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AA: OK. Thank you, Nani. <br /> <br />AG: Austin Griffey, District – 6, I have a question. How do you efficiently relocate coral that was <br />never there until this manmade structure was put in? <br /> <br />BD: That’s a great question. Like I said, we don’t have specifics on this. Our environmental team is <br />really more at the point of, hey, we identified this – let’s get a ball park estimate on what it <br />might mean from a cost perspective to relocate coral and we worked with a local consulting <br />agent who was familiar with coral relocations and just got a rough order of magnitude estimate <br />that the true nitty gritty details on how it would happen hasn’t really been flushed out. We just <br />needed that like – we believe this is gonna be expensive if we were to do it by how much – <br />enough to go over that 8-million-dollar limit – so that’s where we’re at as far as our <br />understandings. I don’t have a current methodology to propose to you but, it’s on the table and <br />if you have thoughts on how might or good resources to explore that we’re definitely open to <br />hearing that and would love to leverage your knowledge. <br /> <br />AG: So, is 8 million dollars the maximum threshold that you guys are willing to invest in this project? <br /> <br />BD: We need an approval when we’re going to above 8 million dollars. So I don’t have a current <br />estimate of the project that I was showing as this one – I know it’s gonna be above 8 million <br />dollars and it has to be below 40 million dollars but I don’t have any sort of revised cost for – <br />that moving forward all I know is it’s about 8 million dollars – Nani might have something more. <br /> <br />NS: That 8 million, yeah, that 8 million is just a mark on the wall saying, OK, this is normal <br />maintenance repair, anything above that, we’re having to justify it and demonstrate why we <br />need, you know, why it’s gonna be so much and and just looking at, I guess, are there other <br />solutions – what can we do and then just quick touch on the corals – relocating corals, I guess, I <br />know it’s been done before not necessarily with the coral but I’m just saying in general it’s done <br />before – it’s not a highly successful endeavor but it is something that a huge task and a huge <br />asset that we’re looking at with all of our projects – a lot of our projects were, yeah, corals that <br />were never there before – we now have to be, I guess, mindful of it and work with the resource <br />agencies and, see what their suggestions are on how we might mitigate or sorry, I’d like to stay <br />away from that word cause I don’t think we’re supposed to be mitigating but we need to <br />address and see how we can address, I’m sorry, we need to address how to deal with those <br />corals. <br />AG: My concern is labor cost. If this project is gonna take 15 to 20 years to complete or even get <br />started your guys asking for 8 million dollars now – in 15 to 20 years that price could quadruple <br />– it could triple – it could be – cause labor costs just keep going up and up and up – material <br />costs keep going up and up and up so it seems like we need to better prepare for long term <br />layout if it’s gonna take this long we might need more funding and if it’s gonna take that long we <br />should be able to get it being that it’s fifteen years from now – we should be able to acquire <br />more funding by then, right? <br /> <br />BR: Then, again, this is the 100% that are refunded, and we do have that sort of – those processes to <br />account for price escalation as we move projects forward. If we stay within this sweet spot <br />between 8 million and below 40 million and we don’t go for a new start – then, you know, I <br />don’t think we’re looking at a 15-year timeframe, but nothing happens quick, that is for sure, <br />um, yeah, and I see there’s a hand raised. <br />16 <br /> <br /> <br />