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<br />MS. CRAWFORD: Well, his input was certainly important. Our decision was based <br />within the department, looking at all the information that was available, and that <br />included the information gathered by the financial advisor, and also Mr. Okumoto’s <br />input, and others of us in the department who sat and considered what the options were. <br />And honestly, the option that we selected, which was working with Bank of Hawai‘i, was <br />pretty clearly the only appropriate option. The other thing is that while we have moved <br />forward in a relationship with them and have in fact taken advantage of their willingness <br />to buy our short-term unrated papers, that option is available to any other financial <br />institutions, that it is not an exclusive arrangement. It’s just that by the nature of the size <br />of their bank and where they’re headed, that that’s—I mean, the investment side that they <br />have in their bank—they have been willing to buy our unrated notes. And so that plays a <br />part in the decision. <br /> <br />MR. HEAUKULANI: Okay, thank you. The chair will entertain a motion. I’ve heard <br />enough. <br /> <br />MR. BALSIS: I’d like to move that we dismiss this petition at this time. <br /> <br />MR. HEAUKULANI: I have a motion to dismiss the petition. Do I have a second? <br /> <br />MR. HISASHIMA: Second. <br /> <br />MR. HEAUKULANI: Are we ready—any discussion? Ready for the question? <br /> <br />MR. BALSIS: Ready for the question. <br /> <br />MR. HEAUKULANI: All those in favor, signify by saying aye. <br /> <br />MR. BALSIS: Aye. <br /> <br />MR. HISASHIMA: Aye. <br /> <br />MR. HEAUKULANI: Aye. Opposed? The motion carries. Turn the chair back over to <br />Mr. Dill. <br /> <br />MR. DILL: Thank you, vice chair. <br /> <br />f. Petition No. 2010-10: Review draft order following the 5/11/11 formal <br />hearing on petition alleging that Councilmember Brenda Ford did not treat <br />Kimo Lee in a “courteous, fair and impartial manner” at his confirmation <br />hearing. <br /> <br /> <br />Ms. Schoen apologized for getting the draft to the board members this morning. <br /> <br />Mr. Dill said he reviewed it and found it acceptable. He asked the others if they had any <br />comments, questions, additions, or corrections to make. Mr. Heaukulani said he had none. <br /> <br />19 <br /> <br /> <br />