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the waterway. I had that surveyed—where is it[inaudible]—out of Kona. But they, that was <br /> also laid in to make sure we're not— <br /> J. <br /> otJ. JULKOWSKL We're not disturbing the waterway. <br /> D. JULKOWSKI: We're not <br /> J. JULKOWSKL We're not messing with the waterway. <br /> D. JULKOWSKL We're not touching that. <br /> J. JULKOWSKL It's staying the way it is, we're not moving it, we're not redirecting it. It's, <br /> we're building around the waterway. <br /> D. JULKOWSKL Yes, so we want to make that clear. So <br /> CARR SMITH: Thank you. <br /> NEWBERG: I appreciate the clarity, Mr. Julkowski. It, I know it's been something that's been <br /> prosed, sorry,proposed for a long time to have something of this nature in South Kohala. And <br /> just so I know, you're intending to also have building materials? <br /> D. JULKOWSKL Not really into deep in lumber. We'll have - - - 2x4's and lx stuff, but not <br /> deep, deep in lumber. We are supplying all the lumber, and we do have this all set up through <br /> True Value. We were going to supply all the lumber for the homes only to reduce the cost of the <br /> homes, saving us about 800,000 dollars by supplying our own. And actually, when I, somebody <br /> else that was talking to us that was supposed to be doing some affordable housing on the other <br /> side, all of a sudden became really interested and says that's kind of like a really nice deal that <br /> you can do this. I said but it's for our project and stuff like that. It's just to keep the costs down, <br /> you know; we've become the middle man and we don't have to go so deep into raising the cost <br /> of the goods and stuff like that and trying to keep the costs of goods down. We're just taking our <br /> costs and bring it over to the housing. Trying to keep the costs down. And that's why we need <br /> to do the hardware store first so we can do the housing to keep the cost down. Because, like you <br /> know, right now everything's so high, and we're dealing right now in Minnesota, costs of goods <br /> are almost doubled now in lumber. And so to try to keep the costs down,just trying to, you <br /> know, have us supply the materials other than going through different vendors and <br /> NEWBERG: Thank you, I appreciate the clarity. Thank you, sir. <br /> D. JULKOWSKL Yes. <br /> CARR SMITH: Just one moment, please. All right <br /> KEALOHA: Chair? Quick question. And I'm sorry <br /> CARR SMITH: Go ahead, Perry. <br /> 18 <br /> EXHIBIT A <br />