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ONISHL to looking at what are the, what's the infrastructure that's there, what is the <br /> condition, what would need to be done in order to facilitate the redevelopment or the <br /> development of the Banyan Drive. So, it was really more specific to look at what may be, at least <br /> the initial costs, and what may be the needs on redevelopment of that area, whether it's utility, <br /> the utilities like electrical, water, sewage, the roadway conditions, you know that kind of stuff so. <br /> GADDIS: Are there any existing studies, Gordon, for those things that have been done on the <br /> DLNR side as far as <br /> HEIT: Yeah actually, we have done studies, again going back to 2014, we did studies on the sea <br /> level plus the economic conditions of the existing properties. All those three that Mr. Inouye <br /> mentioned, Country Club, the former Uncle Billy's, and Reed's Bay Hotel. Plus we've also <br /> done, I believe, analysis on the potential future of those buildings and the resulting conclusion <br /> was those were suitable for demolition and renovation with the exception of Reed's Bay Hotel <br /> which did have an extended lifeline on it. <br /> TANIGUCHI: Fifteen years. <br /> HEIT: So we're probably at ten years now, but definitely Country Club and the Uncle Billy's <br /> was slated for complete demolition. <br /> GADDIS: Okay. Yeah, I think those two bills are pretty clear. Anyone can ask any questions <br /> they want about them at this point. Go ahead Barry. <br /> TANIGUCHI: I have a question. What's happening with Uncle Billy's? <br /> HEIT: We're in a holding pattern right now. It's, you know, we've had quotes on the cost of <br /> demolition. Actually, we presented a bill to the Legislature for getting funds to demolish it and it <br /> didn't make it through the House, I don't think. I guess the cost was anywhere from eight to ten <br /> million dollars. So we were asking for four million, five million, but we couldn't get the funding <br /> so right now it's just in a holding pattern right now. It needs to be taken care of, it needs to be <br /> addressed. We just, you know, trying to find the funding to do it. <br /> ONISHL So I think just to update what Gordon is saying, the bill did get introduced. I think the <br /> House's concern was that DLNR put out an RFI, which required the demolition by the proposer. <br /> And they received one response and that one response was willing to only provide funding for <br /> partial, the partial cost. Not the full cost. So in essence it wasn't responsive to the RFI and so the <br /> question was why is DLNR coming in for funding when it's part of the RFI for the development <br /> of that property. And, you know, again, I think the House has concerns on the issue of sea level <br /> rise, king tides, that's now affecting all of the Waikiki, almost all of the Waikiki properties. So <br /> the last, not, not this, well, I'm not sure if it was the beginning of this year, but there's about a <br /> half a dozen Waikiki properties that basements flood when there's the king tides, so again the <br /> problem is growing. <br /> Page 12 of 19 <br /> Banyan Drive Hawaii Redevelopment Agency <br /> August 28,2019 Minutes <br />