COM 1019.000 2018-2020 - Laserfiche WebLink

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applicants obtained six (6) affordable housing credits (Condition Q) and paid fair share (Condition R) for the proposed 29 -unit development. The director is recommending retaining the affordable housing condition and amending the fair share condition to ensure that the appropriate requirements are met should the applicant develop at a residential density higher than 29 -units. The applicant secured a five (5) -year administrative time extension to 2019, but after finalizing the archaeological mitigation plans the applicant indicated that they would have only had two (2) years to complete construction of the project by the deadline. Moreover, the applicant stated that they were having difficulty obtaining the necessary financing to complete the project. However, with much of the "soft" work done and the uptick in the economy, the applicant believes they can secure the required financing to complete the construction plans and develop the project within the next five (5) years. Granting of the amendments would not be contrary to the original reasons for granting the change of zone. The reasons for granting the original change of zone under Ordinance No. 09 159 have not changed. The RM -30 zoning remains consistent with the LUPAG designation and goals, policies, and actions of the General Plan. The site is served by appropriate infrastructure such as water, wastewater, access, and essential utilities. There are no irresolvable geological or topographical problems which cannot be rectified, or which would render the land unusable. Finally, plans to mitigate impacts on archaeological/cultural sites and resources have been approved and will be implemented through the development of the property. Granting of the amendments would not be contrary to the General Plan or Zoning Code. Since the subject parcel was rezoned, there has not been any significant land use regulatory change in this area. The Kona Community Development designates the property to be within the "Kona Urban Area" and the current zoning (RM -30) continues to be consistent with the General Plan's Land Use Pattern Allocation Guide (LUPAG) map. The subject parcel and its immediate surrounding area are designated as Urban Expansion (ue), which allows for a "mix of high density, medium density, low density, industrial, industrial -commercial and/or open designations in areas where new settlements may be desirable, but where the specific settlement pattern and mix of uses have not yet been determined." -3-