Cute video of magnetic poetry.

11/14/68 A0053335 NEW YORK: LUXURY HOTEL IS TRANSITION WHITE HOUSE: NX 40785 "NIXON HQ" SHOWS: TILT HOTEL PIERRE: DOORMAN: SEV SCENES LOBBY, US STAIRS TO HQ'S: SEV SCENES COFFEE AND DONUTS TO PRESS: (SHOT 11/14/68 39FT) HOTELS & MOTELS - NEW YORK NEW YORK - PIERRE NIXON, R (SS) OFFICE JOURNALISM - GENERAL ALLALOUF / 39 FT / 16 NEG / D21550 200 FT / 16 NEG / CUTS /

Buffalo roundup file. Exact date footage was taken is unknown, other than it was taken in 1985.

03/02/71 C0016595 - COLOR PARIS, FRANCE: YUGOSLOAV PREMIER RIBICIC MEETS WITH FRENCH PREMIER CHABAN - DELMAS DURING STATE VISIT TO PARIS. LNC 21550 "RIBICIC PARIS" SHOWS: GV RIVER SEINE: CU SIGN "QUAI D'ORSAY": CU FOR MINISTRY BUILDING: MS M CHABAN - DELMAS ARRIVES: CU PORTRAIT OF CARDINAL RICHELIEU: MS CHABAN - DELMAS AND RIBICIC SHAKE HANDS: (SHOT 03/02/71 27FT) RIBICIC, MITJA CHABAN - DELMAS, JACQUES YUGOSLAVIA - FOREIGN RELATIONS - FRANCE FRANCE - FOREIGN RELATIONS - YUGOSLAVIA UPITN / 27 FT / 16 POS / COLOR / R33144

08/31/65 A0024524 BRANDS HATCH, ENGLAND: FORMER WORLD RACING CAR CHAMPION JOHN SURTEES OF BRITAIN WINS SPORTS CAR RACE: LN 21550 "BRANDS HATCH" SHOWS: POSTER, ZOOM OUT TO RACING TRACK: JOHN SURTEES IN CAR: JIM CLARK IN CAR WITH MECHANIC AT WORK: BRUCE NC CLAREN OF NEW ZEALAND: GRAHAN HILL: DAN GURNEY IN CAR: RACE STARTS PAN BANCE: PAN SURTEES LEADING: MC CLAREN TAKES BEND: JIM CLARK AROUND BEND: RACE: CLARK'S CAR AFTER SPINING OFF: SURTEES WINS: CROWD APPLAUDSSURTEES: SURTEES RECEIVES TROPHY: (SHOT 8/30/65 73FT) AUTO RACE - 1965 SURTEES, JOHN MC CLAREN, BRUCE HILL, GRAHAM GURNEY, DAN GREAT BRITAIN - BRANDS HATCH LN / 73 FT / 16 NEG / R10261

[CAMPAIGN 2000: Gore and Lieberman at Rally in Carthage, Tennessee] [CARTHAGE, TN] 2:00:04 I am so proud that you have picked this man to be your running mate 2:00:23 serve the lord, get out the vote 2:00:41 stood up under pressure ... you family has always remembered the people 2:01:19 keep smiling, don't let bad publicity get you down 2:01:56 al gore has most love for people of us 2:02:26 woman / lieberman on vouchers 2:03:08 lieberman - the folks on the other side are trying ... differences are very very few 2:03:20 share vision for the future /// some things that we disagree and this is one 2:03:30 mark of leadership picking someone who might disagree 2:03:43 active discussion 2:04:27 lieberman - running battle with teachers in my state about this 2:04:49 voted for vouchers a couple times, wanted to try it out 2:06:35 gore - not afraid to have vice president who will disagree with me on this 2:06:48 our administration will be opposed to private school vouchers 2:07:02 asset not a liability to differ on a point of view 2:07:18 that's going to make us better 2:07:58 I'm not for vouchers, but that gives me an extra obligation to bring about change (inner city) 2:08:52 tax break so families can send kids to college 2:10:53 tipper gore 2:11:38 haddassah 2:13:18 all schools connected to Internet in Tennessee 2:13:33 140,000 computers connected 2:13:57 when I started talking about the information superhighway 2:14:22 I want to see a day come when a little girl in Carthage ... and gain access to library 2:14:40 of congress and learn at her own pace 2:15:10 telecommunications law 2:15:30 Clinton allowed me to wield veto to get bill we wanted 2:15:50 in that legislation, I told the members of the house and senate, we would veto anything that didn't have a provision to give money to schools for internet 2:16:37 I want to thank Clinton for backing me up 2:17:16 hold on, don't start the music 2:17:37 I want to thank you for patience 2:17:43 Hillary Clinton wrote the book it takes a village 2:18:15 *** started ceremony with a prayer ... nothing new about that 2:18:42 I believe I've been able to deliver for you ... surpluses not deficits 2:19:05 strongest economy 2:19:12 we've had some success in bringing about positive change 2:19:29 thank you Carthage for being the village that raised me 2:19:49 you ain't seen nothin yet 2:19:52 joe lieberman, take it to the next level

01:29:00 new tape rumsfeld DATELINE: Washington DC, 20 March 2003 SHOTLIST: (FIRST RUN 2300 AUSTRALIA NEW ZEALAND, 20 MARCH 2003) 1. SOUNDBITE (English) Donald Rumsfeld, US Secretary of Defence: "The Iraqi regime is a grave and gathering danger. With each passing day Saddam Hussein advances his arsenal of weapons of mass destruction and could pass them along to terrorists. If he was allowed to do so the result could be the deaths, not of three thousand people as on September 11th, but of 30-thousand or 300-thousand or more innocent people. Our responsibility, your mission, is to prevent that from happening and to eliminate the Iraqi regime as a threat." (FIRST RUN 0010 IRAQ SPECIAL, 21 MARCH 2003) 2. Rumsfeld speaks with reporters 3. SOUNDBITE (English) Donald Rumsfeld, US Secretary of Defence: "Things are going very well. General Franks and his team are first rate, they are enormously capable they have a plan that in my judgement is excellent and they are proceeding with it and there is no questions that that regime will not be there in the future and at some point the people of Iraq and the military of Iraq will register that fact. The people will be enormously relieved they will be liberated and the military, if they are wise, will refuse to obey orders and particualry will refuse to obey any order involving the use of weapons of mass destruction." (FIRST RUN 0200 EUROPE OVERNIGHT, 21 MARCH 2003) 4. SOUNDBITE (English) Donald Rumsfeld, US Secretary of Defence: "What in the world are you folks doing up so late? You all ought to be home in bed. We still hope that it is possible that they will not be there without the full force and fury of a war. There are communications in every conceivable mode and method, public and private to the Iraqi forces that they can act with honour and turn over the weapons and walk away from them and they will not be hurt and anyone who, conversely, anyone who engages in the use of weapons of mass destruction or supports that regime will wish they had not. Good evening." 4. Follows Rumsfeld walking away 1:33:03 01:30:49 1:37:00 us anti-war protests 01:38:53 protest video--new york/sanfrancisco**** 1:38:20 sf violence new feed tech tv feed 01:40:51 wired drivers 01:43:13 janus backyard wrestling ----------------------------------------------- 01:48:47 aptn slate wired drivers, janus wireless, backyard wrestling 01:52:34 entertainment asia slate ocscar preps, dixie chicks, dancestar awards ----------------------------------------------- 02:15:23 asia pacific late replay 21550 s. iraq attacks replay 2:18:25 s. iraq attacks 2:19:00 MORE FIRING/SHELLS******* 2:19:20 S. IRAQ TANKS 2:21:20 N.KUWAIT BORDER EXPLOSIONS 2:22:48 GULF MISSILES 2:26:30 AUS. IRAQ 2:27:10 WAR PROTESTS 2:28:20 PHILIPINE PROTESTS 2:30:25 JAPAN PROTESTS DATELINE: Tokyo, 21 March 2003 SHOTLIST: 1. Front of march with banners and caricatures of US President George W. Bush and Japanese Prime Minister Junichiro Koizumi 2. Close up of Bush and Koizumi cartoons 3. Overhead pan to wide of march 4. Various of marchers 5. Police watching march 6. Young women wearing matching pink short skirts and small tops holding anti-war banner 7. Wide of march 8. Musicians at rally 9. SOUNDBITE (Japanese) Vox Pop, protester: "There's no good reason for the war that America is waging so I want to demonstrate in any way I can." 10. SOUNDBITE (Japanese) Vox Pop, Monk: "Well now the war has started I want to join together with all these people from different religions and backgrounds to try somehow to stop the war." 11. Mid Shot of marchers STORYLINE: Thousands of demonstrators marched through central Tokyo on Friday to protest against the war in Iraq and Japan's plans to provide noncombat support for the U.S.-led campaign. The protest came hours after U.S. President George W. Bush called to thank Japanese Prime Minister Junichiro Koizumi for joining Washington's "coalition of the willing." The prime minister backs efforts by the United States, Japan's main ally, to disarm Saddam Hussein and has promised to provide aid for refugees and help rebuild Iraq after the fighting is over. But the conflict is extremely unpopular in a country with bitter memories of the crushing defeat it suffered in World War II. Chanting "World peace no war," thousands took advantage of warm spring weather and a national holiday to march for peace in Tokyo on Friday afternoon. Organisers said they hoped for up to 50-thousand marchers to set out from downtown Shiba Park, but police estimated the number who actually attended at about 8-thousand. Students and families carrying placards and giant paper cranes - a symbol of peace - were joined by flag-waving representatives of Japan's main opposition parties and labor unions. Earlier on Friday, Japanese officials said Bush called Koizumi to explain the U.S. decision to attack Iraq and thank the Japanese leader for his backing. According to a transcript of the 10-minute conversation released by Japan's Foreign Ministry, Koizumi said his country's support for the U.S. campaign to disarm Iraq was "a matter of course." Japan also has promised 5.03 (M) million US dollars in aid to humanitarian organisations such as the U.N. High Commissioner for Refugees and the World Food Programme. Other noncombat measures under consideration by Koizumi's government include taking part in minesweeping operations at sea - something Japan did after the Gulf War - and helping to dismantle weapons of mass destruction found in Iraq. ----------------------------------------------------- 2:30:19 JAPAN IRAQ NEW ANTI-WAR RALLY RT: 1:34 TOKYO 2:32:00 CHINA ANTI-WAR DATELINE: Beijing, 21 March 2003 SHOTLIST: 1. Protest organiser Nick Young giving speech, pans to protestors 2. Close up on protestors 3. Children holding banner in English: "Stop War in Iraq." 4. SOUNDBITE (English) Nick Young, Freelance researcher and consultant, protest organiser: "This is an extremely dangerous move for the whole world because it implies that international law, international rule, international agreement no longer is important. It implies that America will do whatever it wants to do. I think everyone should be frightened by that and I think China should be frightened by that." 5. Mid shot of police van arriving 6. Close up on plain clothes policeman filming protesters 7. UPSOUND (Mandarin) Chinese Policeman: "Every journalist here can't make the news. Please leave here, ok ?" 8. CNN cameraman with policeman - according to CNN he was being asked to delete some shots he took of the police 9. Mid shot of Nick Young talking to policeman 10. Various shots of protestors marching with banners in English and Mandarin 11. SOUNDBITE (English) Vox Pop, Swedish tourist: "(War is) No good at all. Try to solve it another way, in peace." 12. Chinese elderly looking on clap their hands 13. Chinese onlookers watching protest march by 14. SOUNDBITE (English) Robert (No surname given), Pro-War Beijing resident: (Q - Do you support the War?) "War ? No, no, no to war. But we have to do like this! We have to, you know?" 15. Close up on English banner on gates of Ritan Park reading: "International Community" 16. Close up on hands tying banner to gate 17. Mid shot of protestor tying banner to gate 18. Mid shot of banner reading: "Not in our name." 19. Wide shot of banners tied to gate STORYLINE A group of Western expatriates gathered in a Beijing park on Friday to protest against military action in Iraq after police blocked their plan to demonstrate outside the U.S. Embassy. Bearing antiwar banners and distributing leaflets, the group of around 30 people managed to stage a peaceful march through Beijing's Ritan park in the morning, under the ever watchful gaze of the authorities who usually don't allow mass public expressions of opinion. Elderly Chinese people who often start their day by exercising in Beijing's parks, watched the protests. Many applauded, but some also objected to the demonstration. Large unauthorised demonstrations are frowned upon by authorities for fear that they could turn into anti-government protests. A cameraman for the US news channel CNN said police asked him to delete pictures he had filmed of their officers at the protest. China's legislature on Friday expressed what it called "grave worries" over the military action in Iraq, a day after the government said the attack was a violation of international conventions. 2:33:49 US RUMSFELD 4 2:36:46 US ANTI WAR/NY/LA/DC 2:39:57 KUWAIT OIL FIRES 2:42:30 2:45:00 BAGHDAD AFTERMATH 2:48:00 SPORTS ASIA PACIFIC LATE FEED 02:57:52 END OF TAPE/CHANGE TAPE

TAPE TWO interview with Brian Chikowsky 2:00:06 shrimper out in the ocean, dark shot 2:00:29 tighter shot on shrimper, birds circling shrimper 2:01:36 CB: Brian, can you tell us about why and when you decided to build a house here. 2:01:40 BC (single shot) Well, we decided to build a house here in January of this year. We had looked in many places along the Gulf Coast, going down from Florida all the way from Louisiana looking for a place to build a home on the beach because we like the Gulf Coast we rented houses in many place, we discovered Dauphin Island about five years ago while we were renting in Fort Morgan which is just across the mouth of Mobile Bay. 2:02:10 CB: What do you like about Dauphin Island? 2:02:12 BC: Well I like the ability to be right on the Gulf of Mexico, right on the beach. We're from California where the best is basically owned, public access the only people that can be on the beach are the movie stars down in Malibu so regular people aren't really able to have a place on the beach. So here we're able to do that and we like the weather, we like the people, it's a nice southern feel people are very polite and helpful, so those are the reasons. 2:02:42 CB: And when you decided to buy this property, obviously Katrina must have been on your mind. 2:02:48 BC: Absolutely, Katrina had wiped out Dauphin Island, I think they lost maybe 300 houses here. 2:02:52 CB: And what about this property? 2:02:55 BC: Well this property had a home on it that was completely missing after Katrina there wasn't a trace of it, it was a vacant lot after the hurricane came. 2:03:04 CB: Did that give you any pause at all to build right where a home had been completely wiped away by Katrina? 2:03:09 BC: Well, what encourages us to build was the plan to construct a berm of sand, basically reconstruct the beach right out from our house here and we knew that that would protect us from the typical storms, it wouldn't protect us from a storm of historical proportions like Katrina, but we're thinking that might not happen again too soon. 2:03:32 CB: So you're gambling? 2:03:33 BC: We're gambling, that's correct, we are. Now we have flood insurance, that's required by FEMA, and the banks, the lenders. So we obtained flood insurance we were required to build the house at a certain height and we complied with those requirements and we did obtain flood insurance. 2:03:51 CB: Would you have considered building this home without flood insurance? 03:55 BC: Possibly, but I don't think so I think without flood insurance we probably wouldn't be building this home. 2:04:01 CB: Just too expensive or too risky. 2:04:02 BC: Too risky you can't recover anything if the house gets wiped out so it's important to have the flood insurance I think. 2:04:08 CB: With flood insurance the federal government will give you up to $250,000? 2:04:12 BC: That's correct. 2:04:14 CB: But you pay a premium for that? 2:04:14 BC: That's correct. 2:04:16 CB: There is an argument that the federal government should not by subsidizing the risk to build in an area that's vulnerable to hurricanes, what's your thoughts on that as a homeowner? 2:04:26 BC: Well I enjoy the benefit of having that flood insurance and all the people here on Dauphin Island do likewise and as well as people all around the United States and I think that's a policy decision that has be to determined by the political people I don't really get into the middle of the argument, but I know that the insurance is available and I take advantage of it. 2:04:48 CB: And for those who say that the tax payers shouldn't be protecting that risk what do you say? 2:04:56 BC: Well I guess talk to your local politician and try to change the law if you don't agree with it. 2:05:02 CB: But as an investor and a builder, the insurance makes it possible for you, or helps. 2:05:09 BC: That's correct, it's a one of the motivational factors in building a home. 2:05:13 CB: There is another federal break here to encourage development called the Go Zone, tell us how that works for the average developer. 2:05:22 BC: I think if you're going to own or occupy your home I don't know if the Go Zone will help you that much, but the federal legislation encourages people to come and do develop and particularly rental housing, I know there's some benefits for commercial development too but I'm not really familiar with those, but I am familiar with the rental housing incentives and there is a significant incentive to construct a rental property in the Go Zone. 2:05:50 CB: You can some kind of a tax break? 2:05:51 BC: That's correct. 2:05:51 CB: Off your federal income taxes? 2:05:53 BC: That's correct, it's a federal tax break. 2:05:55 CB: When you look at the cost of building here on the water compared to building if you could in California what is the differential like? 2:06:03 BC: Well it's about one-third the cost, one-third the cost for the construction of the house. The lot is separate, but just the cost of the house it's about one-third of the cost. I attribute that to the lack of red tape and it's very easy to get a building permit, we obtained a building permit in less than a week and in California we probably we still be arguing over the plans. It may take us a year or two to get a building permit. 2:06:32 CB: You're sitting here on a very vulnerable spit of land in a hurricane season that some hurricane experts are already forecasting to be pretty good, what are your thoughts or concerns about another hurricane coming through here. 2:06:47 BC: Well, I think it's like lightening striking twice in the same place. I don't think we're going to have a hurricane of Katrina's proportion here for a long time. It's possibly, I also think the people are predicting that they're going to go up the east coast this year and not go into the Gulf so we'll see. 2:07:06 CB: But this place has been hit by something like 6 huricanes so the odds eventually, not necessarily Katrina, but if you look at the odds for a hurricane hitting Dauphin Island again. 2:07:18 BC: I think you're right I think the odds are high that another hurricane will come here eventually that's correct. 2:07:23 CB: And what about the construction of your building that will prevent against a storm? 2:07:28 BC: Well the building is about 20 ft. off the surface and we believe and we think FEMA believes, whoever the scientists they consult with believe that will go underneath and pass through. In fact the builder we're using build several houses here that survived the hurricane and we're using the same building technique and the same height off the sand and we believe we can withstand a few hurricanes. And obviously houses like ours withstood Katrina. 2:08:03 CB: You've certainly got a million dollar view. 2:08:05 BC: Yeah, it's very nice isn't it. 2:08:19 CB: What might be your concern if, for whatever reason, this berm plan falls apart? 2:08:25 BC: Well if the berm isn't constructed then I think we're probably more vulnerable to hurricanes of a lesser proportion of Katrina and we could possibly get some damage from those hurricanes. 2:08:38 CB: So it's important to you? 2:08:39 BC: It's very important to me. 2:08:49 wide shot 2:09:17 walk and talk inside of a house being constructed 2:09:26 CB: How long did it take to put this house up after the storm? 2:09:29 BC: This is, they started construction in mid-April. 2:09:32 CB: Mid-April, wow that's fast. 2:09:34 BC: It's very fast, and the local contractors are unbelievably good and if you know anything about quality you can see the quality of the carpentry, the seams meet and if you know anything about construction I'm really pleased with it so far. 2:09:59 CB: And what's the rental season like, does this rent out in the winter too or is it mainly a summer rental? 2:10:04 BC: Well, it, you get most of your income in the summer, there's like a 12 week season. (break in tape) 10:13 I think there's occasional snowbirds come down from the Midwest, there's actually people coming down from Canada who rent on the island. 2:10:22 But I don't think you can count on getting much income in the winter. 2:10:25 CB: So most of your rental business in going to be basically May-September, right? 2:10:30 BC: Yeah mid-August, school starts here like August 10th or 15th. 2:10:36 WS of Chris and Brian in house, CB: Most the homes here are being rebuilt the ones that were destroyed. 2:10:39 BC: I think as people are settling with their insurance carriers they're making the decision themselves whether to rebuild or sell. The people who own this lot, that's a story within itself, they're a couple of doctors out of Slidell, LA well they lost their home and they lost their beach house and they just wanted to get rid of it and be done with it. 2:11:00 CB: Did you start building here after you saw Katrina or had you been thinking about it for a while? 2:11:06 BC: Well when I saw that, I'm an attorney so I get a blog of tax law information.(tape breaks off) 2:11:19 shots of house under construction 2:11:31 WS of house under construction 2:11:42 WS view from house on to the beach, pan across the beach, includes long stairs going up to the house 2:12:04 WS of land with houses, beach and dumpster 2:12:07 pan to large house on stilts 2:12:34 MS of cross beams of stilts under house 2:12:44 pan out show more of under the house 2:12:49 under the house with stilts 2:13:28 WS of guys working on building a house 2:13:54 WS of house under construction with other houses 2:14:23 MS of guys working on roof 2:14:33 ladders and wood beams on sand 2:14:37 pan up to house under construction 2:14:53 WS of house under construction 2:15:21 MS of guys working on roof of house 2:15:32 shirtless man measuring boards 2:15:44 large house that looks either rebuilt or new 2:15:50 pan back to house under construction 2:16:05 WS of houses 2:16:18 WS of pile of sand and debris on beach 2:16:37 boarded up house 2:16:51 WS of pile of sand with people climbing on it and debris

TAPE TWO interview with Brian Chikowsky 2:00:06 shrimper out in the ocean, dark shot 2:00:29 tighter shot on shrimper, birds circling shrimper 2:01:36 CB: Brian, can you tell us about why and when you decided to build a house here. 2:01:40 BC (single shot) Well, we decided to build a house here in January of this year. We had looked in many places along the Gulf Coast, going down from Florida all the way from Louisiana looking for a place to build a home on the beach because we like the Gulf Coast we rented houses in many place, we discovered Dauphin Island about five years ago while we were renting in Fort Morgan which is just across the mouth of Mobile Bay. 2:02:10 CB: What do you like about Dauphin Island? 2:02:12 BC: Well I like the ability to be right on the Gulf of Mexico, right on the beach. We're from California where the best is basically owned, public access the only people that can be on the beach are the movie stars down in Malibu so regular people aren't really able to have a place on the beach. So here we're able to do that and we like the weather, we like the people, it's a nice southern feel people are very polite and helpful, so those are the reasons. 2:02:42 CB: And when you decided to buy this property, obviously Katrina must have been on your mind. 2:02:48 BC: Absolutely, Katrina had wiped out Dauphin Island, I think they lost maybe 300 houses here. 2:02:52 CB: And what about this property? 2:02:55 BC: Well this property had a home on it that was completely missing after Katrina there wasn't a trace of it, it was a vacant lot after the hurricane came. 2:03:04 CB: Did that give you any pause at all to build right where a home had been completely wiped away by Katrina? 2:03:09 BC: Well, what encourages us to build was the plan to construct a berm of sand, basically reconstruct the beach right out from our house here and we knew that that would protect us from the typical storms, it wouldn't protect us from a storm of historical proportions like Katrina, but we're thinking that might not happen again too soon. 2:03:32 CB: So you're gambling? 2:03:33 BC: We're gambling, that's correct, we are. Now we have flood insurance, that's required by FEMA, and the banks, the lenders. So we obtained flood insurance we were required to build the house at a certain height and we complied with those requirements and we did obtain flood insurance. 2:03:51 CB: Would you have considered building this home without flood insurance? 03:55 BC: Possibly, but I don't think so I think without flood insurance we probably wouldn't be building this home. 2:04:01 CB: Just too expensive or too risky. 2:04:02 BC: Too risky you can't recover anything if the house gets wiped out so it's important to have the flood insurance I think. 2:04:08 CB: With flood insurance the federal government will give you up to $250,000? 2:04:12 BC: That's correct. 2:04:14 CB: But you pay a premium for that? 2:04:14 BC: That's correct. 2:04:16 CB: There is an argument that the federal government should not by subsidizing the risk to build in an area that's vulnerable to hurricanes, what's your thoughts on that as a homeowner? 2:04:26 BC: Well I enjoy the benefit of having that flood insurance and all the people here on Dauphin Island do likewise and as well as people all around the United States and I think that's a policy decision that has be to determined by the political people I don't really get into the middle of the argument, but I know that the insurance is available and I take advantage of it. 2:04:48 CB: And for those who say that the tax payers shouldn't be protecting that risk what do you say? 2:04:56 BC: Well I guess talk to your local politician and try to change the law if you don't agree with it. 2:05:02 CB: But as an investor and a builder, the insurance makes it possible for you, or helps. 2:05:09 BC: That's correct, it's a one of the motivational factors in building a home. 2:05:13 CB: There is another federal break here to encourage development called the Go Zone, tell us how that works for the average developer. 2:05:22 BC: I think if you're going to own or occupy your home I don't know if the Go Zone will help you that much, but the federal legislation encourages people to come and do develop and particularly rental housing, I know there's some benefits for commercial development too but I'm not really familiar with those, but I am familiar with the rental housing incentives and there is a significant incentive to construct a rental property in the Go Zone. 2:05:50 CB: You can some kind of a tax break? 2:05:51 BC: That's correct. 2:05:51 CB: Off your federal income taxes? 2:05:53 BC: That's correct, it's a federal tax break. 2:05:55 CB: When you look at the cost of building here on the water compared to building if you could in California what is the differential like? 2:06:03 BC: Well it's about one-third the cost, one-third the cost for the construction of the house. The lot is separate, but just the cost of the house it's about one-third of the cost. I attribute that to the lack of red tape and it's very easy to get a building permit, we obtained a building permit in less than a week and in California we probably we still be arguing over the plans. It may take us a year or two to get a building permit. 2:06:32 CB: You're sitting here on a very vulnerable spit of land in a hurricane season that some hurricane experts are already forecasting to be pretty good, what are your thoughts or concerns about another hurricane coming through here. 2:06:47 BC: Well, I think it's like lightening striking twice in the same place. I don't think we're going to have a hurricane of Katrina's proportion here for a long time. It's possibly, I also think the people are predicting that they're going to go up the east coast this year and not go into the Gulf so we'll see. 2:07:06 CB: But this place has been hit by something like 6 huricanes so the odds eventually, not necessarily Katrina, but if you look at the odds for a hurricane hitting Dauphin Island again. 2:07:18 BC: I think you're right I think the odds are high that another hurricane will come here eventually that's correct. 2:07:23 CB: And what about the construction of your building that will prevent against a storm? 2:07:28 BC: Well the building is about 20 ft. off the surface and we believe and we think FEMA believes, whoever the scientists they consult with believe that will go underneath and pass through. In fact the builder we're using build several houses here that survived the hurricane and we're using the same building technique and the same height off the sand and we believe we can withstand a few hurricanes. And obviously houses like ours withstood Katrina. 2:08:03 CB: You've certainly got a million dollar view. 2:08:05 BC: Yeah, it's very nice isn't it. 2:08:19 CB: What might be your concern if, for whatever reason, this berm plan falls apart? 2:08:25 BC: Well if the berm isn't constructed then I think we're probably more vulnerable to hurricanes of a lesser proportion of Katrina and we could possibly get some damage from those hurricanes. 2:08:38 CB: So it's important to you? 2:08:39 BC: It's very important to me. 2:08:49 wide shot 2:09:17 walk and talk inside of a house being constructed 2:09:26 CB: How long did it take to put this house up after the storm? 2:09:29 BC: This is, they started construction in mid-April. 2:09:32 CB: Mid-April, wow that's fast. 2:09:34 BC: It's very fast, and the local contractors are unbelievably good and if you know anything about quality you can see the quality of the carpentry, the seams meet and if you know anything about construction I'm really pleased with it so far. 2:09:59 CB: And what's the rental season like, does this rent out in the winter too or is it mainly a summer rental? 2:10:04 BC: Well, it, you get most of your income in the summer, there's like a 12 week season. (break in tape) 10:13 I think there's occasional snowbirds come down from the Midwest, there's actually people coming down from Canada who rent on the island. 2:10:22 But I don't think you can count on getting much income in the winter. 2:10:25 CB: So most of your rental business in going to be basically May-September, right? 2:10:30 BC: Yeah mid-August, school starts here like August 10th or 15th. 2:10:36 WS of Chris and Brian in house, CB: Most the homes here are being rebuilt the ones that were destroyed. 2:10:39 BC: I think as people are settling with their insurance carriers they're making the decision themselves whether to rebuild or sell. The people who own this lot, that's a story within itself, they're a couple of doctors out of Slidell, LA well they lost their home and they lost their beach house and they just wanted to get rid of it and be done with it. 2:11:00 CB: Did you start building here after you saw Katrina or had you been thinking about it for a while? 2:11:06 BC: Well when I saw that, I'm an attorney so I get a blog of tax law information.(tape breaks off) 2:11:19 shots of house under construction 2:11:31 WS of house under construction 2:11:42 WS view from house on to the beach, pan across the beach, includes long stairs going up to the house 2:12:04 WS of land with houses, beach and dumpster 2:12:07 pan to large house on stilts 2:12:34 MS of cross beams of stilts under house 2:12:44 pan out show more of under the house 2:12:49 under the house with stilts 2:13:28 WS of guys working on building a house 2:13:54 WS of house under construction with other houses 2:14:23 MS of guys working on roof 2:14:33 ladders and wood beams on sand 2:14:37 pan up to house under construction 2:14:53 WS of house under construction 2:15:21 MS of guys working on roof of house 2:15:32 shirtless man measuring boards 2:15:44 large house that looks either rebuilt or new 2:15:50 pan back to house under construction 2:16:05 WS of houses 2:16:18 WS of pile of sand and debris on beach 2:16:37 boarded up house 2:16:51 WS of pile of sand with people climbing on it and debris

TAPE TWO interview with Brian Chikowsky 2:00:06 shrimper out in the ocean, dark shot 2:00:29 tighter shot on shrimper, birds circling shrimper 2:01:36 CB: Brian, can you tell us about why and when you decided to build a house here. 2:01:40 BC (single shot) Well, we decided to build a house here in January of this year. We had looked in many places along the Gulf Coast, going down from Florida all the way from Louisiana looking for a place to build a home on the beach because we like the Gulf Coast we rented houses in many place, we discovered Dauphin Island about five years ago while we were renting in Fort Morgan which is just across the mouth of Mobile Bay. 2:02:10 CB: What do you like about Dauphin Island? 2:02:12 BC: Well I like the ability to be right on the Gulf of Mexico, right on the beach. We're from California where the best is basically owned, public access the only people that can be on the beach are the movie stars down in Malibu so regular people aren't really able to have a place on the beach. So here we're able to do that and we like the weather, we like the people, it's a nice southern feel people are very polite and helpful, so those are the reasons. 2:02:42 CB: And when you decided to buy this property, obviously Katrina must have been on your mind. 2:02:48 BC: Absolutely, Katrina had wiped out Dauphin Island, I think they lost maybe 300 houses here. 2:02:52 CB: And what about this property? 2:02:55 BC: Well this property had a home on it that was completely missing after Katrina there wasn't a trace of it, it was a vacant lot after the hurricane came. 2:03:04 CB: Did that give you any pause at all to build right where a home had been completely wiped away by Katrina? 2:03:09 BC: Well, what encourages us to build was the plan to construct a berm of sand, basically reconstruct the beach right out from our house here and we knew that that would protect us from the typical storms, it wouldn't protect us from a storm of historical proportions like Katrina, but we're thinking that might not happen again too soon. 2:03:32 CB: So you're gambling? 2:03:33 BC: We're gambling, that's correct, we are. Now we have flood insurance, that's required by FEMA, and the banks, the lenders. So we obtained flood insurance we were required to build the house at a certain height and we complied with those requirements and we did obtain flood insurance. 2:03:51 CB: Would you have considered building this home without flood insurance? 03:55 BC: Possibly, but I don't think so I think without flood insurance we probably wouldn't be building this home. 2:04:01 CB: Just too expensive or too risky. 2:04:02 BC: Too risky you can't recover anything if the house gets wiped out so it's important to have the flood insurance I think. 2:04:08 CB: With flood insurance the federal government will give you up to $250,000? 2:04:12 BC: That's correct. 2:04:14 CB: But you pay a premium for that? 2:04:14 BC: That's correct. 2:04:16 CB: There is an argument that the federal government should not by subsidizing the risk to build in an area that's vulnerable to hurricanes, what's your thoughts on that as a homeowner? 2:04:26 BC: Well I enjoy the benefit of having that flood insurance and all the people here on Dauphin Island do likewise and as well as people all around the United States and I think that's a policy decision that has be to determined by the political people I don't really get into the middle of the argument, but I know that the insurance is available and I take advantage of it. 2:04:48 CB: And for those who say that the tax payers shouldn't be protecting that risk what do you say? 2:04:56 BC: Well I guess talk to your local politician and try to change the law if you don't agree with it. 2:05:02 CB: But as an investor and a builder, the insurance makes it possible for you, or helps. 2:05:09 BC: That's correct, it's a one of the motivational factors in building a home. 2:05:13 CB: There is another federal break here to encourage development called the Go Zone, tell us how that works for the average developer. 2:05:22 BC: I think if you're going to own or occupy your home I don't know if the Go Zone will help you that much, but the federal legislation encourages people to come and do develop and particularly rental housing, I know there's some benefits for commercial development too but I'm not really familiar with those, but I am familiar with the rental housing incentives and there is a significant incentive to construct a rental property in the Go Zone. 2:05:50 CB: You can some kind of a tax break? 2:05:51 BC: That's correct. 2:05:51 CB: Off your federal income taxes? 2:05:53 BC: That's correct, it's a federal tax break. 2:05:55 CB: When you look at the cost of building here on the water compared to building if you could in California what is the differential like? 2:06:03 BC: Well it's about one-third the cost, one-third the cost for the construction of the house. The lot is separate, but just the cost of the house it's about one-third of the cost. I attribute that to the lack of red tape and it's very easy to get a building permit, we obtained a building permit in less than a week and in California we probably we still be arguing over the plans. It may take us a year or two to get a building permit. 2:06:32 CB: You're sitting here on a very vulnerable spit of land in a hurricane season that some hurricane experts are already forecasting to be pretty good, what are your thoughts or concerns about another hurricane coming through here. 2:06:47 BC: Well, I think it's like lightening striking twice in the same place. I don't think we're going to have a hurricane of Katrina's proportion here for a long time. It's possibly, I also think the people are predicting that they're going to go up the east coast this year and not go into the Gulf so we'll see. 2:07:06 CB: But this place has been hit by something like 6 huricanes so the odds eventually, not necessarily Katrina, but if you look at the odds for a hurricane hitting Dauphin Island again. 2:07:18 BC: I think you're right I think the odds are high that another hurricane will come here eventually that's correct. 2:07:23 CB: And what about the construction of your building that will prevent against a storm? 2:07:28 BC: Well the building is about 20 ft. off the surface and we believe and we think FEMA believes, whoever the scientists they consult with believe that will go underneath and pass through. In fact the builder we're using build several houses here that survived the hurricane and we're using the same building technique and the same height off the sand and we believe we can withstand a few hurricanes. And obviously houses like ours withstood Katrina. 2:08:03 CB: You've certainly got a million dollar view. 2:08:05 BC: Yeah, it's very nice isn't it. 2:08:19 CB: What might be your concern if, for whatever reason, this berm plan falls apart? 2:08:25 BC: Well if the berm isn't constructed then I think we're probably more vulnerable to hurricanes of a lesser proportion of Katrina and we could possibly get some damage from those hurricanes. 2:08:38 CB: So it's important to you? 2:08:39 BC: It's very important to me. 2:08:49 wide shot 2:09:17 walk and talk inside of a house being constructed 2:09:26 CB: How long did it take to put this house up after the storm? 2:09:29 BC: This is, they started construction in mid-April. 2:09:32 CB: Mid-April, wow that's fast. 2:09:34 BC: It's very fast, and the local contractors are unbelievably good and if you know anything about quality you can see the quality of the carpentry, the seams meet and if you know anything about construction I'm really pleased with it so far. 2:09:59 CB: And what's the rental season like, does this rent out in the winter too or is it mainly a summer rental? 2:10:04 BC: Well, it, you get most of your income in the summer, there's like a 12 week season. (break in tape) 10:13 I think there's occasional snowbirds come down from the Midwest, there's actually people coming down from Canada who rent on the island. 2:10:22 But I don't think you can count on getting much income in the winter. 2:10:25 CB: So most of your rental business in going to be basically May-September, right? 2:10:30 BC: Yeah mid-August, school starts here like August 10th or 15th. 2:10:36 WS of Chris and Brian in house, CB: Most the homes here are being rebuilt the ones that were destroyed. 2:10:39 BC: I think as people are settling with their insurance carriers they're making the decision themselves whether to rebuild or sell. The people who own this lot, that's a story within itself, they're a couple of doctors out of Slidell, LA well they lost their home and they lost their beach house and they just wanted to get rid of it and be done with it. 2:11:00 CB: Did you start building here after you saw Katrina or had you been thinking about it for a while? 2:11:06 BC: Well when I saw that, I'm an attorney so I get a blog of tax law information.(tape breaks off) 2:11:19 shots of house under construction 2:11:31 WS of house under construction 2:11:42 WS view from house on to the beach, pan across the beach, includes long stairs going up to the house 2:12:04 WS of land with houses, beach and dumpster 2:12:07 pan to large house on stilts 2:12:34 MS of cross beams of stilts under house 2:12:44 pan out show more of under the house 2:12:49 under the house with stilts 2:13:28 WS of guys working on building a house 2:13:54 WS of house under construction with other houses 2:14:23 MS of guys working on roof 2:14:33 ladders and wood beams on sand 2:14:37 pan up to house under construction 2:14:53 WS of house under construction 2:15:21 MS of guys working on roof of house 2:15:32 shirtless man measuring boards 2:15:44 large house that looks either rebuilt or new 2:15:50 pan back to house under construction 2:16:05 WS of houses 2:16:18 WS of pile of sand and debris on beach 2:16:37 boarded up house 2:16:51 WS of pile of sand with people climbing on it and debris

TAPE TWO interview with Brian Chikowsky 2:00:06 shrimper out in the ocean, dark shot 2:00:29 tighter shot on shrimper, birds circling shrimper 2:01:36 CB: Brian, can you tell us about why and when you decided to build a house here. 2:01:40 BC (single shot) Well, we decided to build a house here in January of this year. We had looked in many places along the Gulf Coast, going down from Florida all the way from Louisiana looking for a place to build a home on the beach because we like the Gulf Coast we rented houses in many place, we discovered Dauphin Island about five years ago while we were renting in Fort Morgan which is just across the mouth of Mobile Bay. 2:02:10 CB: What do you like about Dauphin Island? 2:02:12 BC: Well I like the ability to be right on the Gulf of Mexico, right on the beach. We're from California where the best is basically owned, public access the only people that can be on the beach are the movie stars down in Malibu so regular people aren't really able to have a place on the beach. So here we're able to do that and we like the weather, we like the people, it's a nice southern feel people are very polite and helpful, so those are the reasons. 2:02:42 CB: And when you decided to buy this property, obviously Katrina must have been on your mind. 2:02:48 BC: Absolutely, Katrina had wiped out Dauphin Island, I think they lost maybe 300 houses here. 2:02:52 CB: And what about this property? 2:02:55 BC: Well this property had a home on it that was completely missing after Katrina there wasn't a trace of it, it was a vacant lot after the hurricane came. 2:03:04 CB: Did that give you any pause at all to build right where a home had been completely wiped away by Katrina? 2:03:09 BC: Well, what encourages us to build was the plan to construct a berm of sand, basically reconstruct the beach right out from our house here and we knew that that would protect us from the typical storms, it wouldn't protect us from a storm of historical proportions like Katrina, but we're thinking that might not happen again too soon. 2:03:32 CB: So you're gambling? 2:03:33 BC: We're gambling, that's correct, we are. Now we have flood insurance, that's required by FEMA, and the banks, the lenders. So we obtained flood insurance we were required to build the house at a certain height and we complied with those requirements and we did obtain flood insurance. 2:03:51 CB: Would you have considered building this home without flood insurance? 03:55 BC: Possibly, but I don't think so I think without flood insurance we probably wouldn't be building this home. 2:04:01 CB: Just too expensive or too risky. 2:04:02 BC: Too risky you can't recover anything if the house gets wiped out so it's important to have the flood insurance I think. 2:04:08 CB: With flood insurance the federal government will give you up to $250,000? 2:04:12 BC: That's correct. 2:04:14 CB: But you pay a premium for that? 2:04:14 BC: That's correct. 2:04:16 CB: There is an argument that the federal government should not by subsidizing the risk to build in an area that's vulnerable to hurricanes, what's your thoughts on that as a homeowner? 2:04:26 BC: Well I enjoy the benefit of having that flood insurance and all the people here on Dauphin Island do likewise and as well as people all around the United States and I think that's a policy decision that has be to determined by the political people I don't really get into the middle of the argument, but I know that the insurance is available and I take advantage of it. 2:04:48 CB: And for those who say that the tax payers shouldn't be protecting that risk what do you say? 2:04:56 BC: Well I guess talk to your local politician and try to change the law if you don't agree with it. 2:05:02 CB: But as an investor and a builder, the insurance makes it possible for you, or helps. 2:05:09 BC: That's correct, it's a one of the motivational factors in building a home. 2:05:13 CB: There is another federal break here to encourage development called the Go Zone, tell us how that works for the average developer. 2:05:22 BC: I think if you're going to own or occupy your home I don't know if the Go Zone will help you that much, but the federal legislation encourages people to come and do develop and particularly rental housing, I know there's some benefits for commercial development too but I'm not really familiar with those, but I am familiar with the rental housing incentives and there is a significant incentive to construct a rental property in the Go Zone. 2:05:50 CB: You can some kind of a tax break? 2:05:51 BC: That's correct. 2:05:51 CB: Off your federal income taxes? 2:05:53 BC: That's correct, it's a federal tax break. 2:05:55 CB: When you look at the cost of building here on the water compared to building if you could in California what is the differential like? 2:06:03 BC: Well it's about one-third the cost, one-third the cost for the construction of the house. The lot is separate, but just the cost of the house it's about one-third of the cost. I attribute that to the lack of red tape and it's very easy to get a building permit, we obtained a building permit in less than a week and in California we probably we still be arguing over the plans. It may take us a year or two to get a building permit. 2:06:32 CB: You're sitting here on a very vulnerable spit of land in a hurricane season that some hurricane experts are already forecasting to be pretty good, what are your thoughts or concerns about another hurricane coming through here. 2:06:47 BC: Well, I think it's like lightening striking twice in the same place. I don't think we're going to have a hurricane of Katrina's proportion here for a long time. It's possibly, I also think the people are predicting that they're going to go up the east coast this year and not go into the Gulf so we'll see. 2:07:06 CB: But this place has been hit by something like 6 huricanes so the odds eventually, not necessarily Katrina, but if you look at the odds for a hurricane hitting Dauphin Island again. 2:07:18 BC: I think you're right I think the odds are high that another hurricane will come here eventually that's correct. 2:07:23 CB: And what about the construction of your building that will prevent against a storm? 2:07:28 BC: Well the building is about 20 ft. off the surface and we believe and we think FEMA believes, whoever the scientists they consult with believe that will go underneath and pass through. In fact the builder we're using build several houses here that survived the hurricane and we're using the same building technique and the same height off the sand and we believe we can withstand a few hurricanes. And obviously houses like ours withstood Katrina. 2:08:03 CB: You've certainly got a million dollar view. 2:08:05 BC: Yeah, it's very nice isn't it. 2:08:19 CB: What might be your concern if, for whatever reason, this berm plan falls apart? 2:08:25 BC: Well if the berm isn't constructed then I think we're probably more vulnerable to hurricanes of a lesser proportion of Katrina and we could possibly get some damage from those hurricanes. 2:08:38 CB: So it's important to you? 2:08:39 BC: It's very important to me. 2:08:49 wide shot 2:09:17 walk and talk inside of a house being constructed 2:09:26 CB: How long did it take to put this house up after the storm? 2:09:29 BC: This is, they started construction in mid-April. 2:09:32 CB: Mid-April, wow that's fast. 2:09:34 BC: It's very fast, and the local contractors are unbelievably good and if you know anything about quality you can see the quality of the carpentry, the seams meet and if you know anything about construction I'm really pleased with it so far. 2:09:59 CB: And what's the rental season like, does this rent out in the winter too or is it mainly a summer rental? 2:10:04 BC: Well, it, you get most of your income in the summer, there's like a 12 week season. (break in tape) 10:13 I think there's occasional snowbirds come down from the Midwest, there's actually people coming down from Canada who rent on the island. 2:10:22 But I don't think you can count on getting much income in the winter. 2:10:25 CB: So most of your rental business in going to be basically May-September, right? 2:10:30 BC: Yeah mid-August, school starts here like August 10th or 15th. 2:10:36 WS of Chris and Brian in house, CB: Most the homes here are being rebuilt the ones that were destroyed. 2:10:39 BC: I think as people are settling with their insurance carriers they're making the decision themselves whether to rebuild or sell. The people who own this lot, that's a story within itself, they're a couple of doctors out of Slidell, LA well they lost their home and they lost their beach house and they just wanted to get rid of it and be done with it. 2:11:00 CB: Did you start building here after you saw Katrina or had you been thinking about it for a while? 2:11:06 BC: Well when I saw that, I'm an attorney so I get a blog of tax law information.(tape breaks off) 2:11:19 shots of house under construction 2:11:31 WS of house under construction 2:11:42 WS view from house on to the beach, pan across the beach, includes long stairs going up to the house 2:12:04 WS of land with houses, beach and dumpster 2:12:07 pan to large house on stilts 2:12:34 MS of cross beams of stilts under house 2:12:44 pan out show more of under the house 2:12:49 under the house with stilts 2:13:28 WS of guys working on building a house 2:13:54 WS of house under construction with other houses 2:14:23 MS of guys working on roof 2:14:33 ladders and wood beams on sand 2:14:37 pan up to house under construction 2:14:53 WS of house under construction 2:15:21 MS of guys working on roof of house 2:15:32 shirtless man measuring boards 2:15:44 large house that looks either rebuilt or new 2:15:50 pan back to house under construction 2:16:05 WS of houses 2:16:18 WS of pile of sand and debris on beach 2:16:37 boarded up house 2:16:51 WS of pile of sand with people climbing on it and debris

TAPE TWO interview with Brian Chikowsky 2:00:06 shrimper out in the ocean, dark shot 2:00:29 tighter shot on shrimper, birds circling shrimper 2:01:36 CB: Brian, can you tell us about why and when you decided to build a house here. 2:01:40 BC (single shot) Well, we decided to build a house here in January of this year. We had looked in many places along the Gulf Coast, going down from Florida all the way from Louisiana looking for a place to build a home on the beach because we like the Gulf Coast we rented houses in many place, we discovered Dauphin Island about five years ago while we were renting in Fort Morgan which is just across the mouth of Mobile Bay. 2:02:10 CB: What do you like about Dauphin Island? 2:02:12 BC: Well I like the ability to be right on the Gulf of Mexico, right on the beach. We're from California where the best is basically owned, public access the only people that can be on the beach are the movie stars down in Malibu so regular people aren't really able to have a place on the beach. So here we're able to do that and we like the weather, we like the people, it's a nice southern feel people are very polite and helpful, so those are the reasons. 2:02:42 CB: And when you decided to buy this property, obviously Katrina must have been on your mind. 2:02:48 BC: Absolutely, Katrina had wiped out Dauphin Island, I think they lost maybe 300 houses here. 2:02:52 CB: And what about this property? 2:02:55 BC: Well this property had a home on it that was completely missing after Katrina there wasn't a trace of it, it was a vacant lot after the hurricane came. 2:03:04 CB: Did that give you any pause at all to build right where a home had been completely wiped away by Katrina? 2:03:09 BC: Well, what encourages us to build was the plan to construct a berm of sand, basically reconstruct the beach right out from our house here and we knew that that would protect us from the typical storms, it wouldn't protect us from a storm of historical proportions like Katrina, but we're thinking that might not happen again too soon. 2:03:32 CB: So you're gambling? 2:03:33 BC: We're gambling, that's correct, we are. Now we have flood insurance, that's required by FEMA, and the banks, the lenders. So we obtained flood insurance we were required to build the house at a certain height and we complied with those requirements and we did obtain flood insurance. 2:03:51 CB: Would you have considered building this home without flood insurance? 03:55 BC: Possibly, but I don't think so I think without flood insurance we probably wouldn't be building this home. 2:04:01 CB: Just too expensive or too risky. 2:04:02 BC: Too risky you can't recover anything if the house gets wiped out so it's important to have the flood insurance I think. 2:04:08 CB: With flood insurance the federal government will give you up to $250,000? 2:04:12 BC: That's correct. 2:04:14 CB: But you pay a premium for that? 2:04:14 BC: That's correct. 2:04:16 CB: There is an argument that the federal government should not by subsidizing the risk to build in an area that's vulnerable to hurricanes, what's your thoughts on that as a homeowner? 2:04:26 BC: Well I enjoy the benefit of having that flood insurance and all the people here on Dauphin Island do likewise and as well as people all around the United States and I think that's a policy decision that has be to determined by the political people I don't really get into the middle of the argument, but I know that the insurance is available and I take advantage of it. 2:04:48 CB: And for those who say that the tax payers shouldn't be protecting that risk what do you say? 2:04:56 BC: Well I guess talk to your local politician and try to change the law if you don't agree with it. 2:05:02 CB: But as an investor and a builder, the insurance makes it possible for you, or helps. 2:05:09 BC: That's correct, it's a one of the motivational factors in building a home. 2:05:13 CB: There is another federal break here to encourage development called the Go Zone, tell us how that works for the average developer. 2:05:22 BC: I think if you're going to own or occupy your home I don't know if the Go Zone will help you that much, but the federal legislation encourages people to come and do develop and particularly rental housing, I know there's some benefits for commercial development too but I'm not really familiar with those, but I am familiar with the rental housing incentives and there is a significant incentive to construct a rental property in the Go Zone. 2:05:50 CB: You can some kind of a tax break? 2:05:51 BC: That's correct. 2:05:51 CB: Off your federal income taxes? 2:05:53 BC: That's correct, it's a federal tax break. 2:05:55 CB: When you look at the cost of building here on the water compared to building if you could in California what is the differential like? 2:06:03 BC: Well it's about one-third the cost, one-third the cost for the construction of the house. The lot is separate, but just the cost of the house it's about one-third of the cost. I attribute that to the lack of red tape and it's very easy to get a building permit, we obtained a building permit in less than a week and in California we probably we still be arguing over the plans. It may take us a year or two to get a building permit. 2:06:32 CB: You're sitting here on a very vulnerable spit of land in a hurricane season that some hurricane experts are already forecasting to be pretty good, what are your thoughts or concerns about another hurricane coming through here. 2:06:47 BC: Well, I think it's like lightening striking twice in the same place. I don't think we're going to have a hurricane of Katrina's proportion here for a long time. It's possibly, I also think the people are predicting that they're going to go up the east coast this year and not go into the Gulf so we'll see. 2:07:06 CB: But this place has been hit by something like 6 huricanes so the odds eventually, not necessarily Katrina, but if you look at the odds for a hurricane hitting Dauphin Island again. 2:07:18 BC: I think you're right I think the odds are high that another hurricane will come here eventually that's correct. 2:07:23 CB: And what about the construction of your building that will prevent against a storm? 2:07:28 BC: Well the building is about 20 ft. off the surface and we believe and we think FEMA believes, whoever the scientists they consult with believe that will go underneath and pass through. In fact the builder we're using build several houses here that survived the hurricane and we're using the same building technique and the same height off the sand and we believe we can withstand a few hurricanes. And obviously houses like ours withstood Katrina. 2:08:03 CB: You've certainly got a million dollar view. 2:08:05 BC: Yeah, it's very nice isn't it. 2:08:19 CB: What might be your concern if, for whatever reason, this berm plan falls apart? 2:08:25 BC: Well if the berm isn't constructed then I think we're probably more vulnerable to hurricanes of a lesser proportion of Katrina and we could possibly get some damage from those hurricanes. 2:08:38 CB: So it's important to you? 2:08:39 BC: It's very important to me. 2:08:49 wide shot 2:09:17 walk and talk inside of a house being constructed 2:09:26 CB: How long did it take to put this house up after the storm? 2:09:29 BC: This is, they started construction in mid-April. 2:09:32 CB: Mid-April, wow that's fast. 2:09:34 BC: It's very fast, and the local contractors are unbelievably good and if you know anything about quality you can see the quality of the carpentry, the seams meet and if you know anything about construction I'm really pleased with it so far. 2:09:59 CB: And what's the rental season like, does this rent out in the winter too or is it mainly a summer rental? 2:10:04 BC: Well, it, you get most of your income in the summer, there's like a 12 week season. (break in tape) 10:13 I think there's occasional snowbirds come down from the Midwest, there's actually people coming down from Canada who rent on the island. 2:10:22 But I don't think you can count on getting much income in the winter. 2:10:25 CB: So most of your rental business in going to be basically May-September, right? 2:10:30 BC: Yeah mid-August, school starts here like August 10th or 15th. 2:10:36 WS of Chris and Brian in house, CB: Most the homes here are being rebuilt the ones that were destroyed. 2:10:39 BC: I think as people are settling with their insurance carriers they're making the decision themselves whether to rebuild or sell. The people who own this lot, that's a story within itself, they're a couple of doctors out of Slidell, LA well they lost their home and they lost their beach house and they just wanted to get rid of it and be done with it. 2:11:00 CB: Did you start building here after you saw Katrina or had you been thinking about it for a while? 2:11:06 BC: Well when I saw that, I'm an attorney so I get a blog of tax law information.(tape breaks off) 2:11:19 shots of house under construction 2:11:31 WS of house under construction 2:11:42 WS view from house on to the beach, pan across the beach, includes long stairs going up to the house 2:12:04 WS of land with houses, beach and dumpster 2:12:07 pan to large house on stilts 2:12:34 MS of cross beams of stilts under house 2:12:44 pan out show more of under the house 2:12:49 under the house with stilts 2:13:28 WS of guys working on building a house 2:13:54 WS of house under construction with other houses 2:14:23 MS of guys working on roof 2:14:33 ladders and wood beams on sand 2:14:37 pan up to house under construction 2:14:53 WS of house under construction 2:15:21 MS of guys working on roof of house 2:15:32 shirtless man measuring boards 2:15:44 large house that looks either rebuilt or new 2:15:50 pan back to house under construction 2:16:05 WS of houses 2:16:18 WS of pile of sand and debris on beach 2:16:37 boarded up house 2:16:51 WS of pile of sand with people climbing on it and debris

TAPE TWO interview with Brian Chikowsky 2:00:06 shrimper out in the ocean, dark shot 2:00:29 tighter shot on shrimper, birds circling shrimper 2:01:36 CB: Brian, can you tell us about why and when you decided to build a house here. 2:01:40 BC (single shot) Well, we decided to build a house here in January of this year. We had looked in many places along the Gulf Coast, going down from Florida all the way from Louisiana looking for a place to build a home on the beach because we like the Gulf Coast we rented houses in many place, we discovered Dauphin Island about five years ago while we were renting in Fort Morgan which is just across the mouth of Mobile Bay. 2:02:10 CB: What do you like about Dauphin Island? 2:02:12 BC: Well I like the ability to be right on the Gulf of Mexico, right on the beach. We're from California where the best is basically owned, public access the only people that can be on the beach are the movie stars down in Malibu so regular people aren't really able to have a place on the beach. So here we're able to do that and we like the weather, we like the people, it's a nice southern feel people are very polite and helpful, so those are the reasons. 2:02:42 CB: And when you decided to buy this property, obviously Katrina must have been on your mind. 2:02:48 BC: Absolutely, Katrina had wiped out Dauphin Island, I think they lost maybe 300 houses here. 2:02:52 CB: And what about this property? 2:02:55 BC: Well this property had a home on it that was completely missing after Katrina there wasn't a trace of it, it was a vacant lot after the hurricane came. 2:03:04 CB: Did that give you any pause at all to build right where a home had been completely wiped away by Katrina? 2:03:09 BC: Well, what encourages us to build was the plan to construct a berm of sand, basically reconstruct the beach right out from our house here and we knew that that would protect us from the typical storms, it wouldn't protect us from a storm of historical proportions like Katrina, but we're thinking that might not happen again too soon. 2:03:32 CB: So you're gambling? 2:03:33 BC: We're gambling, that's correct, we are. Now we have flood insurance, that's required by FEMA, and the banks, the lenders. So we obtained flood insurance we were required to build the house at a certain height and we complied with those requirements and we did obtain flood insurance. 2:03:51 CB: Would you have considered building this home without flood insurance? 03:55 BC: Possibly, but I don't think so I think without flood insurance we probably wouldn't be building this home. 2:04:01 CB: Just too expensive or too risky. 2:04:02 BC: Too risky you can't recover anything if the house gets wiped out so it's important to have the flood insurance I think. 2:04:08 CB: With flood insurance the federal government will give you up to $250,000? 2:04:12 BC: That's correct. 2:04:14 CB: But you pay a premium for that? 2:04:14 BC: That's correct. 2:04:16 CB: There is an argument that the federal government should not by subsidizing the risk to build in an area that's vulnerable to hurricanes, what's your thoughts on that as a homeowner? 2:04:26 BC: Well I enjoy the benefit of having that flood insurance and all the people here on Dauphin Island do likewise and as well as people all around the United States and I think that's a policy decision that has be to determined by the political people I don't really get into the middle of the argument, but I know that the insurance is available and I take advantage of it. 2:04:48 CB: And for those who say that the tax payers shouldn't be protecting that risk what do you say? 2:04:56 BC: Well I guess talk to your local politician and try to change the law if you don't agree with it. 2:05:02 CB: But as an investor and a builder, the insurance makes it possible for you, or helps. 2:05:09 BC: That's correct, it's a one of the motivational factors in building a home. 2:05:13 CB: There is another federal break here to encourage development called the Go Zone, tell us how that works for the average developer. 2:05:22 BC: I think if you're going to own or occupy your home I don't know if the Go Zone will help you that much, but the federal legislation encourages people to come and do develop and particularly rental housing, I know there's some benefits for commercial development too but I'm not really familiar with those, but I am familiar with the rental housing incentives and there is a significant incentive to construct a rental property in the Go Zone. 2:05:50 CB: You can some kind of a tax break? 2:05:51 BC: That's correct. 2:05:51 CB: Off your federal income taxes? 2:05:53 BC: That's correct, it's a federal tax break. 2:05:55 CB: When you look at the cost of building here on the water compared to building if you could in California what is the differential like? 2:06:03 BC: Well it's about one-third the cost, one-third the cost for the construction of the house. The lot is separate, but just the cost of the house it's about one-third of the cost. I attribute that to the lack of red tape and it's very easy to get a building permit, we obtained a building permit in less than a week and in California we probably we still be arguing over the plans. It may take us a year or two to get a building permit. 2:06:32 CB: You're sitting here on a very vulnerable spit of land in a hurricane season that some hurricane experts are already forecasting to be pretty good, what are your thoughts or concerns about another hurricane coming through here. 2:06:47 BC: Well, I think it's like lightening striking twice in the same place. I don't think we're going to have a hurricane of Katrina's proportion here for a long time. It's possibly, I also think the people are predicting that they're going to go up the east coast this year and not go into the Gulf so we'll see. 2:07:06 CB: But this place has been hit by something like 6 huricanes so the odds eventually, not necessarily Katrina, but if you look at the odds for a hurricane hitting Dauphin Island again. 2:07:18 BC: I think you're right I think the odds are high that another hurricane will come here eventually that's correct. 2:07:23 CB: And what about the construction of your building that will prevent against a storm? 2:07:28 BC: Well the building is about 20 ft. off the surface and we believe and we think FEMA believes, whoever the scientists they consult with believe that will go underneath and pass through. In fact the builder we're using build several houses here that survived the hurricane and we're using the same building technique and the same height off the sand and we believe we can withstand a few hurricanes. And obviously houses like ours withstood Katrina. 2:08:03 CB: You've certainly got a million dollar view. 2:08:05 BC: Yeah, it's very nice isn't it. 2:08:19 CB: What might be your concern if, for whatever reason, this berm plan falls apart? 2:08:25 BC: Well if the berm isn't constructed then I think we're probably more vulnerable to hurricanes of a lesser proportion of Katrina and we could possibly get some damage from those hurricanes. 2:08:38 CB: So it's important to you? 2:08:39 BC: It's very important to me. 2:08:49 wide shot 2:09:17 walk and talk inside of a house being constructed 2:09:26 CB: How long did it take to put this house up after the storm? 2:09:29 BC: This is, they started construction in mid-April. 2:09:32 CB: Mid-April, wow that's fast. 2:09:34 BC: It's very fast, and the local contractors are unbelievably good and if you know anything about quality you can see the quality of the carpentry, the seams meet and if you know anything about construction I'm really pleased with it so far. 2:09:59 CB: And what's the rental season like, does this rent out in the winter too or is it mainly a summer rental? 2:10:04 BC: Well, it, you get most of your income in the summer, there's like a 12 week season. (break in tape) 10:13 I think there's occasional snowbirds come down from the Midwest, there's actually people coming down from Canada who rent on the island. 2:10:22 But I don't think you can count on getting much income in the winter. 2:10:25 CB: So most of your rental business in going to be basically May-September, right? 2:10:30 BC: Yeah mid-August, school starts here like August 10th or 15th. 2:10:36 WS of Chris and Brian in house, CB: Most the homes here are being rebuilt the ones that were destroyed. 2:10:39 BC: I think as people are settling with their insurance carriers they're making the decision themselves whether to rebuild or sell. The people who own this lot, that's a story within itself, they're a couple of doctors out of Slidell, LA well they lost their home and they lost their beach house and they just wanted to get rid of it and be done with it. 2:11:00 CB: Did you start building here after you saw Katrina or had you been thinking about it for a while? 2:11:06 BC: Well when I saw that, I'm an attorney so I get a blog of tax law information.(tape breaks off) 2:11:19 shots of house under construction 2:11:31 WS of house under construction 2:11:42 WS view from house on to the beach, pan across the beach, includes long stairs going up to the house 2:12:04 WS of land with houses, beach and dumpster 2:12:07 pan to large house on stilts 2:12:34 MS of cross beams of stilts under house 2:12:44 pan out show more of under the house 2:12:49 under the house with stilts 2:13:28 WS of guys working on building a house 2:13:54 WS of house under construction with other houses 2:14:23 MS of guys working on roof 2:14:33 ladders and wood beams on sand 2:14:37 pan up to house under construction 2:14:53 WS of house under construction 2:15:21 MS of guys working on roof of house 2:15:32 shirtless man measuring boards 2:15:44 large house that looks either rebuilt or new 2:15:50 pan back to house under construction 2:16:05 WS of houses 2:16:18 WS of pile of sand and debris on beach 2:16:37 boarded up house 2:16:51 WS of pile of sand with people climbing on it and debris

TAPE TWO interview with Brian Chikowsky 2:00:06 shrimper out in the ocean, dark shot 2:00:29 tighter shot on shrimper, birds circling shrimper 2:01:36 CB: Brian, can you tell us about why and when you decided to build a house here. 2:01:40 BC (single shot) Well, we decided to build a house here in January of this year. We had looked in many places along the Gulf Coast, going down from Florida all the way from Louisiana looking for a place to build a home on the beach because we like the Gulf Coast we rented houses in many place, we discovered Dauphin Island about five years ago while we were renting in Fort Morgan which is just across the mouth of Mobile Bay. 2:02:10 CB: What do you like about Dauphin Island? 2:02:12 BC: Well I like the ability to be right on the Gulf of Mexico, right on the beach. We're from California where the best is basically owned, public access the only people that can be on the beach are the movie stars down in Malibu so regular people aren't really able to have a place on the beach. So here we're able to do that and we like the weather, we like the people, it's a nice southern feel people are very polite and helpful, so those are the reasons. 2:02:42 CB: And when you decided to buy this property, obviously Katrina must have been on your mind. 2:02:48 BC: Absolutely, Katrina had wiped out Dauphin Island, I think they lost maybe 300 houses here. 2:02:52 CB: And what about this property? 2:02:55 BC: Well this property had a home on it that was completely missing after Katrina there wasn't a trace of it, it was a vacant lot after the hurricane came. 2:03:04 CB: Did that give you any pause at all to build right where a home had been completely wiped away by Katrina? 2:03:09 BC: Well, what encourages us to build was the plan to construct a berm of sand, basically reconstruct the beach right out from our house here and we knew that that would protect us from the typical storms, it wouldn't protect us from a storm of historical proportions like Katrina, but we're thinking that might not happen again too soon. 2:03:32 CB: So you're gambling? 2:03:33 BC: We're gambling, that's correct, we are. Now we have flood insurance, that's required by FEMA, and the banks, the lenders. So we obtained flood insurance we were required to build the house at a certain height and we complied with those requirements and we did obtain flood insurance. 2:03:51 CB: Would you have considered building this home without flood insurance? 03:55 BC: Possibly, but I don't think so I think without flood insurance we probably wouldn't be building this home. 2:04:01 CB: Just too expensive or too risky. 2:04:02 BC: Too risky you can't recover anything if the house gets wiped out so it's important to have the flood insurance I think. 2:04:08 CB: With flood insurance the federal government will give you up to $250,000? 2:04:12 BC: That's correct. 2:04:14 CB: But you pay a premium for that? 2:04:14 BC: That's correct. 2:04:16 CB: There is an argument that the federal government should not by subsidizing the risk to build in an area that's vulnerable to hurricanes, what's your thoughts on that as a homeowner? 2:04:26 BC: Well I enjoy the benefit of having that flood insurance and all the people here on Dauphin Island do likewise and as well as people all around the United States and I think that's a policy decision that has be to determined by the political people I don't really get into the middle of the argument, but I know that the insurance is available and I take advantage of it. 2:04:48 CB: And for those who say that the tax payers shouldn't be protecting that risk what do you say? 2:04:56 BC: Well I guess talk to your local politician and try to change the law if you don't agree with it. 2:05:02 CB: But as an investor and a builder, the insurance makes it possible for you, or helps. 2:05:09 BC: That's correct, it's a one of the motivational factors in building a home. 2:05:13 CB: There is another federal break here to encourage development called the Go Zone, tell us how that works for the average developer. 2:05:22 BC: I think if you're going to own or occupy your home I don't know if the Go Zone will help you that much, but the federal legislation encourages people to come and do develop and particularly rental housing, I know there's some benefits for commercial development too but I'm not really familiar with those, but I am familiar with the rental housing incentives and there is a significant incentive to construct a rental property in the Go Zone. 2:05:50 CB: You can some kind of a tax break? 2:05:51 BC: That's correct. 2:05:51 CB: Off your federal income taxes? 2:05:53 BC: That's correct, it's a federal tax break. 2:05:55 CB: When you look at the cost of building here on the water compared to building if you could in California what is the differential like? 2:06:03 BC: Well it's about one-third the cost, one-third the cost for the construction of the house. The lot is separate, but just the cost of the house it's about one-third of the cost. I attribute that to the lack of red tape and it's very easy to get a building permit, we obtained a building permit in less than a week and in California we probably we still be arguing over the plans. It may take us a year or two to get a building permit. 2:06:32 CB: You're sitting here on a very vulnerable spit of land in a hurricane season that some hurricane experts are already forecasting to be pretty good, what are your thoughts or concerns about another hurricane coming through here. 2:06:47 BC: Well, I think it's like lightening striking twice in the same place. I don't think we're going to have a hurricane of Katrina's proportion here for a long time. It's possibly, I also think the people are predicting that they're going to go up the east coast this year and not go into the Gulf so we'll see. 2:07:06 CB: But this place has been hit by something like 6 huricanes so the odds eventually, not necessarily Katrina, but if you look at the odds for a hurricane hitting Dauphin Island again. 2:07:18 BC: I think you're right I think the odds are high that another hurricane will come here eventually that's correct. 2:07:23 CB: And what about the construction of your building that will prevent against a storm? 2:07:28 BC: Well the building is about 20 ft. off the surface and we believe and we think FEMA believes, whoever the scientists they consult with believe that will go underneath and pass through. In fact the builder we're using build several houses here that survived the hurricane and we're using the same building technique and the same height off the sand and we believe we can withstand a few hurricanes. And obviously houses like ours withstood Katrina. 2:08:03 CB: You've certainly got a million dollar view. 2:08:05 BC: Yeah, it's very nice isn't it. 2:08:19 CB: What might be your concern if, for whatever reason, this berm plan falls apart? 2:08:25 BC: Well if the berm isn't constructed then I think we're probably more vulnerable to hurricanes of a lesser proportion of Katrina and we could possibly get some damage from those hurricanes. 2:08:38 CB: So it's important to you? 2:08:39 BC: It's very important to me. 2:08:49 wide shot 2:09:17 walk and talk inside of a house being constructed 2:09:26 CB: How long did it take to put this house up after the storm? 2:09:29 BC: This is, they started construction in mid-April. 2:09:32 CB: Mid-April, wow that's fast. 2:09:34 BC: It's very fast, and the local contractors are unbelievably good and if you know anything about quality you can see the quality of the carpentry, the seams meet and if you know anything about construction I'm really pleased with it so far. 2:09:59 CB: And what's the rental season like, does this rent out in the winter too or is it mainly a summer rental? 2:10:04 BC: Well, it, you get most of your income in the summer, there's like a 12 week season. (break in tape) 10:13 I think there's occasional snowbirds come down from the Midwest, there's actually people coming down from Canada who rent on the island. 2:10:22 But I don't think you can count on getting much income in the winter. 2:10:25 CB: So most of your rental business in going to be basically May-September, right? 2:10:30 BC: Yeah mid-August, school starts here like August 10th or 15th. 2:10:36 WS of Chris and Brian in house, CB: Most the homes here are being rebuilt the ones that were destroyed. 2:10:39 BC: I think as people are settling with their insurance carriers they're making the decision themselves whether to rebuild or sell. The people who own this lot, that's a story within itself, they're a couple of doctors out of Slidell, LA well they lost their home and they lost their beach house and they just wanted to get rid of it and be done with it. 2:11:00 CB: Did you start building here after you saw Katrina or had you been thinking about it for a while? 2:11:06 BC: Well when I saw that, I'm an attorney so I get a blog of tax law information.(tape breaks off) 2:11:19 shots of house under construction 2:11:31 WS of house under construction 2:11:42 WS view from house on to the beach, pan across the beach, includes long stairs going up to the house 2:12:04 WS of land with houses, beach and dumpster 2:12:07 pan to large house on stilts 2:12:34 MS of cross beams of stilts under house 2:12:44 pan out show more of under the house 2:12:49 under the house with stilts 2:13:28 WS of guys working on building a house 2:13:54 WS of house under construction with other houses 2:14:23 MS of guys working on roof 2:14:33 ladders and wood beams on sand 2:14:37 pan up to house under construction 2:14:53 WS of house under construction 2:15:21 MS of guys working on roof of house 2:15:32 shirtless man measuring boards 2:15:44 large house that looks either rebuilt or new 2:15:50 pan back to house under construction 2:16:05 WS of houses 2:16:18 WS of pile of sand and debris on beach 2:16:37 boarded up house 2:16:51 WS of pile of sand with people climbing on it and debris

TAPE TWO interview with Brian Chikowsky 2:00:06 shrimper out in the ocean, dark shot 2:00:29 tighter shot on shrimper, birds circling shrimper 2:01:36 CB: Brian, can you tell us about why and when you decided to build a house here. 2:01:40 BC (single shot) Well, we decided to build a house here in January of this year. We had looked in many places along the Gulf Coast, going down from Florida all the way from Louisiana looking for a place to build a home on the beach because we like the Gulf Coast we rented houses in many place, we discovered Dauphin Island about five years ago while we were renting in Fort Morgan which is just across the mouth of Mobile Bay. 2:02:10 CB: What do you like about Dauphin Island? 2:02:12 BC: Well I like the ability to be right on the Gulf of Mexico, right on the beach. We're from California where the best is basically owned, public access the only people that can be on the beach are the movie stars down in Malibu so regular people aren't really able to have a place on the beach. So here we're able to do that and we like the weather, we like the people, it's a nice southern feel people are very polite and helpful, so those are the reasons. 2:02:42 CB: And when you decided to buy this property, obviously Katrina must have been on your mind. 2:02:48 BC: Absolutely, Katrina had wiped out Dauphin Island, I think they lost maybe 300 houses here. 2:02:52 CB: And what about this property? 2:02:55 BC: Well this property had a home on it that was completely missing after Katrina there wasn't a trace of it, it was a vacant lot after the hurricane came. 2:03:04 CB: Did that give you any pause at all to build right where a home had been completely wiped away by Katrina? 2:03:09 BC: Well, what encourages us to build was the plan to construct a berm of sand, basically reconstruct the beach right out from our house here and we knew that that would protect us from the typical storms, it wouldn't protect us from a storm of historical proportions like Katrina, but we're thinking that might not happen again too soon. 2:03:32 CB: So you're gambling? 2:03:33 BC: We're gambling, that's correct, we are. Now we have flood insurance, that's required by FEMA, and the banks, the lenders. So we obtained flood insurance we were required to build the house at a certain height and we complied with those requirements and we did obtain flood insurance. 2:03:51 CB: Would you have considered building this home without flood insurance? 03:55 BC: Possibly, but I don't think so I think without flood insurance we probably wouldn't be building this home. 2:04:01 CB: Just too expensive or too risky. 2:04:02 BC: Too risky you can't recover anything if the house gets wiped out so it's important to have the flood insurance I think. 2:04:08 CB: With flood insurance the federal government will give you up to $250,000? 2:04:12 BC: That's correct. 2:04:14 CB: But you pay a premium for that? 2:04:14 BC: That's correct. 2:04:16 CB: There is an argument that the federal government should not by subsidizing the risk to build in an area that's vulnerable to hurricanes, what's your thoughts on that as a homeowner? 2:04:26 BC: Well I enjoy the benefit of having that flood insurance and all the people here on Dauphin Island do likewise and as well as people all around the United States and I think that's a policy decision that has be to determined by the political people I don't really get into the middle of the argument, but I know that the insurance is available and I take advantage of it. 2:04:48 CB: And for those who say that the tax payers shouldn't be protecting that risk what do you say? 2:04:56 BC: Well I guess talk to your local politician and try to change the law if you don't agree with it. 2:05:02 CB: But as an investor and a builder, the insurance makes it possible for you, or helps. 2:05:09 BC: That's correct, it's a one of the motivational factors in building a home. 2:05:13 CB: There is another federal break here to encourage development called the Go Zone, tell us how that works for the average developer. 2:05:22 BC: I think if you're going to own or occupy your home I don't know if the Go Zone will help you that much, but the federal legislation encourages people to come and do develop and particularly rental housing, I know there's some benefits for commercial development too but I'm not really familiar with those, but I am familiar with the rental housing incentives and there is a significant incentive to construct a rental property in the Go Zone. 2:05:50 CB: You can some kind of a tax break? 2:05:51 BC: That's correct. 2:05:51 CB: Off your federal income taxes? 2:05:53 BC: That's correct, it's a federal tax break. 2:05:55 CB: When you look at the cost of building here on the water compared to building if you could in California what is the differential like? 2:06:03 BC: Well it's about one-third the cost, one-third the cost for the construction of the house. The lot is separate, but just the cost of the house it's about one-third of the cost. I attribute that to the lack of red tape and it's very easy to get a building permit, we obtained a building permit in less than a week and in California we probably we still be arguing over the plans. It may take us a year or two to get a building permit. 2:06:32 CB: You're sitting here on a very vulnerable spit of land in a hurricane season that some hurricane experts are already forecasting to be pretty good, what are your thoughts or concerns about another hurricane coming through here. 2:06:47 BC: Well, I think it's like lightening striking twice in the same place. I don't think we're going to have a hurricane of Katrina's proportion here for a long time. It's possibly, I also think the people are predicting that they're going to go up the east coast this year and not go into the Gulf so we'll see. 2:07:06 CB: But this place has been hit by something like 6 huricanes so the odds eventually, not necessarily Katrina, but if you look at the odds for a hurricane hitting Dauphin Island again. 2:07:18 BC: I think you're right I think the odds are high that another hurricane will come here eventually that's correct. 2:07:23 CB: And what about the construction of your building that will prevent against a storm? 2:07:28 BC: Well the building is about 20 ft. off the surface and we believe and we think FEMA believes, whoever the scientists they consult with believe that will go underneath and pass through. In fact the builder we're using build several houses here that survived the hurricane and we're using the same building technique and the same height off the sand and we believe we can withstand a few hurricanes. And obviously houses like ours withstood Katrina. 2:08:03 CB: You've certainly got a million dollar view. 2:08:05 BC: Yeah, it's very nice isn't it. 2:08:19 CB: What might be your concern if, for whatever reason, this berm plan falls apart? 2:08:25 BC: Well if the berm isn't constructed then I think we're probably more vulnerable to hurricanes of a lesser proportion of Katrina and we could possibly get some damage from those hurricanes. 2:08:38 CB: So it's important to you? 2:08:39 BC: It's very important to me. 2:08:49 wide shot 2:09:17 walk and talk inside of a house being constructed 2:09:26 CB: How long did it take to put this house up after the storm? 2:09:29 BC: This is, they started construction in mid-April. 2:09:32 CB: Mid-April, wow that's fast. 2:09:34 BC: It's very fast, and the local contractors are unbelievably good and if you know anything about quality you can see the quality of the carpentry, the seams meet and if you know anything about construction I'm really pleased with it so far. 2:09:59 CB: And what's the rental season like, does this rent out in the winter too or is it mainly a summer rental? 2:10:04 BC: Well, it, you get most of your income in the summer, there's like a 12 week season. (break in tape) 10:13 I think there's occasional snowbirds come down from the Midwest, there's actually people coming down from Canada who rent on the island. 2:10:22 But I don't think you can count on getting much income in the winter. 2:10:25 CB: So most of your rental business in going to be basically May-September, right? 2:10:30 BC: Yeah mid-August, school starts here like August 10th or 15th. 2:10:36 WS of Chris and Brian in house, CB: Most the homes here are being rebuilt the ones that were destroyed. 2:10:39 BC: I think as people are settling with their insurance carriers they're making the decision themselves whether to rebuild or sell. The people who own this lot, that's a story within itself, they're a couple of doctors out of Slidell, LA well they lost their home and they lost their beach house and they just wanted to get rid of it and be done with it. 2:11:00 CB: Did you start building here after you saw Katrina or had you been thinking about it for a while? 2:11:06 BC: Well when I saw that, I'm an attorney so I get a blog of tax law information.(tape breaks off) 2:11:19 shots of house under construction 2:11:31 WS of house under construction 2:11:42 WS view from house on to the beach, pan across the beach, includes long stairs going up to the house 2:12:04 WS of land with houses, beach and dumpster 2:12:07 pan to large house on stilts 2:12:34 MS of cross beams of stilts under house 2:12:44 pan out show more of under the house 2:12:49 under the house with stilts 2:13:28 WS of guys working on building a house 2:13:54 WS of house under construction with other houses 2:14:23 MS of guys working on roof 2:14:33 ladders and wood beams on sand 2:14:37 pan up to house under construction 2:14:53 WS of house under construction 2:15:21 MS of guys working on roof of house 2:15:32 shirtless man measuring boards 2:15:44 large house that looks either rebuilt or new 2:15:50 pan back to house under construction 2:16:05 WS of houses 2:16:18 WS of pile of sand and debris on beach 2:16:37 boarded up house 2:16:51 WS of pile of sand with people climbing on it and debris

TAPE TWO interview with Brian Chikowsky 2:00:06 shrimper out in the ocean, dark shot 2:00:29 tighter shot on shrimper, birds circling shrimper 2:01:36 CB: Brian, can you tell us about why and when you decided to build a house here. 2:01:40 BC (single shot) Well, we decided to build a house here in January of this year. We had looked in many places along the Gulf Coast, going down from Florida all the way from Louisiana looking for a place to build a home on the beach because we like the Gulf Coast we rented houses in many place, we discovered Dauphin Island about five years ago while we were renting in Fort Morgan which is just across the mouth of Mobile Bay. 2:02:10 CB: What do you like about Dauphin Island? 2:02:12 BC: Well I like the ability to be right on the Gulf of Mexico, right on the beach. We're from California where the best is basically owned, public access the only people that can be on the beach are the movie stars down in Malibu so regular people aren't really able to have a place on the beach. So here we're able to do that and we like the weather, we like the people, it's a nice southern feel people are very polite and helpful, so those are the reasons. 2:02:42 CB: And when you decided to buy this property, obviously Katrina must have been on your mind. 2:02:48 BC: Absolutely, Katrina had wiped out Dauphin Island, I think they lost maybe 300 houses here. 2:02:52 CB: And what about this property? 2:02:55 BC: Well this property had a home on it that was completely missing after Katrina there wasn't a trace of it, it was a vacant lot after the hurricane came. 2:03:04 CB: Did that give you any pause at all to build right where a home had been completely wiped away by Katrina? 2:03:09 BC: Well, what encourages us to build was the plan to construct a berm of sand, basically reconstruct the beach right out from our house here and we knew that that would protect us from the typical storms, it wouldn't protect us from a storm of historical proportions like Katrina, but we're thinking that might not happen again too soon. 2:03:32 CB: So you're gambling? 2:03:33 BC: We're gambling, that's correct, we are. Now we have flood insurance, that's required by FEMA, and the banks, the lenders. So we obtained flood insurance we were required to build the house at a certain height and we complied with those requirements and we did obtain flood insurance. 2:03:51 CB: Would you have considered building this home without flood insurance? 03:55 BC: Possibly, but I don't think so I think without flood insurance we probably wouldn't be building this home. 2:04:01 CB: Just too expensive or too risky. 2:04:02 BC: Too risky you can't recover anything if the house gets wiped out so it's important to have the flood insurance I think. 2:04:08 CB: With flood insurance the federal government will give you up to $250,000? 2:04:12 BC: That's correct. 2:04:14 CB: But you pay a premium for that? 2:04:14 BC: That's correct. 2:04:16 CB: There is an argument that the federal government should not by subsidizing the risk to build in an area that's vulnerable to hurricanes, what's your thoughts on that as a homeowner? 2:04:26 BC: Well I enjoy the benefit of having that flood insurance and all the people here on Dauphin Island do likewise and as well as people all around the United States and I think that's a policy decision that has be to determined by the political people I don't really get into the middle of the argument, but I know that the insurance is available and I take advantage of it. 2:04:48 CB: And for those who say that the tax payers shouldn't be protecting that risk what do you say? 2:04:56 BC: Well I guess talk to your local politician and try to change the law if you don't agree with it. 2:05:02 CB: But as an investor and a builder, the insurance makes it possible for you, or helps. 2:05:09 BC: That's correct, it's a one of the motivational factors in building a home. 2:05:13 CB: There is another federal break here to encourage development called the Go Zone, tell us how that works for the average developer. 2:05:22 BC: I think if you're going to own or occupy your home I don't know if the Go Zone will help you that much, but the federal legislation encourages people to come and do develop and particularly rental housing, I know there's some benefits for commercial development too but I'm not really familiar with those, but I am familiar with the rental housing incentives and there is a significant incentive to construct a rental property in the Go Zone. 2:05:50 CB: You can some kind of a tax break? 2:05:51 BC: That's correct. 2:05:51 CB: Off your federal income taxes? 2:05:53 BC: That's correct, it's a federal tax break. 2:05:55 CB: When you look at the cost of building here on the water compared to building if you could in California what is the differential like? 2:06:03 BC: Well it's about one-third the cost, one-third the cost for the construction of the house. The lot is separate, but just the cost of the house it's about one-third of the cost. I attribute that to the lack of red tape and it's very easy to get a building permit, we obtained a building permit in less than a week and in California we probably we still be arguing over the plans. It may take us a year or two to get a building permit. 2:06:32 CB: You're sitting here on a very vulnerable spit of land in a hurricane season that some hurricane experts are already forecasting to be pretty good, what are your thoughts or concerns about another hurricane coming through here. 2:06:47 BC: Well, I think it's like lightening striking twice in the same place. I don't think we're going to have a hurricane of Katrina's proportion here for a long time. It's possibly, I also think the people are predicting that they're going to go up the east coast this year and not go into the Gulf so we'll see. 2:07:06 CB: But this place has been hit by something like 6 huricanes so the odds eventually, not necessarily Katrina, but if you look at the odds for a hurricane hitting Dauphin Island again. 2:07:18 BC: I think you're right I think the odds are high that another hurricane will come here eventually that's correct. 2:07:23 CB: And what about the construction of your building that will prevent against a storm? 2:07:28 BC: Well the building is about 20 ft. off the surface and we believe and we think FEMA believes, whoever the scientists they consult with believe that will go underneath and pass through. In fact the builder we're using build several houses here that survived the hurricane and we're using the same building technique and the same height off the sand and we believe we can withstand a few hurricanes. And obviously houses like ours withstood Katrina. 2:08:03 CB: You've certainly got a million dollar view. 2:08:05 BC: Yeah, it's very nice isn't it. 2:08:19 CB: What might be your concern if, for whatever reason, this berm plan falls apart? 2:08:25 BC: Well if the berm isn't constructed then I think we're probably more vulnerable to hurricanes of a lesser proportion of Katrina and we could possibly get some damage from those hurricanes. 2:08:38 CB: So it's important to you? 2:08:39 BC: It's very important to me. 2:08:49 wide shot 2:09:17 walk and talk inside of a house being constructed 2:09:26 CB: How long did it take to put this house up after the storm? 2:09:29 BC: This is, they started construction in mid-April. 2:09:32 CB: Mid-April, wow that's fast. 2:09:34 BC: It's very fast, and the local contractors are unbelievably good and if you know anything about quality you can see the quality of the carpentry, the seams meet and if you know anything about construction I'm really pleased with it so far. 2:09:59 CB: And what's the rental season like, does this rent out in the winter too or is it mainly a summer rental? 2:10:04 BC: Well, it, you get most of your income in the summer, there's like a 12 week season. (break in tape) 10:13 I think there's occasional snowbirds come down from the Midwest, there's actually people coming down from Canada who rent on the island. 2:10:22 But I don't think you can count on getting much income in the winter. 2:10:25 CB: So most of your rental business in going to be basically May-September, right? 2:10:30 BC: Yeah mid-August, school starts here like August 10th or 15th. 2:10:36 WS of Chris and Brian in house, CB: Most the homes here are being rebuilt the ones that were destroyed. 2:10:39 BC: I think as people are settling with their insurance carriers they're making the decision themselves whether to rebuild or sell. The people who own this lot, that's a story within itself, they're a couple of doctors out of Slidell, LA well they lost their home and they lost their beach house and they just wanted to get rid of it and be done with it. 2:11:00 CB: Did you start building here after you saw Katrina or had you been thinking about it for a while? 2:11:06 BC: Well when I saw that, I'm an attorney so I get a blog of tax law information.(tape breaks off) 2:11:19 shots of house under construction 2:11:31 WS of house under construction 2:11:42 WS view from house on to the beach, pan across the beach, includes long stairs going up to the house 2:12:04 WS of land with houses, beach and dumpster 2:12:07 pan to large house on stilts 2:12:34 MS of cross beams of stilts under house 2:12:44 pan out show more of under the house 2:12:49 under the house with stilts 2:13:28 WS of guys working on building a house 2:13:54 WS of house under construction with other houses 2:14:23 MS of guys working on roof 2:14:33 ladders and wood beams on sand 2:14:37 pan up to house under construction 2:14:53 WS of house under construction 2:15:21 MS of guys working on roof of house 2:15:32 shirtless man measuring boards 2:15:44 large house that looks either rebuilt or new 2:15:50 pan back to house under construction 2:16:05 WS of houses 2:16:18 WS of pile of sand and debris on beach 2:16:37 boarded up house 2:16:51 WS of pile of sand with people climbing on it and debris

TAPE TWO interview with Brian Chikowsky 2:00:06 shrimper out in the ocean, dark shot 2:00:29 tighter shot on shrimper, birds circling shrimper 2:01:36 CB: Brian, can you tell us about why and when you decided to build a house here. 2:01:40 BC (single shot) Well, we decided to build a house here in January of this year. We had looked in many places along the Gulf Coast, going down from Florida all the way from Louisiana looking for a place to build a home on the beach because we like the Gulf Coast we rented houses in many place, we discovered Dauphin Island about five years ago while we were renting in Fort Morgan which is just across the mouth of Mobile Bay. 2:02:10 CB: What do you like about Dauphin Island? 2:02:12 BC: Well I like the ability to be right on the Gulf of Mexico, right on the beach. We're from California where the best is basically owned, public access the only people that can be on the beach are the movie stars down in Malibu so regular people aren't really able to have a place on the beach. So here we're able to do that and we like the weather, we like the people, it's a nice southern feel people are very polite and helpful, so those are the reasons. 2:02:42 CB: And when you decided to buy this property, obviously Katrina must have been on your mind. 2:02:48 BC: Absolutely, Katrina had wiped out Dauphin Island, I think they lost maybe 300 houses here. 2:02:52 CB: And what about this property? 2:02:55 BC: Well this property had a home on it that was completely missing after Katrina there wasn't a trace of it, it was a vacant lot after the hurricane came. 2:03:04 CB: Did that give you any pause at all to build right where a home had been completely wiped away by Katrina? 2:03:09 BC: Well, what encourages us to build was the plan to construct a berm of sand, basically reconstruct the beach right out from our house here and we knew that that would protect us from the typical storms, it wouldn't protect us from a storm of historical proportions like Katrina, but we're thinking that might not happen again too soon. 2:03:32 CB: So you're gambling? 2:03:33 BC: We're gambling, that's correct, we are. Now we have flood insurance, that's required by FEMA, and the banks, the lenders. So we obtained flood insurance we were required to build the house at a certain height and we complied with those requirements and we did obtain flood insurance. 2:03:51 CB: Would you have considered building this home without flood insurance? 03:55 BC: Possibly, but I don't think so I think without flood insurance we probably wouldn't be building this home. 2:04:01 CB: Just too expensive or too risky. 2:04:02 BC: Too risky you can't recover anything if the house gets wiped out so it's important to have the flood insurance I think. 2:04:08 CB: With flood insurance the federal government will give you up to $250,000? 2:04:12 BC: That's correct. 2:04:14 CB: But you pay a premium for that? 2:04:14 BC: That's correct. 2:04:16 CB: There is an argument that the federal government should not by subsidizing the risk to build in an area that's vulnerable to hurricanes, what's your thoughts on that as a homeowner? 2:04:26 BC: Well I enjoy the benefit of having that flood insurance and all the people here on Dauphin Island do likewise and as well as people all around the United States and I think that's a policy decision that has be to determined by the political people I don't really get into the middle of the argument, but I know that the insurance is available and I take advantage of it. 2:04:48 CB: And for those who say that the tax payers shouldn't be protecting that risk what do you say? 2:04:56 BC: Well I guess talk to your local politician and try to change the law if you don't agree with it. 2:05:02 CB: But as an investor and a builder, the insurance makes it possible for you, or helps. 2:05:09 BC: That's correct, it's a one of the motivational factors in building a home. 2:05:13 CB: There is another federal break here to encourage development called the Go Zone, tell us how that works for the average developer. 2:05:22 BC: I think if you're going to own or occupy your home I don't know if the Go Zone will help you that much, but the federal legislation encourages people to come and do develop and particularly rental housing, I know there's some benefits for commercial development too but I'm not really familiar with those, but I am familiar with the rental housing incentives and there is a significant incentive to construct a rental property in the Go Zone. 2:05:50 CB: You can some kind of a tax break? 2:05:51 BC: That's correct. 2:05:51 CB: Off your federal income taxes? 2:05:53 BC: That's correct, it's a federal tax break. 2:05:55 CB: When you look at the cost of building here on the water compared to building if you could in California what is the differential like? 2:06:03 BC: Well it's about one-third the cost, one-third the cost for the construction of the house. The lot is separate, but just the cost of the house it's about one-third of the cost. I attribute that to the lack of red tape and it's very easy to get a building permit, we obtained a building permit in less than a week and in California we probably we still be arguing over the plans. It may take us a year or two to get a building permit. 2:06:32 CB: You're sitting here on a very vulnerable spit of land in a hurricane season that some hurricane experts are already forecasting to be pretty good, what are your thoughts or concerns about another hurricane coming through here. 2:06:47 BC: Well, I think it's like lightening striking twice in the same place. I don't think we're going to have a hurricane of Katrina's proportion here for a long time. It's possibly, I also think the people are predicting that they're going to go up the east coast this year and not go into the Gulf so we'll see. 2:07:06 CB: But this place has been hit by something like 6 huricanes so the odds eventually, not necessarily Katrina, but if you look at the odds for a hurricane hitting Dauphin Island again. 2:07:18 BC: I think you're right I think the odds are high that another hurricane will come here eventually that's correct. 2:07:23 CB: And what about the construction of your building that will prevent against a storm? 2:07:28 BC: Well the building is about 20 ft. off the surface and we believe and we think FEMA believes, whoever the scientists they consult with believe that will go underneath and pass through. In fact the builder we're using build several houses here that survived the hurricane and we're using the same building technique and the same height off the sand and we believe we can withstand a few hurricanes. And obviously houses like ours withstood Katrina. 2:08:03 CB: You've certainly got a million dollar view. 2:08:05 BC: Yeah, it's very nice isn't it. 2:08:19 CB: What might be your concern if, for whatever reason, this berm plan falls apart? 2:08:25 BC: Well if the berm isn't constructed then I think we're probably more vulnerable to hurricanes of a lesser proportion of Katrina and we could possibly get some damage from those hurricanes. 2:08:38 CB: So it's important to you? 2:08:39 BC: It's very important to me. 2:08:49 wide shot 2:09:17 walk and talk inside of a house being constructed 2:09:26 CB: How long did it take to put this house up after the storm? 2:09:29 BC: This is, they started construction in mid-April. 2:09:32 CB: Mid-April, wow that's fast. 2:09:34 BC: It's very fast, and the local contractors are unbelievably good and if you know anything about quality you can see the quality of the carpentry, the seams meet and if you know anything about construction I'm really pleased with it so far. 2:09:59 CB: And what's the rental season like, does this rent out in the winter too or is it mainly a summer rental? 2:10:04 BC: Well, it, you get most of your income in the summer, there's like a 12 week season. (break in tape) 10:13 I think there's occasional snowbirds come down from the Midwest, there's actually people coming down from Canada who rent on the island. 2:10:22 But I don't think you can count on getting much income in the winter. 2:10:25 CB: So most of your rental business in going to be basically May-September, right? 2:10:30 BC: Yeah mid-August, school starts here like August 10th or 15th. 2:10:36 WS of Chris and Brian in house, CB: Most the homes here are being rebuilt the ones that were destroyed. 2:10:39 BC: I think as people are settling with their insurance carriers they're making the decision themselves whether to rebuild or sell. The people who own this lot, that's a story within itself, they're a couple of doctors out of Slidell, LA well they lost their home and they lost their beach house and they just wanted to get rid of it and be done with it. 2:11:00 CB: Did you start building here after you saw Katrina or had you been thinking about it for a while? 2:11:06 BC: Well when I saw that, I'm an attorney so I get a blog of tax law information.(tape breaks off) 2:11:19 shots of house under construction 2:11:31 WS of house under construction 2:11:42 WS view from house on to the beach, pan across the beach, includes long stairs going up to the house 2:12:04 WS of land with houses, beach and dumpster 2:12:07 pan to large house on stilts 2:12:34 MS of cross beams of stilts under house 2:12:44 pan out show more of under the house 2:12:49 under the house with stilts 2:13:28 WS of guys working on building a house 2:13:54 WS of house under construction with other houses 2:14:23 MS of guys working on roof 2:14:33 ladders and wood beams on sand 2:14:37 pan up to house under construction 2:14:53 WS of house under construction 2:15:21 MS of guys working on roof of house 2:15:32 shirtless man measuring boards 2:15:44 large house that looks either rebuilt or new 2:15:50 pan back to house under construction 2:16:05 WS of houses 2:16:18 WS of pile of sand and debris on beach 2:16:37 boarded up house 2:16:51 WS of pile of sand with people climbing on it and debris

TAPE TWO interview with Brian Chikowsky 2:00:06 shrimper out in the ocean, dark shot 2:00:29 tighter shot on shrimper, birds circling shrimper 2:01:36 CB: Brian, can you tell us about why and when you decided to build a house here. 2:01:40 BC (single shot) Well, we decided to build a house here in January of this year. We had looked in many places along the Gulf Coast, going down from Florida all the way from Louisiana looking for a place to build a home on the beach because we like the Gulf Coast we rented houses in many place, we discovered Dauphin Island about five years ago while we were renting in Fort Morgan which is just across the mouth of Mobile Bay. 2:02:10 CB: What do you like about Dauphin Island? 2:02:12 BC: Well I like the ability to be right on the Gulf of Mexico, right on the beach. We're from California where the best is basically owned, public access the only people that can be on the beach are the movie stars down in Malibu so regular people aren't really able to have a place on the beach. So here we're able to do that and we like the weather, we like the people, it's a nice southern feel people are very polite and helpful, so those are the reasons. 2:02:42 CB: And when you decided to buy this property, obviously Katrina must have been on your mind. 2:02:48 BC: Absolutely, Katrina had wiped out Dauphin Island, I think they lost maybe 300 houses here. 2:02:52 CB: And what about this property? 2:02:55 BC: Well this property had a home on it that was completely missing after Katrina there wasn't a trace of it, it was a vacant lot after the hurricane came. 2:03:04 CB: Did that give you any pause at all to build right where a home had been completely wiped away by Katrina? 2:03:09 BC: Well, what encourages us to build was the plan to construct a berm of sand, basically reconstruct the beach right out from our house here and we knew that that would protect us from the typical storms, it wouldn't protect us from a storm of historical proportions like Katrina, but we're thinking that might not happen again too soon. 2:03:32 CB: So you're gambling? 2:03:33 BC: We're gambling, that's correct, we are. Now we have flood insurance, that's required by FEMA, and the banks, the lenders. So we obtained flood insurance we were required to build the house at a certain height and we complied with those requirements and we did obtain flood insurance. 2:03:51 CB: Would you have considered building this home without flood insurance? 03:55 BC: Possibly, but I don't think so I think without flood insurance we probably wouldn't be building this home. 2:04:01 CB: Just too expensive or too risky. 2:04:02 BC: Too risky you can't recover anything if the house gets wiped out so it's important to have the flood insurance I think. 2:04:08 CB: With flood insurance the federal government will give you up to $250,000? 2:04:12 BC: That's correct. 2:04:14 CB: But you pay a premium for that? 2:04:14 BC: That's correct. 2:04:16 CB: There is an argument that the federal government should not by subsidizing the risk to build in an area that's vulnerable to hurricanes, what's your thoughts on that as a homeowner? 2:04:26 BC: Well I enjoy the benefit of having that flood insurance and all the people here on Dauphin Island do likewise and as well as people all around the United States and I think that's a policy decision that has be to determined by the political people I don't really get into the middle of the argument, but I know that the insurance is available and I take advantage of it. 2:04:48 CB: And for those who say that the tax payers shouldn't be protecting that risk what do you say? 2:04:56 BC: Well I guess talk to your local politician and try to change the law if you don't agree with it. 2:05:02 CB: But as an investor and a builder, the insurance makes it possible for you, or helps. 2:05:09 BC: That's correct, it's a one of the motivational factors in building a home. 2:05:13 CB: There is another federal break here to encourage development called the Go Zone, tell us how that works for the average developer. 2:05:22 BC: I think if you're going to own or occupy your home I don't know if the Go Zone will help you that much, but the federal legislation encourages people to come and do develop and particularly rental housing, I know there's some benefits for commercial development too but I'm not really familiar with those, but I am familiar with the rental housing incentives and there is a significant incentive to construct a rental property in the Go Zone. 2:05:50 CB: You can some kind of a tax break? 2:05:51 BC: That's correct. 2:05:51 CB: Off your federal income taxes? 2:05:53 BC: That's correct, it's a federal tax break. 2:05:55 CB: When you look at the cost of building here on the water compared to building if you could in California what is the differential like? 2:06:03 BC: Well it's about one-third the cost, one-third the cost for the construction of the house. The lot is separate, but just the cost of the house it's about one-third of the cost. I attribute that to the lack of red tape and it's very easy to get a building permit, we obtained a building permit in less than a week and in California we probably we still be arguing over the plans. It may take us a year or two to get a building permit. 2:06:32 CB: You're sitting here on a very vulnerable spit of land in a hurricane season that some hurricane experts are already forecasting to be pretty good, what are your thoughts or concerns about another hurricane coming through here. 2:06:47 BC: Well, I think it's like lightening striking twice in the same place. I don't think we're going to have a hurricane of Katrina's proportion here for a long time. It's possibly, I also think the people are predicting that they're going to go up the east coast this year and not go into the Gulf so we'll see. 2:07:06 CB: But this place has been hit by something like 6 huricanes so the odds eventually, not necessarily Katrina, but if you look at the odds for a hurricane hitting Dauphin Island again. 2:07:18 BC: I think you're right I think the odds are high that another hurricane will come here eventually that's correct. 2:07:23 CB: And what about the construction of your building that will prevent against a storm? 2:07:28 BC: Well the building is about 20 ft. off the surface and we believe and we think FEMA believes, whoever the scientists they consult with believe that will go underneath and pass through. In fact the builder we're using build several houses here that survived the hurricane and we're using the same building technique and the same height off the sand and we believe we can withstand a few hurricanes. And obviously houses like ours withstood Katrina. 2:08:03 CB: You've certainly got a million dollar view. 2:08:05 BC: Yeah, it's very nice isn't it. 2:08:19 CB: What might be your concern if, for whatever reason, this berm plan falls apart? 2:08:25 BC: Well if the berm isn't constructed then I think we're probably more vulnerable to hurricanes of a lesser proportion of Katrina and we could possibly get some damage from those hurricanes. 2:08:38 CB: So it's important to you? 2:08:39 BC: It's very important to me. 2:08:49 wide shot 2:09:17 walk and talk inside of a house being constructed 2:09:26 CB: How long did it take to put this house up after the storm? 2:09:29 BC: This is, they started construction in mid-April. 2:09:32 CB: Mid-April, wow that's fast. 2:09:34 BC: It's very fast, and the local contractors are unbelievably good and if you know anything about quality you can see the quality of the carpentry, the seams meet and if you know anything about construction I'm really pleased with it so far. 2:09:59 CB: And what's the rental season like, does this rent out in the winter too or is it mainly a summer rental? 2:10:04 BC: Well, it, you get most of your income in the summer, there's like a 12 week season. (break in tape) 10:13 I think there's occasional snowbirds come down from the Midwest, there's actually people coming down from Canada who rent on the island. 2:10:22 But I don't think you can count on getting much income in the winter. 2:10:25 CB: So most of your rental business in going to be basically May-September, right? 2:10:30 BC: Yeah mid-August, school starts here like August 10th or 15th. 2:10:36 WS of Chris and Brian in house, CB: Most the homes here are being rebuilt the ones that were destroyed. 2:10:39 BC: I think as people are settling with their insurance carriers they're making the decision themselves whether to rebuild or sell. The people who own this lot, that's a story within itself, they're a couple of doctors out of Slidell, LA well they lost their home and they lost their beach house and they just wanted to get rid of it and be done with it. 2:11:00 CB: Did you start building here after you saw Katrina or had you been thinking about it for a while? 2:11:06 BC: Well when I saw that, I'm an attorney so I get a blog of tax law information.(tape breaks off) 2:11:19 shots of house under construction 2:11:31 WS of house under construction 2:11:42 WS view from house on to the beach, pan across the beach, includes long stairs going up to the house 2:12:04 WS of land with houses, beach and dumpster 2:12:07 pan to large house on stilts 2:12:34 MS of cross beams of stilts under house 2:12:44 pan out show more of under the house 2:12:49 under the house with stilts 2:13:28 WS of guys working on building a house 2:13:54 WS of house under construction with other houses 2:14:23 MS of guys working on roof 2:14:33 ladders and wood beams on sand 2:14:37 pan up to house under construction 2:14:53 WS of house under construction 2:15:21 MS of guys working on roof of house 2:15:32 shirtless man measuring boards 2:15:44 large house that looks either rebuilt or new 2:15:50 pan back to house under construction 2:16:05 WS of houses 2:16:18 WS of pile of sand and debris on beach 2:16:37 boarded up house 2:16:51 WS of pile of sand with people climbing on it and debris