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TORIGOE:Just to bring you totally up-to-date. First of all, one of the items <br />that hasn€t really been mentioned, you know, and you should bear in mind is that <br />although the settlement is down to half a million dollars, I think there€s some timing <br />changes that have been made, basically, at this point, that payment would have to be <br />made within one year of the action deleting the condition or upon issuance of the grading <br />permit for the golf course. So the time frame is shortened and has to be paid within that <br />one year time frame, or if there€s a grading permit. I€ll let the parties have their say with <br />respect to the merits of the settlement and why they believe that the Commission should <br />approve it. If you need to discuss that with me in Executive Session, we have, you know, <br />stated that that could be an option on the agenda. <br />Also, we just received today the filed Order of Remand from the Third Circuit Court <br />which basically officially has sent it back to the Planning Commission under the statutes <br />thatallowsforthesekindsofappeals,HRS91-14.TheCircuitCourtcanremandthe <br />matter for further proceedings to the Planning Commission; and so that€s what the Court <br />has done at this point. <br />ALAMEDA:Okay. Commissioner Graham, follow-up? <br />GRAHAM:So, Mr. Torigoe, the fact that the Court remanded it to us is <br />effectively telling us that we mishandled it the first time around? <br />TORIGOE:No, I wouldn€t put that spin on it. But it€s just basically saying that <br />the Court, you know, Courts like to see parties settle and come up with a win-win, <br />whenever possible. And in this case Judge Hara felt like he wanted the parties to try for <br />something that they could agree on that would give everybody something. And, so, the <br />parties came up with this proposal; and, basically, the Judge has just sent it down for you <br />to consider and to approve. If the Commission does not approve it, then the parties will <br />take it back up to Judge Hara and he will, I guess, if he€s not able to, he may further try to <br />get the parties to work out something that everybody can live with or he may just go <br />ahead and rule on the appeal. And if you want to hear from me, you know, on some of <br />the, what I think are the merits and legal risks you take if we fail to approve the <br />settlement, then we can have an Executive Session on that. <br />GRAHAM:Thank you. <br />ALAMEDA:Yes, Commissioner Iwashita and then Commissioner Siracusa. <br />IWASHITA:Director Yuen€s letter talks about the actual settlement agreement <br />being prepared today; and I€m just wondering if it has been -. Is there a draft of the <br />proposed settlement that we can look at, written up, so we can look at? I ƒ. <br />SONG:There€s an Order of Remand and, unfortunately, the Judge did not <br />give that Order of Remand until, the Judge didn€t sign it until today. But as soon as I <br />received it from the Court I brought it over; and I was hoping that your counsel would <br />5EXHIBIT D <br /> <br />