ORD 2005-113 2004-2006 - Laserfiche WebLink

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improvements at the Kuakini Highway intersection, and the mauka/makai spine road up to the entrance of the proposed rental housing project shall be credited against the road fair share. Relative to the requirements for the school as outlined in Condition U, the value of land -which shall be based on the per acre purchase cost of the applicant the cost of the infrastructure (road and utility) to the subject site, and the cost of site preparation for the school and playground area shall be credited against the park and recreation fair share. The construction of any structures on the subject site shall be credited against the balance, if any, of the park and recreation fair share of this ordinance and/or any future park and recreation fair share requirement for T.M.K. 7- 5-17: 23 and 26. W. Should the Council adopt a Unified Impact Fees Ordinance setting forth criteria for imposition of exaction or the assessment of impact fees. conditions included herein shall be credited towards the requirements of the Unified Impact Fees Ordinance. X. To ensure that the Goals and Policies of the Housing Element of the General Plan are implemented, the applicant shall comply with the requirements of Chapter 11, Article 1, Hawaii County Code relating to Affordable Housing Policy. The affordable housing plan shall be approved by the County Housing Agency prior to final subdivision approval or final plan approval, whichever occurs first. The housing requirement shall be met by the provision of affordable housing onsite, and not by use of any affordable housing credits generated offsite or by any in-lieu fees. Further, as represented by the applicant, a minimum of twenty (20) percent of the units will be rented at the 80% or less than median income level and the remaining at the 120% or less than median income level. Affordable housing credits in excess of the basic requirement outlined in Chapter 11, Article 1, lfawaii County Code, shall -16-