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EXHIBIT B <br /> FORM OF PAYMENT REQUEST <br /> County of Hawaii <br /> Community Facilities District No. 1-2021 <br /> (Kaloko Heights Project) <br /> The undersigned hereby requests payment of the Actual Costs described in Attachment A <br /> attached hereto. Capitalized undefined terms shall have the meanings ascribed thereto in the Project <br /> Funding and Acquisition Agreement, dated as of , 2021 (the "Project Funding Agreement"), <br /> by and between the County of Hawaii (the "County") and RCFC Kaloko Heights, LLC, Kaloko <br /> Heights B1A Holdings and Kaloko Heights Investors, LLC (collectively, the "Developer"). In <br /> connection with this Payment Request,the undersigned hereby represents and warrants to the County <br /> as follows: <br /> 1. He (she) is a duly authorized representative of the Developer, qualified to <br /> execute this request for payment on behalf of the Developer and knowledgeable as to the matters forth <br /> herein. <br /> 2. Each item of Work described in Attachment A has been completed in <br /> accordance with the Plans therefor. <br /> 3. The true and correct Actual Cost of each item of Work for which payment is <br /> requested is set forth in Attachment A. Such Actual Costs were properly incurred and are currently due <br /> and unpaid. Payment of such Actual Costs is within the budgeted amount for such Work under the <br /> current Project Budget. <br /> 4. Attached hereto are invoices, receipts, worksheets and other evidence of costs <br /> (including certified payroll data) which are in sufficient detail to allow the County to verify the Actual <br /> Cost of the Work for which payment is requested and to verify compliance with applicable prevailing <br /> wage requirements. <br /> 5. Also attached hereto is a certification by the Developer's project engineer <br /> verifying that the requested payment is for Work performed in accordance with tfie Plans and the <br /> schedule of values agreed upon in the Construction Contract. <br /> 6. The Developer is in compliance with the terms and provisions of the Project <br /> Funding Agreement. <br /> [7. There has not been filed with or served upon the Developer notice of any lien, <br /> right to lien or attachment upon, or claim affecting the right to receive the payment requested herein <br /> which has not been released or will not be released simultaneously with the payment of such obligation, <br /> other than materialmen's or mechanics' liens accruing by operation of law. Copies of lien releases for all <br /> Work for which payment is requested hereunder are attached hereto.] jfor frnol payment J <br /> B-I <br /> 425547.5 <br />