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L UM: Mr. Ikeda, I think we 're all this is admirable, but I think where we're having to <br />maybe look at is what your gain is from it. <br />IKEDA: Well you know, for me, it's been vacant for a few years, and like I said, I own <br />about two acres of the property, and this particular facility is about 4, 000 square feet. So <br />right now it's not being used, and it would be much more beneficial for me, because it <br />would fix the place up, it'll look better, it will be secure. And I think over all, the rest of <br />the tenants would be happy because then there's no vacant building that they're not sure <br />what might be happening in there. <br />LCM: And as far as the gain on that part of the property, they would fix it up to use it, <br />but you're providing the materials? <br />IKEDA: Yes. <br />LCM.• And they're providing the labor? <br />IKEDA: Yes. <br />LCM: And then you mentioned in the petition they would have it rent-free? <br />IKEDA: Yes, for about <br />LCM.• - -ten or twenty <br />IKEDA: - -ten to twenty years <br />LCM: - -Would that be a contract, then? <br />IKEDA: Yes. Because I have no problem, because we're not using it anyway, right now. <br />And you know, usually when people want to rent a building from me, especially a <br />building that's burned out, you know if they're willing to sign a contract, I'll build it. <br />And so whenever I'd say will you be willing to sign a contract for like ten years, everyone <br />said no. They're not sure what's going to happen in ten years. It's too long. I don't <br />mind putting up the money for the materials. The labor cost is very high. <br />CHAIR: What will determine the actual length of time between ten and twenty years? <br />IKEDA: It's usually the tenants, how long they want it. <br />CHAIR: Mr. Rowe, do you know what that is? If you guys are going to have in terms <br />of contract, what length of time you'll be looking at securing it for? <br />ROWS: Well, we'd like to go long term, like twenty years, but like I told him, depending <br />on how long it takes for us to build it will determine how much longer we can because <br />in time we can envision that we will be self - sufficient where we can eventually pay rent. <br />So that's what we're looking at at least ten years, and we'll see how it rolls and if it's <br />not with the criminal justice system and the federal levels the way it is, a lot of second <br />31 <br />