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it yF • Area C will not have buildings per se, but will house the new brackish water wells and distribution system, including an existing golf course lake. The Resort is served by Hawaii Water Service, which has confirmed in writing that is willing and able to serve Kumu Hou's water and wastewater needs. Investing in Hawaii's Economy and Community Timeshare is an alternative to traditional hotel developments, and to individual rental units, which are often disbursed in residential communities. Timeshare offers a preferred visitor base known for its resilience, and proven stability — qualities that can support a more sustainable, diverse economy in the long-term, while keeping visitors largely centered at the Resort. Kumu Hou's development is expected bring more than $30 million in direct development-related expenditures per year during its design and planning, and $60 million per year over some 16 years of construction. It will generate about 260 to 520 construction-related jobs per year during its development, and 470 direct, permanent jobs by the time its completed. Also expected are 610 indirect jobs that may be distributed throughout the state. Our Commitments Kumu Hou is WLC's plan to leave a legacy in West Hawaii that will sustain a vibrant center of employment, culture, and community for generations to come — for the benefit of Hawaii Island residents as well as for our economy. Towards this end, we pledge that if Kumu Hou proceeds, it will include: • Affordable Housing —At least 140 workforce rental units for kama'aina, planned to be built near the Queen's MarketPlace. We believe this will be. the first affordable housing to be prioritized within a resort in West Hawaii. • A Cultural Center at the Parker Ranch Building — Conversion of this iconic building near the shoreline into a community gathering place, dedicated as a home for educational programming and perpetuation of cultural practices. • Major Community Endowment — A portion_of sales proceeds of the new timeshare units in Area B will be set aside as an endowment for The Waikoloa Foundation — a total possible contribution of $45 million — to be funded between about 2027 and 2042. This will allow the Foundation to expand its impact for residents of Hawaii Island in areas such as education, environmental stewardship, and culture. Finally, numerous studies to assess the project's environmental and cultural impact have been completed, with.suggested protection measures committed to in areas such as traffic, traditional cultural practices, archaeology, air and noise, flora and fauna, groundwater and nearshore waters, visual impacts, civil engineering, and sustainability.