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<br />GONZALES: Oh, I thought we let him go. Mr. Thiel, you want to come back up for a sec? I <br />just, I need the, you know, I’d feel bad if we approve this, and we all walked away, and then <br />someone decided they weren’t necessary. Do you believe, you’re already sworn in Mr. Thiel, do <br />you think you would recommend smart signs? At least during the construction phase? <br /> <br />THIEL: I pause because everybody thinks that we can put up something that controls all the <br />traffic all the time, and the smart signs started out what I call being a friendly reminder to people. <br />There’s no enforcement. It’s just a friendly reminder, and it starts blinking when it gets above <br />the speed limit. It’s a solid color when it’s at the speed limit or below. I’ve heard, I have about <br />maybe 40 of them on the island, and I’ve heard swear by ‘em and other people swear at ‘em. I <br />have documentation showing on certain streets that we’ve lowered the speed limit by 3 or 4, 5 <br />miles an hour, and I have documentation on other streets saying that it didn’t do a bit of good. <br />And, one of the requirements we have when we do install them is that they has to be at least 400 <br />foot of straight road in front of them for the cars to activate them appropriately, and on a curvy <br />road, that’s very difficult to do, and we’ve installed them on curvy roads, and the cars coming <br />from the other direction block out the unit, and so it’s not recording properly. And so we have <br />all these different things want to look at, and this requirement for a smart sign came about long <br />time ago form the people in the area, and I can appreciate their concern, and I was in agreement <br />with it at the time but the more I look at it, I don’t know if it’s going to help, and if it doesn’t <br />help, it’s going to be a maintenance issue on my part for, for forever, and it would be useless. <br /> <br />So, to say that we feel it’s necessary right now is very difficult to say. I want to do something <br />that actually works, and what I’ve been doing around the island is I have a lot of tools in my <br />toolbox to make, to try to deal with the traffic, and smart signs is just one of ‘em. I’m not saying <br />what the solution is. My experience with traffic here is that if you’re driving a car, you don’t <br />want to go slower than 35 miles per hour, and if you’re a pedestrian, you don’t want anybody <br />going faster than 15 miles an hour, so we have a big gap and perception of what the speed should <br />be. I would at this point in time suggest we do not put them in until the road is done but still be <br />able to keep the developer on the hook if we feel it’s needed afterwards to have him put it in. <br />That way, it would be appropriate—it would be addressing the appropriate situation because <br />right now, there’s an improvement in this area, and I don’t know if that’s going to speed up the <br />cars or slow ‘em down, and I won’t know that until after it’s opened up, the traffic is traveling on <br />it, and we do some speed tests and counts to determine just what is happening there. So, I didn’t <br />give you a good positive answer but I gave you an explanation. <br /> <br />GONZALES: That was helpful. Thank you. Any questions for Mr. Thiel again? No? Any <br />questions for the Director? Thank you. I guess I’ll be looking for a motion. <br /> <br />HENKEL: Mr. Chairman? <br /> <br />GONZALES: Mr. Henkel. <br /> <br />HENKEL: I move we enter into executive session to consult with our Corp Counsel on our <br />options. <br /> <br />GONZALES: You’re gonna need a second. <br />22 <br />EXHIBIT F <br /> <br /> <br />