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GALDONES:That€s fine. So in linewith this statement that you have made <br />earlier that they were doing this in good faith, that you believe that they would be doing <br />this in good faith, that either they€re going to do the project or they€re going to be coming <br />up with the $500,000 within the year? <br />SONG:I doubt that you are going to see my client come back for any <br />further time extensions at this point. <br />ALAMEDA:Commissioner Watanabe? <br />WATANABE:No. I think my question got answered. So to clarify, though, your <br />client understands that if within a year the $500,000 is not paid that the permit is dead? <br />SONG:Essentially the permit is dead because they haven€t complied with <br />thecondition.TheremightbesometechnicalrequirementsthatthePlanningDirectorhas <br />to do to nullify the permit but my client understands that it€s essentially dead. <br />ALAMEDA:Ms. Siracusa. <br />SIRACUSA:Yes, it would greatly aid my comfort level if I could have some <br />assurance that if that happened and your client decided not to go ahead and the permit <br />was not extended that, and then later on your client decided to apply for another permit <br />for another kind of project, that that $500,000 would not be considered part of the fair <br />share for a future project? Am I making myself --? I look at all the confusion on <br />everyone€s faces at the table and I€m thinking I€m not making myself clear. <br />ALAMEDA:Who are you directing your question to, or you want to rephrase <br />the question and direct it directly to someone, some party, or it€s --? <br />SIRACUSA:Yeah. Say, all right, say your client decides not to go ahead with <br />this after all and then a few years down, and has paid the $500,000. And a few years later <br />down the line he decides to do another, he still owns the property so he decides to do a <br />different type of project, applies for another permit and then says, Well, I already paid <br />$500,000, that€s the fair share. I shouldn€t have to pay anymore for another project.‚ I <br />would like to make sure that this $500,000 is key to this particular permit and would not <br />be transferable to any future permits. <br />ALAMEDA:Who€s the best person to answer that? Ms. Todd? <br />LEITHEAD-TODD: I don€t think that anybody could guarantee that. And I don€t know <br />that it would necessarily hold up to legal scrutiny under the idea that if you have to pay <br />money for certain impacts and if you have another project and you€ve already paid <br />money towards an impact and unless that other project is going to create more of an <br />impact than the first one, I cannot promise you that there wouldn€t be some kind of a <br />credit for that payment. Cause, you know, if you came in and let€s say, you know, <br />instead of a golf course he was looking at doing 50 lots, okay, that€s 200 acres. Well, on <br />21EXHIBIT D <br /> <br />