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ALAMEDA:Do you have any comments? <br />NISHIMURA:Yes, I do. And before I get to my comments, I€ll try to address <br />Commissioner Siracusa€s question. That sign that you referred to, Blue Rock Construction and, <br />Blue Rock Self Storage, I believe -. <br />SIRACUSA:Yes. <br />NISHIMURA:Is on the same property that the chicken sale thing is on. It€s not this <br />particular property. <br />SIRACUSA:Okay. So that means that the people who put up that sign are not the same <br />people who are involved in this new LLC? <br />NISHIMURA:That€s correct. And the people that will manage the storage facility is A- <br />AmericanSelfStorageManagementCompany,‚whichdoesmanageotherselfstoragefacilities, <br />2 on the Big Island, over 100 self storage facilities on the mainland. <br />SIRACUSA:So then the Pahoa Storage Partners will consist of Mr. Gardner and <br />A-American Self Storage Management Company? <br />NISHIMURA:That€s correct. <br />SIRACUSA:Thank you. So, I just -? <br />ALAMEDA:Commissioner Siracusa. <br />SIRACUSA:I just want to follow up for ultimate clarification. So Mr. Paul Billings <br />who was the person whose phone number on the Blue Rock storage sign is not involved with <br />this? <br />NISHIMURA:Not at all. <br />SIRACUSA:Thank you. <br />ALAMEDA:Thank you, Commissioner Siracusa. You may proceed. <br />NISHIMURA:I€d like to begin by indicating that you know, we believe that there is a <br />tremendous need in the lower Puna District for industrial zoned property. That Pahoa area is <br />dramatically underserved. There is only one parcel zoned with any kind of industrial zoning in <br />the Pahoa area, which is the location of the Pahoa Market Place; and that is an 8-acre site. Based <br />on the population figures for the lower Puna District which numbered in the neighborhood of <br />10,000 people, there should be approximately 67 acres of industrial lands servicing that amount <br />of population. And, as I indicated, there are no other industrial zoned properties other than the <br />Pahoa Market Place. And the owner and the people from A-American Self Storage has seen a <br />6EXHIBIT B <br /> <br />