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The Honorable Dr. Holeka Goro Inaba and Members of the County Council County of Hawai'i December 29, 2025 Page 2 The Commission concurred with the Planning Director's following reasons for a favorable consideration of the request. Criteria for granting the favorable recommendation are shown below in bold print. The applicant, CU Hawai'i Federal Credit Union, has submitted an application for a 10-year time extension to Condition C (complete project) from the effective date of this amendment, to amend Condition D (dedication of road widening) to remove the inclusion of roadway improvements and to delete Condition E (roadway improvements) to remove the requirement to construct curb, gutter and sidewalk improvements along Manono Street of Change of Zone Ordinance No. 09-44, which rezoned a 22,500-square foot parcel of land from Single -Family Residential (RS-10) to Neighborhood Commercial-10,000 square feet (CN-10). The applicant acquired the property in March 2025, well after the April 23, 2014, deadline to complete the project which, as proposed by the previous landowner, would have converted a single-family dwelling on the property into an office building. The current applicant has since demolished the dwelling with the objective of constructing a new, member -facing credit union branch facility on the subject property in conjunction with establishing a 41-stall parking lot on the adjacent property (TMK 2-2-034:045) for member and employee parking. The existing branch facility at 476 Hinano Street will be maintained and utilized for administrative, back -office operations. According to the applicant, the requested 10-year time extension to complete construction (Condition C) is needed to carefully plan and customize the new building at their own pace, ensuring it is tailored to the needs of their members and the community, and to manage the building process effectively. As a non- profit, they also require flexibility to manage the financial aspects of the project, such as securing optimal financing and construction contracts, given internal priorities like a core system conversion and other potential contingencies. Regarding the request to amend Condition D and delete Condition E, the applicant requests to remove the requirement of curb, gutter and sidewalk improvements on the property's frontage at Manono Street and to dedicate a road widening strip without such improvements. Instead, the applicant has offered to pay a pro-rata share of the cost of shoulder improvements to the county, to be allocated in conjunction with a comprehensive improvement of Manono Street.