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Barbara Scott Pagc 4 of 4 <br /> <br /> Organization, is Daniel E. McCabe. <br /> Additional information is available regarding IXG, including the company's Internet site <br /> <br /> message introducing its services as "a nation-wide qualified intermediary specializing in all types of <br /> 1031 tax deferred exchanges, including complex reverse, construction, and personal property <br /> <br /> exchanges." <br /> The IXG staff list is oCinterest to the Pualani Makai Project. The list includes Colorado <br /> <br /> consultant Daniel McCabe, Esq., IXG's specialist in 1031 and Reverse Exchanges, and President of <br /> Investment Exchange Group. Andrew McCabe is also a Colorado based IXG consultant and has a <br /> <br /> background in mortgage marketing and lending. In Hawaii, Ron Lunsford currently serves as a <br /> regional manager and 1031 consultant for Investment Exchange Group with offices in Honolulu. <br /> Mr. Fuke has identified Drew McCabe as the Suffolk principal, and the Hawaii business <br /> registration records identify Ron Lunsford as the Suffolk registered agent. <br /> <br /> Conclusion_ <br /> The Pualani Makai Project principals have not actually come forward. I hope it is possible <br /> <br /> for Council Members to defer proceeding with the application process until the applicants provide <br /> <br /> verifiable information. <br /> Of course, I personally prefer that nothing is ever build in the floodway and that North Kona <br /> <br /> development is delayed altogether until the infrastructure can at least meet current needs. <br /> Respectfully, <br /> Barbara Scott <br /> 5/31 /2005 <br /> <br />