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affordable rental housing onset. The commercial property, we felt like being right- - - it would be
<br /> ideal for neighborhood shopping center with a supermarket, drug store and then some of commercial
<br /> businesses there. Anyway, we came up with our initial master plan, so 250-unit affordable rental
<br /> housing, we had a neighborhood shopping center and 100-unit condo project.
<br /> Since that time - - -process for rezone, and then as we got the property zoned, we went forward in
<br /> getting the project designed. We approached the area of the flooding, the maps that they had at that
<br /> time when D.R. Horton developed Pualani Estates, they had maps that showed that the stormwaters
<br /> ran from property to the north of Pualani Estates, and they designed a gunite concrete channel that
<br /> ran through their project to have the water flow into. Well, as it turned out when we started doing
<br /> our drainage study - - - and we had the area- - -two-foot boundary. And then we took that area all
<br /> way on the northside of Hualalai Road, and there is a two-foot- - - found out the floodwater did not
<br /> align the area where they said, and floodwater can - - -to the gunite channel. So we went to the
<br /> extent of getting a CLOMR down the old area, and found that floodwaters would be coming across
<br /> Hualalai Road into property north of us and to two lots that we had acquired just adjacent to Pualani
<br /> Estates on the northside. And so we hence realized that we had to design a good drainage system for
<br /> the whole area there. And so we had our engineers go ahead and design basically a split-flow tube,
<br /> which would go through those two lots into the gunite channel, and then where Pualani Estates entry
<br /> road is - - - gunite channel, it went into a multi-throat box culvert that crossed the entry road to
<br /> Pualani Estates into the area, park area. And at the low point there was a the State had designed
<br /> and installed the eight-foot concrete, diameter, concrete pipe to take care of any floodwater crossing
<br /> - - - highway. Our study determined that the floodwater would come across, breach over the
<br /> highway some 400 feet and to our property below. And so we had to design an aluminum
<br /> multi-plate culvert crossed under the state highway, and that multi-plate culvert ended up being
<br /> designed at 20-foot wide, 14.5 feet high, and we designed it to be 135 feet long - - - highway. As the
<br /> water then entered into our property, we designed a concrete headwall and a 40-foot wide concrete
<br /> U-shape channel going through our property, and every 50 to 70 feet we got velocity breakers where
<br /> the water hit turbulence and slowed down, and that just above Kuakini Highway we designed an
<br /> about 2.5-, 3-acre basin that's about 25-, 30-foot deep to collect the water. And we had drywells at
<br /> the park, and we hadanyway, we did design the whole system to protect that area from the
<br /> 100-year storm.
<br /> And then after that, we got into the design of our project where we - - -the neighborhood shopping
<br /> center, we have housing there, and we've got the affordable rental housing project. And we did all
<br /> that and started in 2005, we got the zoning, and by late 2008 we had most of the design complete, we
<br /> had the plans, went to the State Department of Transportation for the culvert crossing - - -, and it was
<br /> finally approved in 2010. The market balked back in 2008, and we got burned; we were not able to
<br /> go forward. So there were, there were delays and,with the process of moving forward. And,
<br /> anyway, we were, we were hopeful that we could get our - - - after 2015. Anyway, so it has been a
<br /> lengthy process and, we, myself I will be 83 next month, I'm approaching - - -, and Mr. Schuler will
<br /> be 82 in September, or October, excuse me
<br /> CARR SMITH: Okay
<br /> COOK: —and so we were looking for someone that was younger that can take our project with
<br /> finance - - - so expensive, but we - - -work design of the roadways and do that sort of thing, it's
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<br /> EXHIBIT D
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