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Aaron S.Y. Chung, Council Chair and Members of the County Council County of Hawaii Page 2 cannot use Mdk5lei Drive, except for construction work related to the Palamanui water system within easements of record within M5kdlei Estates. Please note that the draft conditions were incorrectly lettered when reviewed by the Planning Commission which may cause confusion when reviewing the transcripts of the Leeward Planning Commission meeting. Condition S related to parks in Ordinance No. 09 132 was referred to as Condition P in the transcript and is now correctly lettered as Condition R. Condition V related to roads in Ordinance No. 09 132 was referred to as Condition S in the transcript and is now correctly lettered as Condition U. Condition X related to Mdkdlei Drive in Ordinance No. 09 132 was referred to as Condition Y in the transcript and is now correctly lettered as Condition AA. We apologize for the confusion this may cause Palamanui Global Holdings LLC ("Palamanui") is the owner and developer of the 725-acre property known as the mixed use "Palamanui Development" on TMK 7-2- 005:001, which consists of 695 acres zoned Project District and about 30 acres zoned MCX (Industrial-Commercial Mixed) located just north of the University of Hawai'i- West Hawaii campus ("UHWH"). One of the short-term objectives of the Palamanui Development was to help kick start the development of the UHWH, with the goal of creating a university village that consisted of a university and a community. Palamanui has already invested more than $22 million towards the construction of the UHWH and related infrastructure in a cooperative undertaking with the University of Hawaii. Palamanui's work and expenditures that have directly benefited and/or supported the UHWH include: • Funding $4.4 million for the completion of a new road from Ka'iminani Drive to the new University Drive, which is identified as Road 3A in the Kona Community Development Plan("KCDP"); • Funding $5.3 million towards the construction of the first phase of the UHWH campus, including a$700,000 contribution for an environmentally superior wastewater treatment system on the campus site; • Designing and constructing an$11.55 million water system to support not only the Palamanui project but future growth of the UHWH campus; and • Installing power and cable to the UHWH campus at a cost of$400,000. The UHWH opened its doors in Fall of 2015. Palamanui hopes to develop its planned University Village which will provide support to the UHWH, as well as to