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FOUNDATION SUCCESSFUL BIDDER FOR CENTRAL OAHU REGIONAL PARK TENNIS COMPLEX

At the public bid opening in Honolulu on May 7, 2003, Hawaii-Pacific Tennis Foundation obtained the bid to operate and manage the tennis complex at Central Oahu Regional Park. The successful bid represents a major step toward furthering the Foundation's mission to promote and develop the growth of tennis in Hawaii. The next step in the process consists of the City of Honolulu and the Foundation executing a contract for the actual management and operation.

"I am excited about the prospects which operating the complex presents for the growth of tennis in Hawaii, and specifically on Oahu" says Mark Beede, Hawaii-Pacific Tennis Foundation executive director. "I commend my Foundation's board for having the foresight and courage to step forward to take on this project, which can only benefit our community. They are truly operating from a sense of community improvement. Furthermore, we intend to involve the entire tennis community in realizing the tremendous potential which the complex has for local tennis, youth development as well as enhancing sports tourism on Oahu through special events and tournaments."

Additionally, executing a contract with the Foundation may pave the way for the City and County of Honolulu to commence the facility's second phase, which could include an administrative clubhouse, a 5,000 seat stadium and additional training courts. In last year's budget, the City approved 3.1 million dollars to finish the facility with a proviso that the City execute a contract with a private entity to assume the full costs of facility operation. The upcoming contract may well satisfy that condition, which will allow the project to move forward.

Obviously, this could not have happened without the support of the Foundation's members. The Foundation appreciates the past support and looks forward to working with everyone in the future to realize the full potential which this world class facility presents.

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