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members, I just kind of want to start off by noting how great and excellent a job your staff did in reviewing and analyzing over 1,000 pages of these applications and accurately distilling them down and doing their presentation today. Yes, the applicant has reviewed the staff's background report and corresponding recommendations and we are pleased to say that we concur with all of them. They did an excellent job. Your staff report is not only accurate, but very comprehensive, and you had a very long morning meeting. So, in the interest of time, our presentation will briefly touch upon the reasons for the request and in so doing, we trust that our presentation will be able to address matters such as the workforce housing, the timeshare, and regulatory compliance. Accordingly, I would like to first introduce all of the persons who will be testifying. Mr. John Plunkett, he's Vice President of Waikoloa Land, the master developer of the Waikoloa Resort who'll essentially cover the reasons for the request. He will be followed by Ms. Ann Bouslog of PBR Hawaii, who'll summarize as may be needed the project's compliance with the General Plan and other infrastructure-related matters. Mr. Stanford Carr, I'm—hopefully he's here and if he's not there then Daniel Sandomire, they're the plan developer of the workforce housing project. By the way, the resort's first and unprecedented workforce housing within a resort on the island of Hawai`i. Finally, we'll have Ms. Cary Boeddeker. She's the daughter of the founder and original developer of Waikoloa Resort, Ron Boedekker, who'll cover the Waikoloa Foundation, and I think that as she talks about the Foundation, some of the questions that were raised during the public testimony portion will be answered. Finally, we'll have Mr. Plunkett kind of wrap it up by giving some closing remarks and then open ourselves up for questions. We do have a number of professional consultants on board who are available for questions by the commissioners or the staff. So, with that, I'd like to turn so-called the mic over, or the camera over to Mr. Plunkett. John? PLUNKETT: Mahalo, Sid, and mahalo to the Planning Commission and the staff for the time that you've provided us today. My role today as the owner's rep is to provide context about our intentions for the development of Kumu Hou. Waikoloa Land Company has been in business for over forty years on Hawaii Island, and actually since 1978, and uniquely our ownership group has been the same since the very beginning. Our founders envisioned Waikoloa as a master plan community where kama'aina and visitors have enjoyed amenities and recreational space or historical sites and other things. The late Ron Boedekker who's the visionary behind Waikoloa, whom prior to his passing was my boss, relayed to me on numerous occasions that whatever we did he wanted us to consider the people of Hawai`i and all that we've created. Ron's family continues this tradition, which you'll hear more about from, today from his daughter who's the president of the Waikoloa Foundation, Cary Boedekker. We believe our efforts in Waikoloa have generated some substantial benefits both for the island's hospitality industry and for our island residents. Waikoloa's master plan community now supports over 5,000 local jobs and its strategic partnerships have created further economic opportunities for our community. We've always been very conscious of providing public access to our beaches, the public transportation infrastructure, and that we're very pleased that Waikoloa has always successfully welcomed kama'aina use of the visitor infrastructure. Something I believe Waikoloa's done better than any other master plan resort in the state of Hawaii. 14 EXHIBIT D