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mind, allows other processing options aside from just going through the Project District. If you <br /> look at the, you know, the figure that shows about where the TODs are established, they show all <br /> of these property lines; these property lines, it's rare, you are going to find like one property that <br /> has more than 50 acres in size. So to be able to effectuate a TOD, or, you know, through a <br /> Project District, you have to get, you have to assemble all of these properties, get all of these <br /> different property owners together, and it becomes an impossible feat. So only two developers <br /> that I know of, and there may be others, I know of two developers that are going through this <br /> TOD process, and it's been a long and laborious process. One is Palamanui and the other one is <br /> Makalapua, and which is, and they are owned by, Makalapua is Lili`uokalani Trust, and <br /> Palamanui, we know Palamanui. But land establish becomes an issue. And so what does the <br /> CDP say? It says like, you know, many parcels do not meet 50 acres, so Section 4.2.2 states that <br /> the establishment of a TOD should be encouraged, as long as the proposed rezoning conforms to <br /> the CDP in terms of general location and concept, the legislative rezoning should be expedited. <br /> So I ask you: Look at the map, isn't this like the TOD area? Even if you look at the Director's <br /> recommendation on Page 6 of his recommendation, he says, "the CDP has already identified the <br /> property and surrounding areas as a Neighborhood TOD, so this does not need to be done <br /> through conditions of[approval of] individual rezone ordinances." So everybody is saying, the <br /> map is saying, the Director is saying, this is a TOD area. So why then do we necessarily need to <br /> go through, you know, project like this, necessarily need to go through a Project District. You <br /> can have it incrementally implemented. And if you go, if you look at other TODs, you are going <br /> to have no other option but to have TODs established only incrementally just purely based on the <br /> parcels. So, in summary, from a locational infrastructure and land use perspective, it's clear that <br /> the area is de facto a Neighborhood TOD. Secondly, the CDP does not mandate a TOD to be <br /> created only through the Project District route and in one application. But you can have multiple <br /> applications, and you can have like individual rezoning. <br /> The other thing that the Director,the reason the Director recommended denial was that it can't, <br /> it's a segmentation review because we bypassed the State Land Use Commission, and the <br /> applicants have interest in other parcels to make up the 50-acre, you know, TOD requirement. <br /> But as I mentioned earlier, first of all, these guys had no responsibility in creating these 14-acre <br /> lots subdivision; they bought the property as is. It was done by Westpro. They just bought the <br /> property. Secondly, it's that like for them now engaging other properties and putting it all into <br /> one package now, you know, it's not economically feasible. It means that when you have like a <br /> 50-plus acre property and you are going to do a Project District, the only person that can do it, <br /> the only type of business that can do it, would have to be a large developer; you cannot have <br /> smaller developers like Puaa or Suffolk to be able to do it. Even this project itself, they needed <br /> to get a strong backing like Spring Capitals, you know, to kind of come in. So if you increase <br /> the size of the project, you have a greater potential for these guys, you know, out of necessity <br /> now, having to spin off portions of the property. And, you know, the State Land Use <br /> Commission, for those of you who had directly or indirectly had the experience of going before <br /> the State Land Use Commission, have understanding that how time consuming and costly it can <br /> get. But more than, more that the time consuming and costly, you know the cost aspect, I think I <br /> would have to prevail upon like this body over here to look at yourselves and you ask yourself <br /> like who is a better decision maker for land use matters like this? Should it be the State or <br /> should it be the County? If you have the State, you are lucky if you are going to have two <br /> representatives of, you know, from this island. It's a nine-member commission. So I would <br /> 16 <br /> EXHIBIT D <br />