COM 0560.027 2002-2004 - Laserfiche WebLink

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proves unsatisfactory for the kind of development we aze talking about, is the County liable for misleading the investors? 6) Mr Tyler, in the May meeting, requested that a full azchaeological study be made of the entire project area. In the latest revisions, I see mention of only the 5-acre and 8-acre pazcels for archaeological study. Is this just an oversight? Can we expect to see a comprehensive study of the entire azea? 7) During the May hearing, Mr Yuen said, in reference to affordable housing and multi-family zone sites in Hilo, (page 38) "There aze azeas azound Wailoa Pond, for example, that have zoning but that have development problems or flooding problems, as far as developing into multi-family." These azeas have not been developed, though apparently they are zoned for development. Zoning does not mean building is correct use of the land. He also says in reference to the University Terrace property, "It is the site of a major drainage way in Hilo....There will have to be a major engineering study of the overall drainage, and it will be up to the project engineers to make that work." It seems to me that study would best be made before a decision to rezone and build is made, in the interest of the developers and their investments. 8) From Mr. Yamashiro's testimony, (Page 40), he mentions the complementazity of commercial and residential growth in close proximity, and cites as an example the Hilo Lagoon Center. I'm surprised he did so. It may have looked attractive 25 yeazs ago, but we all know that concept has not played out in the long term in Hilo. I don't think we can count on that concept working to benefit Hilo in the University Terrace project either. And what will be the tax burden to revitalize this azea in a couple of decades? Will it be another bailout? I have many concerns that as yet are unanswered, and lead me to believe that approval of the University Terrace proposal is premature at the very least, and I believe ill-advised in the long term. I urge the Council members to remember that a decision to approve rezoning and development will stay with us a long time, and for good p; fo~,bad, be the, legacy our children and grandchildren inherit from our time. Please `phow fbr more comprehensive studies, especially of water and drainage, before casting a vote to develop. I fear the tax burden on the citizens of our county will faz exceed our ability to make good on the plans before you today. Thank you.