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1.5) zoned district. The subject properties are located south of Kukuau Street, on the west side or <br />(mauka) of Kapi`olani Street above the County Police Department Headquarters building, <br />Kukuau 1 st, South Hilo, Hawaii, TMK: 2-4-025:0487 053, and 080. At this time, the staff will <br />make the presentation. Christian? <br />KAY: Yes, thank you Mr. Chair. Good morning to you and to the members of the Windward <br />Planning Commission. Give me a moment I'll share my screen here and we'll get started. Okay, <br />can everybody see that screen? <br />RAFFIPIY: Yes. <br />KAY: Okay. So, again as the Chair stated this is an applicati <br />Zone Ordinance 10 32. The subject properties are located in 1 <br />Island, here outlined in red. For reference we got Kapi`ol �l <br />North/South through the slide, Kukuau Street running_general <br />further reference across from the subject properties=sthe Poli <br />building and kitty-corner is Saint Joseph's School property. J <br />want to go through the existing entitlements in the Applicant'; <br />As was stated, Ordinance No. 10 32 was=approved on May 1 <br />subject properties from RS -7.5 and RM -t- o T M-,1.5 pardon <br />the 2.5 here for 5.05 acres. Then Applicant=and-current land <br />originally proposed to construct a 100 -unit market -rade =nult <br />rental housing project and related improvements. D�- Dit&V. <br />project he abandoned it due to uncertainty in financial mark( <br />market -rate, multiple -family rental =units in Hilo. =J <br />purchase agreement-- ith-`the intenf:10 sell the prop <br />purpose limited partnership -and arkaffiliate of Ikai: <br />is anon -profit _5O 1(c)(3) o <br />housing.rgarzatori°°with _missii <br />- -__ <br />Mr <br />nfor-aendments to Change of <br />South Hilo District of Hawaii <br />bet runni - g generally <br />East/West through the slide. For <br />Department Headquarters <br />(§y way of history=arid context I <br />roposed project. <br />2.0-10 to change the zoning of the <br />ie=R1VI-1.5,__forgive the typo with <br />vner==_Gampaolo Paul Boschetti <br />le -family residential pardon me <br />$oschetti's efforts to complete the <br />and fluctuations in demand for <br />Boschetti has entered into a <br />yto A0705 Hilo, L.P. which is a single <br />Ohana, who is the Applicant. Ikaika Ohana <br />of developing and operating affordable <br />The Applicant again this' Ikaika Ohari'a-is proposing to develop a 64 -unit, 100% affordable <br />rental housing development-sXty-three (63) of which will have income restrictions between <br />thirty (30) arid, sixty (60) percent of the area median income and there will be one (1) unrestricted <br />Manager's unit=Finally, construction of the proposed affordable housing is anticipated to begin <br />in the first quarter -W.021 an is estimated to cost approximately forty (40) million dollars and <br />take two (2) years to co 01ae. The Applicants are requesting, requested several amendments to <br />the current ordinance first being a five (5) year time extension to complete construction which is <br />Condition E; a one (1) year time extension to dedicate a future road widening strip which is <br />Condition G; delete the requirement to install streetlights and traffic control devices Condition J; <br />delete fair share requirements Condition P; and to delete impact fee requirements which is <br />Condition R. <br />It should be noted and it's on the agenda as such that the Applicant originally requested the <br />deletion of the additional parking requirement articulated in Condition E however, they <br />subsequently submitted a request to withdraw that amendment after the agenda was published. <br />EXHIBIT A (DRAFT) <br />2 <br />