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GALDONES:Yes, proceed, Daryn. <br />ARAI:Okay. Condition I regarding improvements to Hualalai Road, we <br />would have no problem to the suggested language changes offered by the Applicant. <br />Again, that just clarifies the dedication process, so we donÓt have a problem with that. <br />GALDONES:Daryn, before you go on to J, in Condition H, the Appli <br />submitted also a change to the word Ðordinance,Ñ to read ÐFinal Plan Approval.Ñ <br />YUEN:Yeah, let me -. I would not agree to that. I would agree to change <br />three years to five years. The proposal by the Applicant would essentially, this is a <br />condition, itÓs when do they have to prepare a new TIAR. ThatÓs the significance of this. <br />And what weÓre doing here is weÓre giving them a timeframe that they would be able to <br />operate under their present traffic study. If they donÓt develop, the way it was written is <br />if they donÓt develop and start constructing in three years, then conditions may have <br />changed enough that weÓd like to see a new traffic study. I think we could make that five <br />years. But if we say three years from Final Plan Approval, Final Plan Approval is five <br />years down the road to begin with, which is a, and then thereÓs a provision for an <br />extension of time, which makes it ten, and -. So we would be looking at 13, development <br />possibly 8 to 13 years down the road under the present traffic study, which may be very <br />obsolete by then as other developments come on line. <br />LIM:What I was trying to address was in Condition D, Final Plan <br />Approval has to be secured in five years, and Condition H would require actual <br />construction to commence within three years or you have to submit a new report. So <br />maybe we should change it to one year from issuance of Final Plan Approval, then we <br />submit a new traffic report. That way the Final Plan Approval, five years can kind of <br />stay there and thatÓll be unchanged. <br />YUEN:Okay. If we keep, H is, thereÓs no time extension under H. <br />ThereÓs no time extension of H. So you can still get, you can s <br />five years for Final Plan Approval. You can get an extension of Final Plan Approval for <br />five years; but if you do that, you have submit a new traffic report. So if you do get a <br />Final Plan Approval in five years, well, why shouldnÓt the traffic -. This condition should <br />still be five years. You do your Final Plan Approval, oh, actually, development, yeah, <br />you need to have some time. So that within a one year of Final Plan Approval would be <br />fine, yeah. <br />KUBOTA:Now where did we end up? <br />ARAI:Well, IÓm still a little confused myself because it is -. <br />KUBOTA:Oh, good, IÓm glad other people are. <br />ARAI:ItÓs one year from Final Plan Approval. But if they ask for an <br />administrative extension of time, thatÓll be 11 years all possibly, right? <br />24 <br /> <br />