BIL 169 Draft 03 2022-2024 - Laserfiche WebLink

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market rate sale of 215 units in the Kona Vistas Subdivision 22 affordable units shall be constructed and offered for sale at the low and moderate income levels prior to..any sale of additional market rate units. An future development of the property will need to provide lots or houses and lots for sale to low and moderate family.incomes consistent with the LUC Order. The affordable lots or houses and lots shall be constructed and sold concurrently with any market -value units. All units constructed and sold in accordance with the LUC Order, with the exception of the twenty-two (22) affordable units required by the Kona Vistas Subdivision, shall be credited towards the affordable housing requirements required by Chapter 11 of the Hawaii County Code. 2. Cha ter 11 Requirement: To ensure that the Goals and Policies of the I-lousin Element of the General Plan are im lemented the Applicant shall comply with the requirements of Cha ter 11 Article 1 Hawai`i Count Code relating to the Affordable Housing Policy for the subject 67.162-acre project site. This requirement shall be approved by the Administrator of the Office of Housing and Communit Develo ment prior to issuance of Plan Approval and the affordable housing agreement shall be implemented prior to occupancy of any unit in each phase. 3. Prior affordable housing agreements related to Ordinance No. 02-131 shall be replaced or amended to reflect the conditions of this amended ordinance. X. As represented by the Applicant, the Applicant shall record a Declaration that institutes a covenant, condition, and restriction upon the subject property that prohibits any dwelling unit with the pro.i.ect site to be used as a time share short-term vacation rental or other form of short-term transient accommodation. This Declaration shall be recorded with the State Bureau of Conveyancesprior to the issuance of Final Plan Approval for any dwellin units to be constructed on the subject property. -13-