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CARR SMITH: Very good, thank you. All right. Christian, please proceed with your presentation. <br /> KAY: Yes, thank you, Madam Chair. If you give me a moment, I'll switch on my screen here. <br /> CARR SMITH: Okay. <br /> KAY: And, can everybody see it there? <br /> CARR SMITH: Good. <br /> KAY: Okay. Again, as you stated, these are, the next two agenda items, we are going to do one <br /> presentation for the both of them, given that there is a connection between the two, both <br /> geographically as well as from an ownership standpoint. And, essentially, the two properties are <br /> being designed as part of one larger master-planned community. <br /> The subject properties here outlined in red for Puaa Development and in blue for Suffolk Investment <br /> are situated in the North Kona district of Hawaii Island. For reference, we've got Queen <br /> Ka`ahumanu Highway running generally north-south through the slide in the middle here, and also a <br /> little bit further makai, we've got Kuakini Highway again generally running north-south through the <br /> slide. For further location reference, we've got Pualani Estates here mauka of the Puaa property <br /> shown in the yellow, and then makai of the Suffolk property, we've got Kahakai Estates <br /> Subdivision, and that's makai here of Kuakini Highway. <br /> So I just want to go through the existing entitlements and what was proposed initially and now the <br /> current proposed project. For the Suffolk property, Ordinance No. 05-113 was approved on <br /> August 5, 2005, to change the zoning from an Agricultural-5 acre zoning designation to a <br /> Multi-Family Residential-2,500 square foot zoning designation for 14,872 acres. The applicant <br /> originally proposed at the time a 250-unit market-rate rental housing development, with the 300-stall <br /> parking lot and a one-plus-acre park. The applicant is currently proposing to reduce the number of <br /> rental units to 226 and intends to develop open space and a passive recreation area. For the Puaa <br /> Development property, which is approved under Ordinance 05-115 on August 5, 2005, that changed <br /> the zoning from Agricultural-5 acres to Neighborhood Commercial-20,000 square feet for <br /> 14.973 acres. The applicant in that case initially proposed to develop a neighborhood commercial <br /> shopping center, including a 93,600-square foot complex that would house varied commercial uses, <br /> such as financial institutions and office spaces. Also proposed was a 500-plus parking stall lot, with <br /> appropriate accessibility requirements. The applicant is currently proposing a reduction in the size <br /> of the commercial project from 93,600 square feet to 72,600 square feet. Also included in this <br /> current proposal is the inclusion of a transit hub in the form of a public bus transfer station, as well <br /> as the addition of 100 multiple-family residential units. I will note here that in the application it <br /> spoke about 100 multiple-family residential units on the Puaa Development property; however, <br /> when we get through the site plan, you'll see that it's actually 150 multiple-family dwelling units <br /> shown on the site plan on that property. So there is a bit of discrepancy between the application and <br /> what's on the site. <br /> So the next two slides list the applicant's amendment requests that the Chair read at the beginning, <br /> so instead of re-reading through all of them, I'll leave them on the screen for you to read. And so <br /> 3 <br /> EXHIBIT D <br />