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DICKLER: My name is Alan Dickler. Address is P. O. Box 391078, Keauhou. <br />ALAMEDA: Thank you. You may proceed. <br />DICKLER: I do not -. Thank you, Mr. Commissioner, Mr. Chairman and Fellow <br />Commissioners. Upon notification from the Planning Department that this item would be <br />deferred, I did not prepare a formal presentation today. Just in addition to what Jeff stated, I <br />want to make sure that this is a 100% affordable rental program that we undertook in conjunction <br />with the administration and tried to get something in this area. We’re presently proposing a 60% <br />of median income rental, so it’s -, and it will be tax incentive -, tax bond financed. We are going <br />to partner with a major affordable housing administration, a developer and the administration – <br />the project’s actually gone too big for us as a small independent development company – and <br />they have provided the 201H filing with the Office of Housing and Community Development, <br />similar as to the State tax financing that they are doing. <br />ALAMEDA: All right. We’re going to be deferring this, so just keep that in mind. Is <br />there any questions for the applicant? Okay. Do you have any objections to our continuance? <br />DICKLER: No, I have no objections to the continuance. And the mistake was on my, <br />was on me, and I apologize for that. <br />ALAMEDA: No problem. Okay. Well, we do have testimony. You may be seated; I’ll <br />call you. Let me call in Mr. Tony Ching and Joel Gimpel. All right. Please raise your right <br />hands. Do you swear or affirm to tell the truth now before the Hawaii County Planning <br />Commission? <br />GIMPEL: I do. <br />CHING: I do. <br />ALAMEDA: Thank you. Mr. Ching, we’ll start with you. Please state your name and <br />address for the record. <br />CHING: Yes. Good afternoon. My name is Anthony Ching. My address is P. O. <br />Box 2359, Honolulu, Hawaii, 96804-2359. <br />ALAMEDA: Okay. Thank you. We do have your written testimony. Is there anything <br />you’d like to summarize for us, or -? <br />CHING: I -, if I could very quickly -. <br />ALAMEDA: Okay. <br />CHING: Summarize my testimony. <br />ALAMEDA: Sure. <br />EXHIBIT B <br />3 <br /> <br />