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<br />how to make your determination, and, unfortunately, we weren’t able to find anything in the <br />record on that first question as to whether or not a formal time extension should be required. <br /> <br />UNGER: Okay, and, again, just to read it, “This project area shall be called the Kaūpūlehu ʻ <br />Project District. The development period for the Kaʻ <br />from the effective date of approval of the Project District Ordinance.” <br /> <br />KAY: That is correct. That’s— <br /> <br />UNGER: And so that’s what we are trying to determine if that’s indeed a 20-year time limit, do <br />they have to come in for another 20 years, etcetera, etcetera? <br /> <br />KAY: That’s correct. <br /> <br />UNGER: Okay, well, I guess, we’ll, and your opinion is yes, this does— <br /> <br />KAY: Our opinion is yes, based on our review of the overall development, or the overall status <br />report, which, again, was required under Condition BB, and, again, it compels the Director to <br />make a recommendation to the Planning Commission and County Council for review and <br />ultimately action. Again, the record didn’t give us any kind of idea as to what that <br />recommendation looks like, but— <br /> <br />UNGER: Okay, so this is your recommendation. <br /> <br />KAY: This is our recommendation is ultimately at a 20-year time extension based on our review <br />of where they are at in the development process. <br /> <br />UNGER: And just from a procedural point, is this an opportunity then for the Planning <br />Department to go back in, review and make changes to the conditions? Is this a legal question or <br />is this -? If, if, say, they did not have, say, it was agreed that they don’t need a 20-year extension <br />and they are just coming in for an update. <br /> <br />KAY: So, yeah, I mean, it— <br /> <br />UNGER: I mean they come in for an update and we take this opportunity to, because, I mean, <br />and reviewing the changes, it looks like the most substantial change is the traffic analysis; I <br />mean, there is not a lot of changes in here other than the opportunity to update or modify the <br />conditions, which is probably a good thing. But, is this from, I guess, from a legal standpoint, is <br />this the opportunity for the Planning Department to comment and require additional changes to <br />the original agreement? <br /> <br />KAY: It could be an opportunity. We didn’t see anything here that was out of the ordinary <br />where it would require it. So, basically, all of the proposed changes to the language that we have <br />are to allow for the 20-year time extension, and then just really updating older conditions so that <br />are bringing up the standard language that we have now. <br /> <br />6 <br />EXHIBIT C <br /> <br />