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ATTACHMENTA Azone map of Hawaii Island with the location of the Lyman Point property identified is provided.Figure 1. Also included is a TMK map of a portion of the 3-7-7 area,zoomed in so that the property is highlighted.Figure2. Ownership History of the Property The property has 33,979 square feet of land area with approximately 250 lineal feet of shoreline. The property was purchased by Howard Bertram Lyman, great-grandson of the missionary David Lyman, and his wife Barbara in 1955, and they constructed two homes on the property in 1956 and 1957. The main home has 3 bedrooms and 3 bathrooms,with 1,654 square feet of living area. The secondary home, or Ohana, has 2 bedrooms with 1 bathroom and 660 square feet of living area. Both homes are single-wall construction, which was the rrorm at the time. In addition to the enclosed living area,the main home has a spacious lanai with oceanfront views of the Lymans and Banyans surf spots and Kamoa Point. In addition to the houses,there is a stone oceanfront swimming pool on the property. The Lyman home was dedicated inl957 by Lei Collins,who was curator of the Hulihe'e Palace,with the song she wrote for the occasion called"Laimana"for the place she called the"home full of happiness." Figure 3. Since the passing of the Lymans, Howard in 1958 and Barbara in 1968, the property has passed through a series of owners. It remained under private ownership until2004,when an investment company purchased the property. Afterthat companyfailed,the current owner, Meredith Kailua-Kona LLC, bought the property out of receivership in 2007 for $3,500000 and has held itsinc.e that time. The property was purchased by the current owner, Meredith Kailua-Kona LLC, in 2007,with the intent of developing a condominium project on the site. However, because of public opposition,the condominium plans were withdrawn, and the owner has been seeking, off- and-on, to sell the property since that time. The property is zoned as"V 1.25"or Resort- Hotel District zoning, which allows a number of commercial, community, recreational and residential uses. The V-1.25 zoning requires only 1,250 square feet of land area per dwelling unit,so the property is large enough to supportthe 16-unit condominium project that had been planned for the site. In fact, a theoretical project of twice the planned units would have been feasible. A list of permitted uses of properties within the V-1.25 zoning is attached.Figure 4. Regulatory Concerns The primary issues affecting development of the property, aside from community acceptance, are the Shoreline Setback and Special Management Area regulations. When