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complaint is I really feel that it is possible for County and State, and that with this, to look at how
<br /> we can help each other take care of the whole place. Everything is money and I know it's a
<br /> revenue source, but you know, we'll promise every dollar you give us on that we'll put it right
<br /> back to Banyan Drive; it's not to feed or coffee or anything like that. And I think we can, should
<br /> have some room to discuss that anyway. But I do thank you, Ms. Case, for allI remember that
<br /> Saturday call in regards to Uncle Billy's, and those are the things that the public should know.
<br /> You should know all their assistance to us.
<br /> DELIMA: Nathan?
<br /> GADDIS: Yeah, sure, real briefly. Yeah, Planning Director mentioned, you know, the need for
<br /> long-term planning and some long-term vision and I think two things really are just having to
<br /> happen in concert right now, which is there is a short-term opportunity actually because of
<br /> current economic conditions, interest rates, everything. Momentum is there for investors and
<br /> people to come in and do something with the properties; momentum that wouldn't have been
<br /> there five years, six years ago, when we were struggling with Naniloa and the bankruptcies there.
<br /> We actually, I think, we're going to have more private market demand on that side than we did
<br /> even a few years ago. So the timing is good there, and I certainly wouldn't do anything to
<br /> hamstring that effort. What I'd like to see would be something simultaneous in concert to
<br /> memorialize that, and at the same time hopefully memorialize and fund the long-term planning
<br /> process and hopefully get something in writing, or something concrete, that can all happen at
<br /> once to allow both of those things to happen in concert, you know? Discussions over who has
<br /> authority over what, who does this, who does that, if you get bogged down in the weeds with that
<br /> too early on I think it can just freeze up the process. That can always happen down the line at
<br /> some point, but there's a definite opportunity afoot right now that should be exploited, and at the
<br /> same time hopefully we can have something that can memorialize the long-term planning effort
<br /> and funded so that everything can keep moving forward, short and long-term.
<br /> DELIMA: That was good. And I think we can put all those things on our next agenda, which
<br /> would essentially be a matter of what we can ask the Legislature to assist in terms of the cost of
<br /> maintenance, the cost of the demolition, and the cost of the master plan. So we could put those
<br /> matters on our next agenda, and our next meeting would be the last Wednesday in November.
<br /> And then we can get that to the Legislature by the end of November, as well as the County
<br /> Council. And I really appreciate everybody coming today and I think that the questions that
<br /> were asked, the comments that were made really allow us to see what we need to do and how we
<br /> can work together. So with that I just need a motion to approve the minutes.
<br /> YEE: Did Sue, did you want to say
<br /> DELIMA: Oh, I'm sorry. I kept pointing to Sue but I forgot toSue go ahead.
<br /> LEE LOY: Real quick, I just wanna point out last budget cycle, Mayor, I submitted a budget
<br /> amendment for, I believe, $280,000.00 to the Planning Department and this agency alone. It
<br /> didn't pass, so maybe in our next budget cycle you would give some real serious consideration to
<br /> funding this agency so we can really see the economic opportunities, the capital investment, and
<br /> the return on investment for this area. It really is a gem for Hilo.
<br /> DELIMA: Thank you, Sue. Okay, so that was a good last word.
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<br /> Banyan Drive Hawaii Redevelopment Agency
<br /> October 25,2017 Minutes
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