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right now. I have had several conversations with Mr. Kobayashi and I have given him <br />my opinion. And if you look at the storage business, itÓs a neighborhood business. <br />People like to put their things close to where their homes are and, therefore, most of your <br />businesses come from an area thatÓs within a 10-mile radius of your business. <br />Mr. KobayashiÓs business happens to be almost equal distance between Kona Self <br />Storage, which is in Kealakekua, and Kuakini Self Storage doing business as Power <br />Storage at the intersection of Kuakini and the QueenÓs Highway. So if you extend a ten- <br />mile radius out in front of his business, it intersects over in the Kuakini area and <br />intersects in the Kona Self Storage area. <br />Looking at that market, the market which he intends to serve, there will be, with Kuakini <br />coming on line, approximately 85,000 square feet of new storage that will be available <br />roughly about February or March of next year. ItÓs well under construction. You can see <br />it quite easily from the QueenÓs Highway as you head north towards town, and it is well <br />on its way to being completed. In addition, the Kona Self Storage isnÓt full, has never <br />been full, and has consistently been able to serve the market without sending customers <br />away. <br />Having said all of that, when Kuakini comes on line, thereÓs going to be about 120,000 <br />square feet of storage to serve the market that Mr. Kobayashi intends to serve; and of that <br />120,000 square feet of storage, 90,000 square feet is vacant. T <br />feet is occupied and 90,000 square feet is vacant. ItÓs not a good time to build a storage <br />business; and I think thatÓs part of the reason he has requested it; and I just wanted to get <br />that on the message. Thank you. <br />SPRINGER:Thank you, Mr. Allen. Commissioners, any questions or <br />comments? Thank you for spending time with us and for taking so <br />your day. Is there anybody else who wishes to give testimony on the John Kobayashi <br />application? Hearing none, Mrs. Kubota, may we have a motion to close public <br />testimony? <br />KUBOTA:Madam Chair, I move that we close the public testimony po <br />this agenda item. <br />MCCALL:Second. <br />SPRINGER:Seconded by Commissioner McCall. Is there any discussion on <br />the motion to close public testimony on this agenda item No. 5? Hearing none, all those <br />in favor of closing public testimony indicate -. <br />OÓTOOLE:I think youÓre going to allow public testimony even before the <br />hearings officer. <br />YUEN:This is unnecessary. There will be further hearing on this matter <br />before the hearings officer. ItÓs not necessary to close public testimony. The matter is <br />simply deferred because of the contested case hearing pending. <br />22 <br /> <br />