BIL 089 Draft 02 2000-2002 - Laserfiche WebLink

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$3,374.63 to the State or County to support road and traffic improvements. The fair share contributions described above shall be adjusted annually be~innin~ three years after the effective date of the change of zone based on the percenta e~ change in the Honolulu Consumer Price Index (HCPI). In lieu of pang 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 within the region impacted by the proposed development, subject to the approval of the director. For~urposes of administering_Condition F, the fair market value of land contributed or the cost of andimprovements reauired or made in lieu of the fair share contribution shall be subject to review and approval of the director, upon consultation with the appropriate a end Upon approval of the fair share contributions or in 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 in lieu contributions, as allocated, and further implementation requirements. [F]G. Should the Council adopt a Unified Impact Fees Ordinance setting forth criteria for the imposition of exactions or the assessment of impact fees, conditions included herein shall be credited towards the requirements of the Unified Impact Fees Ordinance. [G]H. An initial extension of time for the performance of conditions within the ordinance may be granted by the Planning Director upon the following circumstances: -4-