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HEIT: No. Actually it'd be difficult because the previous lease was like that. It was, actually <br /> was a separate lease for the golf course and I think there was like two or three other leases for the <br /> Naniloa complex. When they canceled that one and reissued a single lease included all those <br /> properties. But there is a, there is a provision in the lease that any, a government agency can <br /> come and claim the property. So they can withdraw portions of it with compensation. So it can <br /> be worked out, but it would require a lot of negotiation. Anything's possible. <br /> TANIGUCHI: I can foresee the golf course area all being redeveloped with new, new roadways, <br /> you know,just improving the whole thing. Giving more space inland so that the high water rise <br /> will—it's gonna affect the ocean side of the hotels but you gotta give them area to maybe make <br /> up some space. <br /> HEIT: Right, and if you looked at some of the previous plans that were submitted to this agency, <br /> I included that realignment of the Banyan Drive. So it was considered. And that's why again, we <br /> want to work with you folks on some type of master plan agreement before we can move <br /> forward with this. <br /> TANIGUCHI: But the State not going put in the money. <br /> HEIT: Yeah. <br /> ONISHL So I guess I wanna make two comments. One in regards to Uncle Billy's, there was, <br /> DLNR did provide the opportunity for people to look at that property and meet the minimum <br /> requirements of that RFI in order to develop that property. Like I said earlier, there was only one <br /> proposal and they didn't meet the requirements. So if that particular proposer felt like he could <br /> make money off of the minimum requirements then he should have done it, but he did not. So, <br /> you know, that's a moot issue to me at this point. The other thing is HB 1219 specifically <br /> establishes this committee in order with the expertise that's necessary to look at a plan that's <br /> developable. So right now, I, you know, and one of the problems that I have with the County's <br /> plan is I don't think anybody in terms of development has taken a look at this to look at, okay, <br /> what part, what parts would I be able to do, or am I able to do the whole thing given the fact that <br /> DLNR is able to establish a general lease with the exclusion of what's leased already, or <br /> something like that. Right? Or, working with these other lessees in order to come up with a <br /> master lease. But this particular bill allows for this committee to look at the leases, make <br /> adjustments to it, as with compensation as is provided by law. So what you are asking, Barry, is <br /> what this bill allows for. And initially we had, we had in the first bill established a two-year <br /> period for the committee once it's organized to come up with a master plan. That master plan <br /> then has to be vetted, well the process would be having it vetted in the community and then <br /> eventually presented to the board, the Land Board for approval at which time upon approval the <br /> committee could move forward with the development. So the people that were supposed to sit on <br /> the committee were specific. Hotel resort developers, land managers, you know, those people <br /> with expertise in the area of resort commercial development so that they would be able to look <br /> at, okay what makes sense. <br /> Page 15 of 19 <br /> Banyan Drive Hawaii Redevelopment Agency <br /> August 28,2019 Minutes <br />