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make sure that the drainage is correct. And then if it were, it would be approved by the Planning <br />Director. They’d submit building permits to the Building Department for approval; and then they <br />could construct their new building. <br /> <br />AU: So both properties that are adjacent to each other, they fall under the same guidelines, same rules, <br />the same -. Just because it’s so many years apart it’s the same thing? <br /> <br />COTTLE: Correct. <br /> <br />AU: They’re already zoned for commercial so they can go? <br /> <br />COTTLE: That’s correct. <br /> <br />AU: I just want to clarify that; and thank you. <br /> <br />T. HUNT: Since you guys are bringing it up for discussion, can I address that? <br /> <br />NOMURA: Microphone, please. <br /> <br />KERN: I don’t think it’s absolutely necessary right now. I’d like to make a couple of comments. This <br />one is a tricky one for me. Most folks know that I’m kind of a little bit flexible, and I like to see things <br />happen. I know other folks that deal with development too and it does require, there is usually a <br />timeframe on it. It does require them to meet conditions, meet a timeframe and pretty much move <br />forward in a concise manner. This is kind of just wide open. It makes it very easy. I think anybody <br />that would be doing real estate speculation would love this because this is an entitlement that would <br />increase the property value tremendously. Knowing that if somebody came in with a plan, they said <br />they want to do an office building or something like that and they changed their mind down the road <br />and want to do something different, they could do that. But Puna is a small community, Pahoa is a <br />small community; and there is something to me about when you come and represent something that <br />I’m going to do such and such a type of use, there is an integrity issue in there. If you start changing <br />that later and start going far right or left from that, the community sees that, the people see that. And <br />they say, oh, okay, you might have got this one but next time you come up we know your game now. <br />And with this, there isn’t any of that. It’s basically just saying what it is, I want to increase my <br />property value which will allow them to make, you know, basically speculate on real estate. So to me <br />it’s an integrity issue when people come in with a solid plan even though it can vary a little bit. And <br />most times in my experience the plan doesn’t vary that much from what their intention was because <br />they have skin in the game, they’ve invested the money into it. They invested money into the plans, <br />into the architect and to their consultants. So they may change, and very little bit, but it’s usually <br />relatively on point with what they’re doing. <br /> <br />And for the fact that this is kind of an interesting spot in Pahoa; and I grew up in that area. And you’ve <br />got like the older part of Pahoa and then the kind of newer, older part of Pahoa like where the 7-Eleven <br />and stuff; and this kind of merges those two areas together. And I think it takes some important <br />thought and thoughtfulness on what is going to be. And if something specific is proposed there’s a <br />greater chance for community input, to give their input and see and actually have something to bite <br />into. Most folks don’t realize what a change of zone means. They may have seen it, they may have <br />14 <br /> EXHIBIT A <br /> <br /> <br />