesaving reality.
We will be sending invitations and details in the very near future. Save the date now and monitor our website at www.wmifinc.org for more information. We are actively seeking sponsorships. Please let us know if you are interested.
While it is clear that we almost lost Lahaina Town to fires originating at Olowalu several times, we were fortunate this past December because the wind was blowing in a direction away from town while it spread over 2000 acres and stayed mostly in the mountain area above us. We may not be so lucky next time and hurricane season is rapidly approaching to potentially complicate matters.
It's also clear that the property owners residing within 5 miles of our Olowalu Fire Station have the very most to gain from this added safety facility with lowering of insurance premiums; currently at the very highest at Fire Protection Class 10. (FPC10). We have learned from the Hawaii Insurance Rating Bureau that up to 50% reduction in Property Insurance Risk and premium protection costs will occur once the Olowalu Fire Station is in operation for 6 months with a new FPC5 rating! That literally means that the 600 homes in the area can save thousands of dollars in reduced insurance premiums annually. That’s what happened in Napili and Kahana and Kapalua and will be enjoyed by Launiopoko, Makila Ukumehame, and Olowalu property owners.
- SAVE THE DATE: SATURDAY, DECEMBER 30TH-2023 WESTIN MAUI HOTEL AND SPA 2ND GALA
- CONDITONAL PLEDGE INTENT FORM
We will be sending invitations and details in the very near future. Save the date now and monitor our website at www.wmifinc.org for more information. We are actively seeking sponsorships. Please let us know if you are interested.
While it is clear that we almost lost Lahaina Town to fires originating at Olowalu several times, we were fortunate this past December because the wind was blowing in a direction away from town while it spread over 2000 acres and stayed mostly in the mountain area above us. We may not be so lucky next time and hurricane season is rapidly approaching to potentially complicate matters.
It's also clear that the property owners residing within 5 miles of our Olowalu Fire Station have the very most to gain from this added safety facility with lowering of insurance premiums; currently at the very highest at Fire Protection Class 10. (FPC10). We have learned from the Hawaii Insurance Rating Bureau that up to 50% reduction in Property Insurance Risk and premium protection costs will occur once the Olowalu Fire Station is in operation for 6 months with a new FPC5 rating! That literally means that the 600 homes in the area can save thousands of dollars in reduced insurance premiums annually. That’s what happened in Napili and Kahana and Kapalua and will be enjoyed by Launiopoko, Makila Ukumehame, and Olowalu property owners.
While fundraising Gala’s are wonderful, a meaningful conditional pledge from property owners is perhaps the most significant for securing financing of the OFS. Pledging is a common practice in the banking industry. Laws and regulations regulate it to ensure fairness and transparency for both the borrower and the lender. It’s “Out of the Box” thinking that makes so much sense for our ultimate success. There is absolutely no risk making known your intention to commit to a conditional pledge. And, the pledge funds can be from Savings in Costs that keep paying dividends beyond what the pledge amount may be.
Please help us help you. We are hard at work securing necessary land use entitlements with project engineers and consultants. The very least we ask of you is send us your conditional pledge commitment by downloading & completing this form, and mailing to PO Box 10338, Lahaina, HI 96761.
Please help us help you. We are hard at work securing necessary land use entitlements with project engineers and consultants. The very least we ask of you is send us your conditional pledge commitment by downloading & completing this form, and mailing to PO Box 10338, Lahaina, HI 96761.
And/Or, if you haven’t already done so, please be a part of the solution and send your best gift donation to the WMIF today. You will be glad you did. Please call me personally on my cell 808-283-4533 if I can respond to any questions.
Warm Regards,
Joseph Pluta, President
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