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r.$r. Christopher J. Yuen June 11, 2007 2007-33-0300 / 07P-214 ' Page 2 drainage studies were done and subsequently filed with the County. A Conditional Letter of Map Revision (CLOMR) application was also filed with the Federal Emergency Management Agency (FEMA) in 1994 and later approved by that agency. Notably, in June 1989, Gamrex, [nc. acquired a 12-acre site makai of its property with the intent to satisfy Condition A of the LUC Approval relating to affordable housing. In December 1992, Gamrex entered into an agreement with the County Office of Housing and Community Development (OHCD) to dedicate the newly-acquired site to the OHCD for the provision of affordable housing. Prior to turning the land over to the County, however, the owner is required to complete the drainage improvements to the property. This would involve a number of preliminary steps even before any improvements on the drainage system can be undertaken. In 2002, Gamrex filed a Special Management Area (SMA) Use Permit Application for the makai portion (below Kuakini Highway) of Kona Vistas' flood control or drainage improvement project. A drainage easement over privately owned CPR property within the Kalani Makai subdivision was required in order for the SMA Application to be processed. Gamrex, with the assistance from the County Planning Department (PD), completed the agreement with the owners of the CPR property. This agreement required the consolidation and resubdivision of several lots and the creation of an easement for the drainage. It also provided the final boundaries for the 12-acre affordable housing site. The OHCD was kept apprised of all changes to the configuration of the 12-acre site during this process. Finally, the 12-acre site, easement, and land exchange were approved by the OHCD, and the SMA Use Permit was approved in May 2003. Final subdivision approval for the affordable housing site and drainage easement was granted in 2004. In February 2004, Gamrex commissioned preliminary engineering studies for the multi-family residential site and began working with the County PD on a future road connection with a subdivision to the north of the Kona Vistas Subdivision. A topographic survey was also completed at that time, and information was compiled for the preparation of a National Pollutant Discharge Elimination System (NPDES) Permit application. In December 2004, Gamrex submitted plans for the upper portion (above Kuakini Highway) of the flood control system to the County Public Works Department (PWD) for preliminary review, and in January 2005, submitted plans for the lower portion. Presently, the plans are approximately 80 percent complete. Then, in January of 2006, Gamrex transferred ownership of the property to the present owner, Kona Vistas, LLC. The new owner has been working up to recently on completing the pending required approvals for the single-family residential lots. Kona Vistas, LLC is now focused on the multi-family portion of the property, which has a November 2007 deadline to obtain Final Plan Approval for the first increment. I