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REPLOGLE: Mr. Yamanaka. Vern. V. YAMANAKA: I think a good example of what Garth's talking about is the fact that we actually have spent some money in improving the front office spaces that you see. You might see on the wall that we have United State Geological Survey (USGS), you know the Federal USGS has taken over a substantial part of the property but in the process, we need to meet the Federal Codes and Requirements. There's been over almost about half a million dollars spent in just improving the existing structure. Four loads went up from seventy (70)pounds per square foot to over two hundred (200)pounds per square foot. So, your--d on't really see a lot of that work that we've accomplished in the last couple years. It's all been structurally done where the office spaces have gone but also, as Garth pointed out an edo pointed out. Working within the footprint is probably, we have so much space there-and.somuch space that can be improved and if we work in the existing footprint there's a lot_of work for unto hopefully create new space and spend the money to improve those kinds of spaces. My understanding is if we work in the existing foot print we are not subject to that new construction criteria that_=-youu were mentioning. REPLOGLE: Thank you. AGUINALDO: Raised his hand. I havguestion. REPLOGLE: Yes Mr. Aguinaldo. AGUINALDO: This is for Garth and Mr. Yamanaka So basically;the foot print you guys are indicating is the existing metal structure. I rem'ember_=back-then_when you were speaking as far as what the Iron Works building why because we used to bring-bur flatbed there to get it fixed and weld the bed on because_it was-rotten. So, what I foresee here is like the question was being asked from youfolksthe potential like-basically the expectation like you said had interest. What kind of interests were there to utilize yes like to attract because the selling market point is the river right view, location,locationyou guys got=ample parking but, what is the highest and best use is to-have that being considered and_a thought of what kind of jobs and anticipation being attracted to come in or what is being offered or what kind of businesses so, I'm assuming that big metal building iswhat you're trying to have the use as an Industrial-Commercial Mixed is that correct? -- G. YAMANAKA: Well,youu,know that's the space that a lot of people have interest in because of the location next to the riverbut, again, that's not the goal of what why we are doing this. The goal isn't to develop everything at this point in time for future use whether it's the current owners or some future owner. You know that would be an opportunity for them and some of the people have come in we've had a brewery approach us; we've had restaurants, we've had a gym that they've worked on in the past and it's an unique property we do have the ability for mooring on the back side as well and so there is a lot of opportunity for future users of the property. But again, the regulations is not something that is just easily, easy to get through, there's a lot of cost involved and a lot of concerns and going through processes like these to overcome. So, interest is great to have but the reality is it's very difficult to get things done this been a huge problem. This helps us go in the right direction and for us the concern has always been it survived us 2 8 EXHIBIT B(DRAFT)