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KAY: Yeah. <br /> RAFFIPIY: Okay, I think Mr. Rock addressed the traffic and I think you still have the parking to <br /> address or there was a concern that one of the concern that was brought up by I think was by <br /> Commissioner Au. <br /> ROCK: Yes, would like me to address parking? <br /> RAFFIPIY: Please. <br /> ROCK: Sure. So, to start I think that over all the vision of our development and the ideals for <br /> Planning are pretty aligned having appropriate parking I think is a common goal that we share. <br /> So, from that standpoint we on pretty good grounds. Now, it just comes down to some of the <br /> details and again the concept of flexibility and imposing requirements through the ordinance. <br /> So, where we are today is, we've been engaged with Planning we sent some draft to the site <br /> plans and what we plan on doing just with the resident units and the parking stalls. As I <br /> mentioned the plans can and do change over time as we incorporate the different comments from <br /> the community and addressing different needs. <br /> So, having flexibility in the system is very beneficial because again it gives us all the opportunity <br /> to look at the entire playing field when we are going through the processes such as Plan <br /> Approval and to say, does this result makes sense. And so, the existing ordinance language it <br /> provides for a minimum and a maximum. So, the minimum is the 1.25 parking stalls per unit or <br /> eighty (80) stalls and then the Code reads up to sixty (60)percent additional units which I <br /> believe adds up to about a hundred and twenty-eight(128) stalls. So, for example the window of <br /> acceptable results is somewhere between 80 stalls and a 128. <br /> From our standpoint we did have back and forth with the Planning Department. Initially we <br /> requested to remove the maximum not to adjust the minimum and then we just backed off of that <br /> and said you know that window results I do think that's kind of a practical execution for us. <br /> Where we sit today I think our parking stalls count is about a hundred and sixteen (116) stalls <br /> and so the window of results that's our preferred method cause again it allows everyone to take a <br /> look at what we are doing and as far as the actual number of stalls produced we do want to <br /> provide adequate parking for the residents. Having someone that can't find a parking spot, they <br /> have to park down the street or just in this area because of the lack of street-parking and other <br /> concerns. That would just represent a challenge and that is not what we want to do to our own <br /> residents. <br /> So, we take a look at what the typical usage is for affordable housing properties like ours and so, <br /> for our project to add a little bit of clarity on the income restriction. Basically, our project has a <br /> ceiling for different levels of income so, we are not going to go above of 60% of AMI. We can <br /> go down I think effectively to zero because of the Section 8 vouchers that are allocated to the <br /> project. So, we have a wide range economic results anticipated for our tenants and its open to <br /> the general public so we may have some senior residents, we may have some families, it going to <br /> be a whole bag. And so,just looking at our properties that are currently in our portfolio and <br /> looking at other affordable housing projects in the County of Hawaii. The parking ratio that we <br /> EXHIBIT A <br /> 17 <br />