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condition for hundreds of units. This ensures that TAT and GET payments get made accurately and on time, and just as importantly, it provides the public sector and public agencies with a very simple means of governments and accountability. As noted in our application,Kumu Hou's timeshare project,projectsare expected to generate six to ten million per year in net additional county tax revenues during its operations. Thank you so very much for your time. Let me know turn the mic, as we say, over to Stanford Carr if he is there. Daniel, to talk about— CARR: Aloha everyone. Thank you. I want to first apologize that I'm in and out. I'm actually on another Zoom call with the four County Mayors and the Hawaii Business Roundtable that I co-chair the housing committee along with Harry's son that's from Castle and Cooke. I just want to say that we're really excited about collaborating with Waikoloa Land Company and returning to Waikoloa Resort, this time not to build resort condominiums but to build workforce rental housing. So,we're very excited about this collaboration and actually bring workforce rental housing within a resort community so that people who actually work there can live there and eliminate a lot of the commute, especially long commutes from as far away as East Hawai`i, from Hilo to Pahoa to the resort to work on a daily basis so that these families can have better quality of life and use of their time with their family. And we really look forward to the challenge in building this and look forward to working the community to do so. I'm also here to address any questions any of you may have. BOEDEKKER: Thanks, Stanford. I think I'm going to take it from here. Good afternoon, commissioners and staff. My name is Cary Boedekker and I'm the president of the Waikoloa Foundation and the youngest daughter to the late Ronald Boedekker, developer of Waikoloa Beach Resort. I am here today in support of Kumu Hou timeshare development project, but before I share with you my thoughts on why this project is good for Hawai`i Island, I'd like to tell you a little bit about myself. I'm a 49-year-old, I'm 49 years old and I began coming to Hawai`i and specifically Waikoloa when I was 10 years old as I watched my father develop what is today called the Gathering Place of the Kohala Coast, Waikoloa Beach Resort. As a young girl, I would observe my father as he worked so hard to bring his vision for Waikoloa to life. A place where all could enjoy the majestic crystal ocean, the sacred fish ponds, and walk on trails revered by chiefs of this island. In the early days I would admire how much he cared for the islands, it's tradition and culture, but it was really over time that his fondness grew and ended up being a lasting love and connection with the culture, the land, and most especially the people. Some of the greatest memories we have had as a family to a place here on the Big Island of Hawai`i. I, too, have such a deep connection with Hawaii. My very first job was with Ocean Sports Hawai`i working on the beach and the seasmoke catamaran during my summer breaks. It was there where I, too, fell in love with every aspect of Hawaii. As a young adult I would make any excuse to be involved in Waikoloa which led me to develop and produce the Waikoloa Nights Concert series at the Queen's Bowl, which brought acts like Earth, Wind and Fire, Chicago, Journey, and the Beach Boys to our beautiful island. My point to all of this is that I'm invested here. I love everything about Hawaii. My `ohana is here and I am committed to preserving and protecting these lands for generations to come through my role as president of the Waikoloa Foundation. 17 EXHIBIT D