2022-07-21 Leeward Exh F (Item 1 Chen PL-REZ-2021-000012)

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VITOUSEK: Yes. CHEN: Same thing. VITOUSEK: It would be, you know, but these are going to be expensive lots. Right? One acre in this area CHEN: I –I–I VITOUSEK: Will be, will be an expensive lot. There's no way around that unfortunately. Unless it's off market, unless there's a special condition that CHEN: But Ione thing VITOUSEK: You know, is limiting the value, which would be great. You know, we'd love to do that if that's an option. CHEN: I—okay. VITOUSEK: But, again, it'sas an upfront development cost, the developer would be putting in, developer, you would be putting in the sewer line that would have to be connected to. So, that would, sewer line would be running on the driveway access road, and then at that point when additional people are buying, if the lots are there, if the sewer's been connected already then, they can connect to the sewer. If not, if they haven't been connected yet, then they can put in the individual wastewater systems, but at least we've preserved our option and the developer has created the option to have sewer within the neighborhood and you don't have to take on the cost of providing both sewer and individual wastewater systems. PIPAN: One important aspect to keep in mind here is the entitlements, the zoning on Lot 42 is stale. They didn't meet the conditions of that ordinance, so they have to come back before the Planning Commission, before the County Council, to do anything like an RS- 10 development. And we've seen, you know,just in projects that testifiers have brought up today that time extensions are not a guarantee. They're not an easy thing. You know, people bring up brand-new, brand-new ideas, brand-new opposition. So, we have no guarantees, no assertions that RS-10 is going to be what Lot 42 remains. It is practically Ag-5 right now. So, we don't even know who the owner's going to be at the end of the year for that lot. 19 EXHIBIT F