ORD 2001-015 2000-2002 - Laserfiche WebLink

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The fair share contributions described above shall be adjusted annually beguiung three years after the effective date of the change of zone, based on the percentage change rn the Honolulu Consumer Price Index (HCPI) In lieu of paymg the fair share contribution, the applicant may construct and contribute improvements/facilities related to parks and recreation, fire, police, solid waste disposal facilities, and roads withm the region impacted by the proposed development, subject to the approval of the director The cost of providing and constructing the improvements required in Conditions E and F shall be credited against the sum specified in Condition L (5) for road and traffic improvements For purposes of admimstermg Condition L, the fair market value of land contributed or the cost of any improvements required or made in lieu of the fair share contribution shall be subject to review and approval of the director, upon consultation with the appropriate agencies Upon approval of the fair share contributions or to lieu contributions by the director, the director shall submit a final report to the Council for its information that identifies the specific approved fair share and/or m lieu contributions, as allocated, and further implementation requirements M. Should the Council adopt a Unified Impact Fees Ordinance setting forth cntena for the imposition of exactions or the assessments of impact fees, conditions included herein shall be credited towards the requirements of the Unified Impact Fees Ordinance N In lieu of actual construction of iiifrastructural improvements as conditioned above, the applicant may enter into an agreement with the Planning Director and the Department of Publtc Works and the Department of Water Supply, if applicable, to assure the County that the infrastructural improvements will be constructed together with the appropriate bond, surety or other security deemed -6-