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HomeMy WebLinkAboutCOM 0106.008 2004-2006 6iar 14 05 '2,30p Brian Cook 308-324-0493 p.1 5(/FFOLK/NYESTMENT, L.L.C. 650 South Cherry Street, Suite 920 Denver, CO 80246 303-331-to3t Fax 3o3-33t-6448 - March 14, 2005 ~ - Honorable K. Angel Piiago, Co-Chair Honorable Pete Hoffman, Co-Chair Planning Committee Hawaii County Council 25 Aupuni Street Hilo, Hawaii g6~2D Re: Pualani Makai Rental Housing Project Dear Councilpersons Piiago and Hoffman: I was contacted by Brian Cook last week with an update on our rezoning application. Mr. Cook indicated that you had requested our presence at the continuation of the Planning Committee meeting on March 15"'. Unfortunately, we have other commitments that will prohibit us from attending and for this we apologize. After talking with Mr. Cock we held a meeting on haw we want to go forward with the development and construction of the rental project. It was decided that it will be in our best interests to structure a joint venture of sorts with Mr. Cook. He has Gved in Kona for a number of years and knows the community's needs. He indicated to us that affordable rentals are a top priority. He was the one who originally proposed that •ae seek approval For a rental housing only project. We, if rezoning is approved, wilt be sharing the substantial cost of the roadways and drainage channel improvements with Pua'a Development, LLC., so it makes sense to us to have Per. Cock on our team. With this in mind, we have requested that Mr. Ceok represent us at this upcoming meeting. We have full confidence that he will have ours and the community's best interests in mind, so we are quite cvmfortahle in Mr. Cook representing us in this regard. Very true yours ~ /G'~ ~ t ndrewC h1cCabe/ ~ s~rstant Manager Comm. No. Raf. To: PresedM uZ•_E Date ' n~