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CARLSMITH BALL LLP A LIMITED LIABILITY LAW PARTNERSHIP 121 WAIANUENUE AVENUE P.O.Box 686 HILO,HAWAII 96721-0686 TELEPHONE 808.935.6644 Fax 808.935.7975 W W W.CARLSMITH.COM rte, JKNABLE@CARLSMITH.COM -J • COO June 1, 2018 __- . VIA HAND DELIVERY Mr. Michael Yee L; Director ca Planning Department 101 Pauahi Street, Suite 3 Hilo, Hawaii 96720 Attn: Deputy Director Daryn Arai and Jeff Darrow Re: Overall Status Report Project District Ordinance No. 99-42, Condition BB Successor Applicants: KD Acquisition, LLLP (fka WB KD Acquisition, LLC) as to Lot 4-A, and Hualalai Investors, LLC as to Lot 4-B Tax Map Key Nos.: (3) 7-2-010: 022 (por.)to 027, 031., (3) 7-2-031:001, 002, 004, 006 to 011, 013, 015 to 023, 025 to 030, 032, 033 and (3) 7-2-032:001 to 003, 005, 007, 009, 010, 014, 016 to 034, 036 to 053 (collectively 'Lot 4-A"); and Tax Map Key Nos.: (3) 7-2-010:020, 028 to 030, (3) 7-2-029: 001-020, 022 to 025, 027 to 048, 050 to 058, (3) 7-2-030:001 to 035 (collectively "Lot 4-B") Dear Mr. Yee: On behalf of our clients, KD Acquisition, LLLP ("KD"), and Hualalai Investors, LLC ("HILLC") (collectively referred to herein as the "Parties"), we hereby submit the Overall Status Report covering the development areas Lot 4-A and Lot 4-B, in compliance with and pursuant to Project District Zoning Ordinance No. 99-42 ("PDO 99-42"), Condition BB. Condition BB of PDO 99-42 states: "Twenty (20)years from the effective date of the Kaupulehu Project District Ordinance, the applicant shall submit an overall status report of the project, including the percentage of completed development. The Planning Director shall also provide an assessment of the development of the Project District and its compliance with conditions of approval for transmittal to the Planning Commission for their review and recommendation and then forwarded to the County Council for their review and action." • Eann,in icD LUpf HILO • KONA • MAUI • GUAM • Los ANGELES Exhibit 4821-7 4-8826.6.060391-00002