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r- <br />r <br />Ho'ornana Fund — Lloyd Gillespie <br />o A historical timeline of the Fund's formation was shared along with Staff and Community Program initiatives, <br />2025 grant awards and the creation of the Hui Ho` okele top donor group <br />Questions and Answers <br />o Q: Steve Eggert — What is driving the dues increase for 2026? <br />A: Lloyd Gillespie — The gage adjustments necessary to support Mki`o's staff and remain competitive with <br />neighboring Clubs and Resorts in West Hawaii are the driving force behind the establishment of next year's dues <br />level. <br />Meeting adjourned - 2:48 PM <br />Respectfully submitted, <br />Spencer Wong <br />