BIL 030 Draft 02 2024-2026 - Laserfiche WebLink

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The fair share contribution shall become due and payable prior to receipt of Final Plan Approval, and shall be based on the actual number of additional residential units created. The fair share contribution in a form of cash, land, facilities or any combination thereof shall be determined by the County Council. The fair share contribution may be adjusted annually beginning three years after the effective date of this ordinance, based on the percentage change in the Honolulu Consumer Price Index (HCPI). The fair share contribution shall have a combined value of $11,018.76 per multiple family residential unit. The total amount shall be determined with the actual number of residential units according to the calculation and payment provisions set forth in this condition. The fair share contribution per multiple family residential unit shall be allocated as follows: $5,435.24 per multiple family residential unit to the County to support park and recreational improvements and facilities; 2. $171.78 per multiple family residential unit to the County to support police facilities; $528.42 per multiple family residential unit to the County to support fire facilities; 4. $235.52 per multiple family residential unit to the County to support solid waste facilities; and 5. $4,647.80 per multiple family residential unit to the County to support road and traffic improvements. In lieu of paying the fair share contribution, the Applicants may contribute land and/or construct improvements/facilities related to parks and recreation, fire, police, solid waste disposal facilities and roads within the region impacted by the proposed development, subject to the review and recommendation of the Planning Director, upon consultation with the appropriate agencies and approval of the County Council pursuant to Section 2-162.1(a) of Hawaii County Code. -5-