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concerning building in a tsunami zone would likely affect any redevelopment of this area. Is everything going to have to be built 11 feet off the ground like it was in Keaukaha for residential structures, and I also know that during the or I was told by a tenant at the Iron Works building this is many decades ago. That during the tsunami much of the industrial equipment in the building was washed into the river and had to be dredged out and I'm just would like to know what kind of regulatory protections there are to prevent that kind of thing from happening again especially with possible commercial uses that would involve substances that should never go into a river. KERN: Thank you Commissioner Clarkson, Zendo Kern here,_----tanning Director. If I get this wrong staff feel free to jump in but this is basically the same station that we deal with Downtown where it's in a tsunami inundation zone. So, with the existing improvements they are allowed to make a certain amount of improvements to_thosewithin the threshold. Anything new though will have to meet the requirements of the tsunami inundation zone which should be very similar to a Keaukaha or Downtown situation. So, it's a bit of both-you know what I mean so they can work with what is existing there which_obviously makes sense something absolutely new or exceeding a certain dollar amount threshold would have to meet that_criteria and it's actually quite a challenging situation and we see in Downtown-because a lot-ofbuildings aren't necessarily improved to the level that we'd like to see them because of this situation. So, those regulations will be there but they also get_the latitude from what was existing. Does that answer your question appropriately? REPLOGLE: Thank you Mr. Kern. = CLARKSON: Yes, it does, it does, and I'd like_to askthe Applicants the same question. It's =Cmr- kind of a follow up toomissioneAu's question`about the vision considering the difficulties of building new structures or making major renovations to new structures in a tsunami inundation zone do you just basically see«sprucing up_what's already there and never passing a threshold where you would have to build to completely different standards that are now required:,- G. YAMANAKA: Well, you know itis avery challenging situation and you have to really see the economics-tat-idthe feasibility So,building anything new or expanding on any type of footprint is just not feasible at this-point in time if anything will happen and again there is no plan for any of that and the cost is_a big factor and the current situation has been a huge factor in that. But anything that would be done would be with hoping to attract the tenant willing to put in the money, to invest in the property and that would be the main thing that we would be looking at right now is if there would-be anyone interested in doing something we would definitely be open to that and taking advantage of being along the river and taking advantage of the view planes. But, again, there is no plans for that it's a huge cost to consider any of that and so hopefully that will be something done in the future and will help us to spruce up the back end of the property which if you can see the overhead pictures, it looks really bad back there. But again for us it makes no sense to fix it up if we can't find someone to put in there so that's been a huge issue for us. V. YAMANAKA: Raised hand. 7 EXHIBIT B (DRAFT)