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amendment to commence. c.onstrUCtiOn ;and having it sub -5ta ntial ly <br />cornplra;ted within ten (10) ye ars, be it either f0ir the cornmercial or <br />residential component. <br />-,d to still siec e the <br />f_ 11rjJe <br />1rM ze, of the need _ I ore as noted earlier, beca-isl <br />appropriate'. financing (subsuequent to receipt of any time extension); <br />the need C -And time to address the MUltitUde of conditions of the <br />ordinance such as affordable housing, sewer evaluation, <br />a rchaeolog ical/cultu rat approvals, and the like; and the vagaries of the <br />real estate markpat relative to commercial uses, the applicant may not <br />be in a position to commence Net alone, complete the project within the <br />next 5 years. As such, it is also requesting the possibility of an <br />administrative. time extension with a 10 -year completion window. <br />E-roposedJan,agage <br />s Construction of the proposield developin ent, w <br />� h—elher the <br />commemial or resider Lual com- 22nenrt shall [ba, co mpfeted] <br />commence within five (5) years from the effective date of <br />this ordinance and be substa.Lti—Bll—V—CO—lr—np—iet,31r—jWiLh-in —ten <br />_Kears. Prior to construction, the applicag2t, .ecce. Or <br />or assigns shall secure Final Plain Apprpeal for th <br />--- <br />..'- <br />amended proposed developmenn, t from the Pla, nrung <br />Director in accordance ,,vii Section 25-2-70., Chapter 25 <br />(Zoning Gode), Hawai'j Count Gode..,. <br />D. As represented by the applicant, the project shall be restricted to <br />the LISe of rental housing only for a period of not less than 20 years <br />from the issuance of a certificate of occupancy. Any change to this <br />condition ii/vill require an amendment to the change of zone <br />I - <br />ordinance. <br />While this Navas a representation made by the applicant then, the <br />applicant does not believe it can fulfill that today, pal Lice after <br />analyzing the cost of the infrastructure requirements. As such, the <br />applicant is requesting its. deletion in its entirety, and instead comply <br />with the, requirements of Chapter 11 of the Hawaii County Code <br />relating to affordable housing. <br />E. -If the Department of Transportation requires an amended Traffic <br />Impact Analysis Report (TJAR), it shall be submitted to the <br />Department of Transportation for review and appyoval prior to the <br />issuance of Final Plan Approval. All accesses including road <br />andlor intersection improvements, shall meet with the approval of <br />the Department of Tran's.ortation. <br />