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Aaron S.Y. Chung, Council Chair and Members of the County Council County of Hawaii Page 4 for market -rate, multiple -family rental units in Hilo, the landowner was unable to complete his project and entered into a purchase agreement with A0705 Hilo, L.P. an affiliate of the applicant, Ikaika Ohana, a nonprofit 501(c) 3 organization with a mission of developing and operating affordable housing. The applicant is proposing to develop a 64 -unit, 100% affordable rental housing development, as articulated above, and is anticipated to be complete within two (2) to three (3) years. As the ordinance is currently stale, the applicant is requesting a five (5) -year time extension to complete construction. The Director is providing a favorable recommendation for this time extension request and is proposing amendment language that is consistent with our standard condition language instead of the exact language that the applicant requested. Additionally, despite being granted final subdivision approval in 2015, which consolidated the subject properties and subdivided out a ten (10) foot future road widening strip to be dedicated to the County, the State Land Court has yet to record the subdivision action at the time of this writing. As the subdivision action has not yet been finalized, the applicant cannot complete the future road -widening land dedication process as required under Condition G. The applicant has been in discussions with Land Court and believes that the requested one (1) -year time extension will provide sufficient time to complete dedication of the road widening strip to the County. Granting of the time extension amendments would not be contrary to the General Plan or Zoning Code and the original reasons for granting the change of zone. The reasons for granting the original change of zone under Ordinance No. 10 32 have not changed. Since the subject parcel was rezoned, there has not been any significant land use regulatory changes in this area. The current zoning (RM -1.5) continues to be consistent with Medium Density Urban (MDU) designation in the General Plan's Land Use Pattern Allocation Guide (LUPAG) map, which allows for a "Village and neighborhood commercial and single family and multiple family residential and related functions (multiple family residential -- up to 35 units per acre). " The proposed affordable housing project will be developed in accordance with the Zoning Code, including the requirement to obtain Final Plan Approval, which will ensure appropriate on-site parking, drainage and landscaping requirements will be met. In addition, the proposed amendment meets the concurrency requirements of the Zoning Code which address traffic, potable water, and Civil Defense Siren. As the scope of the development has changed, the applicant submitted updated estimated water demand calculations to DWS who determined that County water is available for the project and provided an updated water commitment fee, facilities