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Financing program. A financing program contains financing strategies and <br />mechanisms by which the public infrastructure will be funded. Examples of financing <br />mechanisms include tax increment financing districts, impact fees, general or special <br />purpose revenue bonds, community facilities districts, and improvement districts. <br />Utilized in conjunction with Federal and State grants-in-aid, development <br />agreements, and other creative sources of funding, these financing mechanisms will <br />supplement the capital improvements program to successfully implement the middle - <br />range planning efforts. <br />• Public facility priorities for the financing program. <br />• Regulatory actions needed by government to implement the development plan. <br />A development plan may identify: <br />• Incentive measures to encourage private participation in achieving objectives <br />relating to public infrastructure and services. <br />• Public or public/private development initiatives when the private market fails to <br />address certain needs ---low-income housing or urban redevelopment for example. <br />• Operational programs by government and the community's role in planning and <br />implementing the programs. Examples include an after-school program, <br />neighborhood watch program or mediation training program. <br />A development plan shall be submitted to the planning commission for review and <br />recommendation to the council. The council may modify or amend a development plan <br />by deleting or initiating changes to the plan prior to enacting it by ordinance. A <br />development plan shall be reviewed every five years after adoption. <br />2.2.3 Public Facility Plan. <br />A public facility plan is a long-range plan for a public service system, such as solid waste, <br />drainageways, parks and recreation, solid waste, and transportation, or a master plan for a <br />specific facility, such as a landfill. A public facility plan assists a department or agency <br />responsible for the public service system to examine, direct and prioritize its resources. A public <br />facility plan can be as critical to a communitys planning efforts as a development. There are <br />numerous General Plan policies that direct the preparation or update of a variety of public <br />facility pians. Therefore, the planning director must provide support to government agencies <br />preparing public facility plans that affect the island of Hawaii. The coordination between <br />development planning and public facility planning is imperative. <br />Authorization to prepare a public facility plan or to update an existing public facility plan shall be <br />given by the Council by resolution. The resolution shall state establish the funding source, the <br />scope and purpose of the public facility plan, the responsible agency, and the timeframe for <br />completion. <br />A public facility plan shall be submitted to the Council for adoption by ordinance. The council <br />may modify or amend a public facility plan by deleting or initiating changes to the plan prior to <br />enacting it by ordinance. A public facility plan shall be reviewed every five years after adoption. <br />GENERAL PLAN PROGRAM • 2-3 <br />