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JNZIt OF 0, <br />t;•��,. .ice <br />COUNTY OF HAWAII STA'L'E OF HAWAII <br />�rE OF <br />RESOLUTION NO. 427 <br />A RESOLUTION AUTHORIZING THE EXEMPTION OF CERTAIN CODE <br />REQUIREMENTS, PURSUANT TO SECTION 20111-38 OF THE HAWAII REVISED <br />STATUTES, FOR THE KUAKINI HEIGHTS AFFORDABLE HOUSING PROJECT IN <br />KAILUA KONA, HAWAII, COVERED BY TAX MAP KEY (3) 7-5-003:007. <br />WHEREAS, Kuakini Heights Housing Partners LP ("DEVELOPER") has proposed to <br />build Affordable Housing and wish to continue the development of this project; and <br />WHEREAS, the DEVELOPER is proposing to build the Kuakini Heights Affordable <br />Dwelling Development ("AFFORDABLE PROJECT") at Tax Map Key (3) 7-5-003:007, <br />consisting of 10.529 acres of land; and <br />WHEREAS, the AFFORDABLE PROJECT is proposed to consist of an affordable <br />multi -family housing development containing 100 affordable residential rental units for local <br />families earning a household income of no more than 60% AMI; and <br />WHEREAS, the AFFORDABLE PROJECT shall remain affordable for no fewer than <br />61 years after initial occupancy; and <br />WHEREAS, abutting the AFFORDABLE PROJECT, SCD Kona 108 LLC plans on <br />developing 97 market rate units on Tax Map Key (3) 7-5-003:008, and 009; and <br />WHEREAS, the proposed AFFORDABLE PROJECT and market rate residential <br />development are impacted by rezoning Ordinance 06-152, which covers a total of 106.259 acres <br />which includes Tax Map Key (3) 7-5-003:007 and two adjacent parcels located at TMK's (3)7-5- <br />007:008 and :009 ("PROJECT SITE"); and <br />WHEREAS, the AFFORDABLE PROJECT is also impacted by Land Use Commission <br />Docket Number A94-705 Decision & Order (D&O), which includes various other parcels that <br />include TMK's (3) 7-4-008:001; 7-5-003:006,:007,:023; 7-5-10:005; 7-5-017:001,:019; 7-6- <br />013:009; 7-7-004:002,:056; 7-7-007:041; 7-7-008:027, :099, :105; 7-8-10:029 and :030; and <br />WHEREAS, the DEVELOPER is requesting certain exemptions to the Hawaii County <br />Code and Ordinance conditions to assist in the production of the AFFORDABLE PROJECT, in <br />accordable with HRS Section 20111-38; and <br />WHEREAS, the AFFORDABLE PROJECT will promote the goals contained in HRS <br />Section 201H-38 and Chapter 11 of the Hawaii County Code, which relate to affordable <br />housing; and <br />