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County surveyed for this Wharton Index, Big Island was top of the list, and nationally top of the list in land use restrictiveness on developments. So, it's a very, it's a very brief paper, couple pages. Good read. Now they can't say there's causal connection there, but there's a strong correlation in their statistics. So, all of the decisions that you make here, be it well-founded and well-thought out, they affect housing prices beyond here. So, that's just my two cents. VITOUSEK: Yeah, and I completely understand that. I—my perspective is that in instances of affordable housing and attainable housing where you're trying to create a product that median income people can buy. That's where you can make those concessions in order to limit the, the upfront costs that would then limit the price that median income families would have to pay. But a median income family's not going to be buying a one-acre lot in Holualoa. That's just market-driven truth. It's not going to happen. So, in this case where if a lot's going to be sold at market value, my personal perspective is that we should be following our, our fullest ability to bring that development up to the compliance necessary for the future for environmental management, which would be the minimum requirement of putting in sewer lines and I looked up our sewer line costs a couple years ago, so it's different than it would be now. It was $230 per square foot, or linear foot, sorry. CHEN: Some building costs are now five to seven times [inaudible] now. VITOUSEK: They did. They've gone up. That was, that was couple years ago. CHEN: So, on the cost issue, if I may, one more thing, an actual road to the south part, so the south part neighbor, I know him, he's a very nice guy. He bought that land. He's not going to sell for another—until he dies. He got a probably another 30 or 40 years to go. He's not going to sell ever. And he's using that to develop an eight-acre for avocado trees. He's going to have a farm there. So, he's never going to develop any of these. So even that piece of road is a complete waste. But [indecipherable] to help County [indecipherable] okay, we're going to build that road or, you know, is actual waste but we accepted that. But you have all the waste and adds up with the extra sewer, then it becomes the project is a no-go. PIPAN: So, we've got additional water commitments at 6,000 apiece. The water infrastructure, the road infrastructure, the fair share contribution at $15 plus thousand dollars apiece. It adds up really quickly. VITOUSEK: Such is the nature of development, right? I mean, yeah. 29 EXHIBIT F