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ASHIKAWA: Yes, I guess -. <br />ALAMEDA: Please speak into the mike. We’re having it recorded, that’s why; it’s <br />easier for our transcribers. <br />ASHIKAWA: Yes. To add and to clarify, we are committed to complete the project. We <br />are in process of securing additional water units to complete Increment 2 – and we have been for <br />a while – but the water units are scarce in North Kona, as you all know. And we are working <br />with Wainani 42 LLC developers for the Wainani Estates project; they have some units that <br />would be available, excess units that would be available for our project. So that would enable us <br />to complete Increment 2. We’ve already did the design for it; we did the construction of the <br />grading for Increment 2 for all of the lots, all 14 lots, when we did Increment 1. And part of the <br />reason for doing that was to minimize impacts to neighbors for dust and noise. So that has been <br />completed. The question on the affordable housing, we have entered into an agreement with the <br />Housing and Community Development agency, and so that’s in place. But the units that we have <br />committed to them are in Increment 2, so it’s imperative that we complete Increment 2 in order <br />to satisfy our requirement to the Housing agency also. And we are committed to complete and <br />we are -, well, we want to complete it as much as anyone else wants it to be completed. We’ve <br />been developing in Kona for many years, and we’d like to continue to be good neighbors and <br />good developers. So we’d like to satisfy our requirements on the affordable housing issue. So <br />basically the only thing that’s holding us up on proceeding and completing our project is the <br />water units. Thank you. <br />ALAMEDA: Okay. Thank you. Any questions for our applicant? Commissioner <br />Siracusa? <br />SIRACUSA: I just want to know if it’s a sure thing that you will have enough water <br />commitment to service the number of houses that you are planning to build in Increment 2. You <br />know, I have concerns about whether we should go ahead and approve, and then later on you <br />come back to us and say, well, I couldn’t get all the water commitment I needed. <br />ASHIKAWA: Well, as I said we are working with developers who have some excess <br />units -. <br />SIRACUSA: So you are sure that will be enough then? <br />ASHIKAWA: Hopefully we will have enough. We can’t guarantee it. We are <br />continuing to work with them. That’s the reason for our request for additional time. Thank you. <br />SIRACUSA: Okay. I think I was asking for the guarantee. <br />ASHIKAWA: I wish I could guarantee it. <br />ALAMEDA: Any other questions for our applicant? Seeing none, do we have any <br />testimony, staff? <br />NOMURA: No. <br />EXHIBIT D <br />4 <br /> <br />