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1~~~~~ <br /> Pa~c 2 oj1, Letter ro C®u~aty ajR'aavafi <br /> ~ldsrdd .25, 2001 <br /> As put of our ongoing due diligence, it is important for us to uataierst~d the Cotasny's level of <br /> support for this project. We understand that there a~ some congas, both of flee County seed <br /> tDae corrassAtssaity, relatisag to this project. We always take a positiv® appeoach to dealing dtt ~ <br /> open e~+ay witDa cosscerns. VJe have aDready neat with the IPu'uanaDaaalu Coansaeunity Association <br /> to discuss their concerns and to reassure tlaen°e tDsat should this transaction lse fusali~d, vve <br /> fully intend to honour the cottasnitsssents made by flee cast owffiers. We also ea~d to be <br /> cora~fortable wills your DeveD of support for this project. Specifically, if rive decide to proceed <br /> with t19e project it will be important to us that the basic entitlesneDats are sta11 operable. Its this <br /> regard, yoasr and eventually the County CosaneDl's approval ®f dig Islaaad Couastry CIuDs and <br /> D?states' pendatag request mvouDd provide us with an indication tDtat dte Coutaty is~saapportive of <br /> flee project. <br /> If you have any questioass about our company or our involvement With this pa~ject, vve would <br /> be dsappy to arratage a asaeeting with you whereby we case meet to discuss any cerras that you <br /> may have. We would also be pleased to provide you with additions! itaforanatSon aboaat our <br /> corsaparny at y®ur request. In dse 3Eteantirree, vve wilD be continuing our due daligersce <br /> investigations, and vve look forward to the opportunity to work with you in the future. <br /> Yong: ply, <br /> ]i191'1i`ktAb~~s~ C'O 1'I®~ <br /> Johan Currle <br /> Senior Vice D?~sident <br /> aGlg <br /> <br /> );.a~cl. <br /> <br /> cc. Norio Saiga <br /> Sidaaey Duke, PDanrting Consultant <br /> 1?u'uanahulu Conas~munity Association <br /> w <br /> <br />