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RHO: Just a short question on the Condition, I guess it’s E, that starts with a line <br />out and then it ends with “The applicant shall pay $175,000 and then an additional $60,000 prior <br />to final subdivision approval.” I wanted to know how that figure was determined. <br />WATANABE: I think Mr. Yuen might be able to respond to your question. Would you <br />care to respond, Mr. Yuen? <br />YUEN: Well, only partially. This goes back to a discussion in roughly 1995; and <br />at that time the Department of Public Works and the applicant met, actually the predecessor in <br />title, met and decided that rather than the construction of these signals that these payments <br />should be made; and that was agreed to. And at least as far as we know, at least as far as we <br />have been able to determine so far the payments were not made. So we’re simply implementing <br />what was agreed to in that letter. And I don’t know, you know, I can’t tell you what the basis for <br />the actual dollar amount was. <br />RHO: So that agreement for $175,000 and for $60,000 is binding? <br />YUEN: Yes. It’s also a condition of the tentative subdivision approval. There was <br />this agreement made in 1995. <br />RHO: I guess I’m trying to look for some way of changing the figures. And let <br />me just explain why it caught my attention. This thing, this application has been going on since <br />1993 I think, but I’m not positive. And from what I read, I mean, it seemed like the applicant has <br />good reasons for the delay. But if they actually pay the $175,000 and the $60,000 today and then <br />wait, not purposely, but let’s say purposely, wait until four years have elapsed because of other <br />concerns that they have as applicants and as developers, I’m almost positive that that cost of the <br />traffic light and whatever this is going to pay for is going to go up. So now you’re telling me <br />that the agreement was made in 1995. We’re now in 2008, so I would wonder whether or not, <br />whoever can tell us, can tell me, that $175,000 and $60,000 will cover the cost to install <br />whatever by within the next five years. <br />YUEN: Well, if I can -. Let me put this in another context. Jeff, could you put the <br />location map on the -? <br />DARROW: Sure. <br />YUEN: And when, gee, this doesn’t go down to the intersection of Kukuau and <br />Komohana, right? You can’t scroll this down? <br />DARROW: No, sorry. <br />YUEN: This is the slide as it is, okay. <br />DARROW: Yeah, it just misses it. <br />YUEN: Well, when this rezoning was originally approved Puainako Street wasn’t <br />in. Actually Mohouli Street wasn’t in either but that’s sort of beside the point. And the access to <br /> EXHIBIT B 3 <br /> <br /> <br />