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2005-04-01 TPULUWAI
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2005-04-01 TPULUWAI
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SIRACUSA:So its my understanding then that, how long is it that you acquired the <br />property? <br />ANDRADE:Well, we havent, weve put in an offer to acquire the property. So -. <br />SIRACUSA:Oh, okay. So thats still pending? <br />ANDRADE:Thats pendingCommission approval. <br />SIRACUSA:Okay. <br />ANDRADE:Once we get approval from theCommission and the County Council on <br />the extensions, then that was a condition of purchase, then we will actually purchase the <br />property. <br />SIRACUSA:Okay, so its my understanding then that Kawailani did not do anything <br />withthepropertyalltheseyears? <br />CORREIA:Letme,IcanstepinbecauseIwasinvolvedwithKawailaniEstates. <br />Thats right. They entitled the property back in 92, got the zoning change, and then around 92, <br />you know, the market had crumbled; and so economically they couldnt proceed with the <br />development. So it has been sitting there for some time. <br />SIRACUSA:Okay, so it has just been sitting doing nothing. So it seems to me then that <br />an annual report would only have to say no action, no activity. <br />CORREIA:Right. <br />SIRACUSA:And I dont understand why it should take 10, 11 years to submit an <br />annual report that says that. <br />CORREIA:We werent involved though. You know, that was the owner or current <br />owner. Were in the process of purchasing the property. So were stepping in to, so to speak, <br />take the ball and run with it. So why they didnt file, Im not sure, and we cannot comment. <br />SIRACUSA:Okay. But you are now going to be, if this is granted, you will be <br />responsible for filing? <br />CORREIA:Correct. <br />SIRACUSA:And how long do you think it would take to file reports for those previous <br />years? <br />CORREIA:I dont know that we would have to file for the previous years because we <br />werent involved in the previous years. But I think that fromthis point on, once we purchase the <br />property and are subject to the conditions of this zoning ordinance, then we would do whatever is <br />necessary under that Zoning Ordinance. <br />4 <br /> <br />
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