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project has been in a standstill for literally a decade. And as a matter of fact, under the present
<br /> conditions, the reality is it's just not feasible to, the project is not economically feasible to, to
<br /> move forward.
<br /> But we've done lots of ext- we've done extensive community research. 1, 1 certainly feel, on
<br /> behalf of the principals as well, that we really paid our fair share. And I would like to, you
<br /> know, thank the community and the Planning Department for working closely with us,
<br /> collaboratively, to try and help us find a way forward so that we can make this P51amanui master
<br /> plan community a reality.
<br /> So, thank you, Chair Smith, and thank you, members of the Leeward Planning Commission. We
<br /> are here to answer any questions you may have regarding this application.
<br /> CARR SMITH: Thank you, Steve. Sid, did you, were you planning to speak at this point? (No
<br /> audible response) No? Okay. All right, so, does that conclude your presentation, folks? (No
<br /> audible response) Okay. All right, so we'll move on to questions from the commissioners. Mr.
<br /> Van Perms.
<br /> VAN PERNIS: This is a question, I believe, for Mr. Col6n or Mr. Knox to answer. It's been 15
<br /> years since this was originally approved, and you said the campus needs a support community;
<br /> campus has been there since 2015. You are talking another 25 to 30 years for completion. When
<br /> do you intend to start? Can you commit to when you are going to start building this support
<br /> community?
<br /> CARR SMITH: Go ahead, Steve.
<br /> COLON: In order, in order for us to go forward with this project, like I said, we have this
<br /> request in for you; in our fixing these conditions for us will enable us to go out and attract
<br /> financing that we would need to go forward. Now, concurrent with that, you have an entire, you
<br /> know, design and permitting process that would probably take about a year, so I would say it
<br /> would, it would, you know, rough, rough, roughly speaking would probably be about a year
<br /> before we could, you know, really get rolling and bulldozers moving, stuff like that.
<br /> VAN PERNIS: When the first ordinance was approved, did Pdlamanui have the money to keep
<br /> their promise to build in five years?
<br /> COLON: When the last zoning amendment was approved, which some of you may remember
<br /> was way back in 2009, we did extensive, you know, planning and design work after that, and we
<br /> then made the commitment—this was, this is, you know, not something I'm making up, it's in
<br /> the, it was widely covered by the media, we presented a 9.6-million-dollar check to the
<br /> university in order to facilitate the construction of the university campus. We also put in a
<br /> 5.5-million-dollar road to go from Ka'iminani to the campus. We put in a 11-million-dollar
<br /> water system, and a couple million dollars for electric. That's 22 million dollars. So I think you
<br /> can probably say that, yes, we had the money to do that. We did that. We did exactly what we
<br /> had been asked to do by the community, by the county. And the fruits of that are you have kids
<br /> right now going to college on the west side. They used to be going to school down in
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