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KERN: From my understanding Mr. Julkowski would be developing it. <br />D. JULKOWSKI: I have cont- I had push the button, I'm sorry—we have contacted different <br />contractors. By now they're long gone, so we'd have to start over again because this has been <br />over a year and a half from the time we had everything in order to where we are today— <br />KERN: Yeah, let me clari <br />D. JULKOWSKI: —it has to be started over again. <br />KERN: Yeah, Danny, one, one second. So, a lot of times what happen is somebody will say <br />we're going to do affordable housing, and what they'll do.�is.they'll get the land entitled for that <br />affordable housing and then, you know, they'll sell it to 'a non -prof t, or turn it over to a <br />non-profit to actually develop that housing. But ourunderstanding was that you would actually, <br />whether you'd be hiring contractors to do the work, -'but you guys would actually be the <br />developers - - - the affordable housing, as well as infrastructure, etcetera. -,---..It also should be noted <br />that the smaller CV lots would provide an opportunity for small business owners like a dentist or <br />somebody like that to actually be able to have a lot and build a "small commercial establishment <br />on it, which is pretty hard to find in Waikoloa; everything is pretty large scale in that regard, so <br />you're forced to rent. So, they would be the developers:_ <br />CARR SMITH: Thank you. Anything else? Faye,.hi, go ahead:. <br />YATES: I just have a question:;` -Should, you know, this project go:forward, are you going to be <br />building the, doing the infrastructure and building that hardware store first before you get to the <br />housing? And are you:going to be bringing in all,of the supplies after you build this hardware <br />store to build your affordable housing?_ Everybody talks about affordable housing. To me, it <br />always seems that they're saying affordable.housing 'so that everybody will jump on it, because <br />of course_ we, want ;affordable housing. But myy question is, are you going to do infrastructure, <br />build your, hardware store; : and is- the materials coming in through your hardware store to build <br />this affordable housing? <br />CARR SMITH: `Go ahead, Mf. 'Julkowski. <br />D. JULKOWSKI: Yes. I, I actually did a deal that I handed in. Me, Tim Richardson, had a <br />meeting at Planning, and I .gave up a whole list of how we're going to do it. Instead—I'd like to, <br />I'll just read it off to you =first thing is to have the property rezoned and subdivided. Next phase <br />would be to do the infrastructure, the grading. Roads that are necessary would be the next phase. <br />So, we'd be doing just infrastructure till the infrastructure's completed. The next would be being <br />allowed to start looking at being able to sell the five lots so we can start creating some more <br />revenue. I do have somebody to work with, but cost is up there. So, the next thing, phase four, <br />would be building the store and getting it open. Then, to complete the rest of the infrastructure <br />into the housing part of it, and then would be starting phase six, would be starting the duplexes <br />and the fourplexes for the housing. And that's the way it was set up; that's the way it was given <br />to the County when we had a meeting with the County prior to leaving the island back in, I <br />believe it was in February, end of February, first of March, right in that period of time. And I <br />20 <br />DRAFT <br />