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conditions. What is notable, however, is that Kumu Hou would mean the resorts ultimate <br /> buildout would be well below its current entitlement cap, even including the 142 or more <br /> affordable housing units. In addition to this density reduction, with its repurposing of nine <br /> fairways, its landscaping strategies to emphasize native and drought-tolerant species and the <br /> increase it brings in available recycled water, Kumu Hou will enable the resort to actually reduce <br /> its withdrawals from the [Anaeho omalu] aquifer. In addition, right now Waikoloa Land <br /> Company is pursuing several common area landscape solutions throughout the resort that hold <br /> promise to offset a sizeable share of Kumu Hou's fresh water needs from the Waimea aquafer. <br /> With respect to visual impacts, thank you again Planning Department for the sharing the visual <br /> impact assessment,but I wanted to reiterate that we sought to honor South Kohala's raw beauty, <br /> its wide-open spaces and the long vistas that are there and that we want to preserve. The <br /> mandated 800-foot setbacks from Queen Ka`ahumanu Highway were maintained and we sought <br /> to enhance it further by setting development back even further from that line than was possible <br /> under the existing zoning and existing plans. We also emphasize conservation of the natural lava <br /> setting and a great deal more renaturalized lava in other areas. Overall, we're excited that we <br /> were able to achieve 69 percent of the project area as open to the sky with landscape solutions, <br /> with more sidewalks, trails,parks, and other open spaces open to the public. When I say public, I <br /> mean local residents as well as visitors and not just paying golfers. In our time together, I also <br /> learned that Mayor Billy Kenoi was passionate about public parks, and I want to say that the <br /> entire team here is excited to provide public parks here. <br /> Next, I'll note that Kumu Hou embraces all the archaeological and cultural protocols identified <br /> in the staff's proposed conditions. These include SMA 3, the project district conditions number 5 <br /> and 11. Those will result in a comprehensive trail system for the entire resort subject to SHPD's <br /> approval. With respect to civil infrastructure, despite the fact that infrastructure is already <br /> available to support Kumu Hou, the project district area, or"Area B", will be subject to Fair <br /> Share assessments as noticed in the Change of Zone Condition Y for that project district area. <br /> Additionally,because the project buildout is expected to extend almost 20 years, the staff wisely <br /> recommended, and we concur, that a traffic study be updated, and the applicant should comply <br /> with additional mitigations at a future point in time. And that's outlined in Condition N to <br /> Change of Zone. <br /> Finally, let me share a few thoughts that have been to address some of the issues that have been <br /> raised on timeshare generally and its benefits. First of all, timeshare units are far more like hotel <br /> units than they are short-term vacation units. They tend to be located in a resort area, as are <br /> these. They tend to be designed with amenities that are intended to keep visitors on site such as <br /> eateries,pools, gyms, and of course in this case adjacent golf. This is unlike many short-term <br /> vacation units that effectively serve as a perch from which a visitor is encouraged to explore the <br /> surrounding community or the rest of the island. Finally, the higher occupancy of timeshare as <br /> compared to a short-term vacation unit means that a timeshare project can achieve any given <br /> level of economic development on a far smaller land footprint. Besides saving the `aina, this <br /> supports more efficient infrastructure and, in a resort setting it won't tax the public for ongoing <br /> repairs and remediations. Those will be handled by the private entity. In short, timeshare can <br /> serve to curtail what some see as resort sprawl on our island. Finally,under timeshare, a single <br /> professional manager would oversee payment of the required taxes and comply with regulatory <br /> 16 <br /> EXHIBIT D <br />