PRESENT: President John Riggins, Vice President Greg Peterson Secretary Stephen Enomoto, Treasurer Carol Smith, and Directors Carolyn Ancheta, Jennifer Curtis, Steven Loring, and Kevin Lum.

EXCUSED: Director Tom Otake

CALL TO ORDER

There being a quorum present, President Riggins called the meeting to order at 6:55 p.m.

Director Enomoto motioned, seconded by Director Peterson, to approve the minutes of the Board of Directors meeting held on February 24, 1999. Motion carried unanimously.

General Manager's Report - Mr. Warren Wegesend provided a verbal, as well as a written report which will become a part of the meeting file. He reported on the following items:

Deed and Park Dedication -- He was verbally advised that they will allow us to house the administration office in the recreation center. Also, the City's attorney will be submitting revised text on the agreement, which will be acceptable to the Association.

Financial Audit -- The audit is currently taking place as scheduled. We should have a report by the next meeting.

Jury Duty -- Mr. Wegesend is still on jury duty, but the trial should be wrapped up within the next few days.

Mr. Wegesend and President Riggins will be meeting again with HCDCH next week Wednesday at 2:00 p.m. They plan to ask about the completion of the Villages and the State's deviation from the Master Plan, as well as the ongoing problems within the villages which have not yet been resolved (such as: missing and faded street signs, dead trees, lines need painting on the streets, perimeter wall, cracked sidewalks, etc.). Mr. Wegesend took photos of the various problems and will be presenting them at the meeting. Other board members expressed an interest in attending the meeting, so Mr. Wegesend will inquire if they may attend.

Treasurer's Report -- Treasurer Smith reported that she saw no problems with the February 1999 financials

Director Curtis motioned, seconded by Director Peterson, to accept the Treasurer's report. Motion carried unanimously.

Legislative Action -- Director Peterson reported on the following items

Elevated Walkway over Farrington Highway -- The feeling he gets from our elected officials is that it is not cost effective. The only one who seems to show support for our request is Mark Moses. It was decided that we will need more community input and backing, so he will work with Linda Young who serves on the Neighborhood Board as well as the Malanai Iki Board; and he'll also try to coordinate something with Kapolei Elementary School, through Kent Apana. He will report back at the next meeting.

Kapolei High School -- Director Peterson was advised of a hearing the day before the hearing, so he had to draft testimony at the last minute. The funding passed out of committee, and it looks like we will get full funding.

Mr. Wegesend announced that he was advised that when the Middle School opens the Parkway will not be opened, due to construction still going on,. This will mean that the traffic on Kealanani and Kamaaha Avenues will be extremely heavy. This is another issue which they will bring up at next weeks meeting with HCDCH.

Personnel Committee -- Director Loring reported on the items which were discussed at the last committee meeting, held on March 22, 1999.

At the time the 401(k) Plan was first established, a six year vesting schedule for the vesting rights of the employer contributions was selected. The Board recently approved a 7-year vesting schedule. The plan administrator advised that this could not be changed without changing the entire plan and incurring additional yearly costs for administration of the new vesting schedule.

Director Curtis motioned, seconded by Director Peterson, to approve the recommendation of the committee to adopt the six-year vesting schedule as selected in the 40l(k) Plan, effective January 1, 1999. Motion carried unanimously.

On the issue of excused and unexcused absences of board members: Director Peterson motioned, seconded by Director Smith, to approve the recommendation of the committee that absences caused by sickness, or family emergencies, or due to work, be considered an excused absence. All other absences be considered unexcused. The President will determine what is considered a family emergency. Motion carried unanimously.

Kapolei Spring Festival -- Director Ancheta reported that although we are currently short of funds, she is confident we will meet our budget. The next scheduled meeting is tomorrow, March 25, 1999 at 7:00 p.m., in the Conference room.

Homeowners Comments -- The following homeowner addressed the Board with comments and concerns:

John Atchison -- Kumuiki

Jeanette Kaipo -- Kumuiki

Kapolei Knolls -- Mr. Wegesend reported that the authority to annex the Kapolei Knolls was deferred at the last HCDCH board meeting. Schuler Homes is still interested in having the Knolls join the association.

Resolution for John Connell -- A final copy will become a part of the meeting file.

Director Smith motioned, seconded by Director Curtis to adopt the Resolution for John Connell as written. Motion carried unanimously.

Status of Farrington Highway -- President Riggins announced that he was advised that the makai side of the highway should be paved and ready for use by the end of April.

Farrington Highway Overpass -- Already discussed under Legislative Action Committee

Letter to Family Center on Request for Land - Director Ancheta announced that the Family Centers request for the land between the Rec. Center and the elementary school was rejected. The State needs the money and will most likely put it out to bid.

Director Loring questioned why the letter from HCDCH was addressed c/o Villages of Kapolei. The Family Center is not affiliated with the Association. This matter will also be brought up at the next meeting with HCDCH.

People's Open Market - Director Ancheta announced that they spoke with the mayor and the Family Center will be bringing the People's Open Market to the Villages of Kapolei. It will be held in the City & County parking lot next to the Rec. Center.

ADJOURNMENT

Director Enomoto motioned, seconded by Director Curtis, to adjourn the meeting. Motion carried unanimously.