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that a mixed, variety types of development, residential development, may lower the value. But <br />in this case actually they would increase the value. <br />Now in terms of traffic and noise, I did make a mistake in one of my letters to the neighbors <br />because now I’m trying to compare, you know, what are the actual hypothetical impact in terms <br />of, you know, the number of people living in this puzzle now under current zoning versus the <br />one I’m trying to get approval on. I was trying to compare, if it’s point, now current zoning is <br />RS-7.5. So in theory, okay all this is in theory, if you, the property with 3.29 acres can support <br />let’s say 19 single family lots, okay. And I was trying to give an example that these lots, you <br />know, if they’re allowed ohana units, you know, and you basically have two buildings on each <br />lot. But later on I was told that I was wrong because in order to build an ohana unit the lot needs <br />to be 10,000 square foot each. So I did another calculation. But it turned out the two are very <br />similar because these are all hypothetical calculations anyway. Based on 10,000 square foot lots <br />this property in theory can support fourteen 10,000-square foot lots. But then in theory, you <br />know, on a 10,000-square foot lot people can build a bigger house than a 7,500 square foot lot, <br />right? So my, okay, you know, I’m trying to show that now let’s assume it’s a 10,000-square <br />foot lot and you have 14 lots and each lot you can accommodate two separate structures, one is <br />the main house and you have an ohana unit. Right? Now how big these single family homes <br />ought to be, 3-bedrooms, 4-bedrooms, 5-bedroom, we don’t know. But, and also the ohana units <br />too, because the number of bedrooms are not being dictated by the Planning Code. What I’m <br />saying is the Planning Codes have no provision limiting the number of bedrooms. So what I’m <br />saying is let’s say if each lot you can build two single family houses and each one has three or <br />four bedrooms, when you add all these up and multiply it by the number of lots compared to the <br />number of bedrooms that I’m proposing, they are more or less equal. Okay? The, it means the <br />number of bedrooms, which can be interpreted the number of people living in that particular unit, <br />is more or less equal; and if any difference, it’s really negligible. Okay? So I want to make clear <br />that I did correct my calculation to, instead of assuming this as 7,500 square foot lots, assuming <br />it would be 10,000 square foot lots. <br />The proposal that I had submitted will contain 47 town homes, and any additional units being <br />allowed under that particular zoning I intend to build affordable units in accordance with the <br />County standards. Now, okay, you know, now these so-called affordable units will be lower <br />rent, and some resident may be concerned that I don’t want low cost housing in my area, you <br />know. But I think we all know that we have the responsibility to do that; and I agree that the city <br />should have that or the county should have that, their alternatives; and I intend to comply with <br />that. So I intend to allocate all of these, either 10 or 15 units will be under the so-called <br />affordable units, affordable inclusive requirement. Now, in fact, the placement of these units that <br />you can see is right behind the smaller of lots on Hale Nani Street. If I’m correct, and correct me <br />if I’m not right, those are Section 8 projects. So that means that I’ll also design to accommodate <br />residents, rent, or renters with lower income. So I don’t think people should really object too <br />much, you know, if the affordable and low cost housing is being constructed in this particular <br />parcel, and then it’s basically adjacent to the Section 8 projects.I think I’m speaking enough <br />here. <br />WOODWARD: Okay, thank you. You have received the Director’s recommendations and <br />conditions. Those are satisfactory to you? <br />5 <br /> EXHIBIT C <br /> <br />