ORD 2005-113 2004-2006 - Laserfiche WebLink

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to the site, including vehicular access and utility systems; and 2) prior to the issuance of a Certificate of Occupancy for any residential structures on the subject site, make the necessary on-site land improvements for the school and associated playground area, as well as construct or cause the construction of up to $600,000 of building or structural improvements as may be mutually agreed to between the applicant and the receiving agency or entity. These improvements are designed to facilitate the opening of a school prior to the occupancy of any residential structures on the subject property. V. The applicant shall make its fair share contribution to mitigate the potential regional impacts of the property with respect to parks and recreation, lire, police, solid waste disposal facilities and roads. "hhe fair share contribution shall be initially based on the representations contained within the change of zone application and may be increased or reduced proportionally if the unit counts are adjusted. The fair share contribution shall become due and payable prior to receipt of Final Plan Approval or within five years fiom the effective date of this change of zone ordinance, whichever occurs first. 1'he fair share contribution for each unit shall he based on the number of units developed. The fair share contribution in a Corm of cash, land, facilities or any combination thereof shall be determined by the County Council. The fair share contribution may be adjusted annually beginning three years after the effective date of this ordinance, based on the percentage change in the Honolulu Consumer Price lndcx (HCPI). The fair share contribution shall have a maximum combined value of $6,206A6 per multiple family residential unit ($9,671.44 per single family residential unit). Based upon the applicants representation of intent to develop a total of 250 multiple family residential waits, the indicated total of fair share contribution is $1,551,515.00 for the multiple family residential units. However, the total amount shall be increased or reduced in proportion with the actual number -14-