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<br /> Communication 723 <br /> Bill 237 <br /> Page 5 <br /> do anything and allow the lot to be sold free and clear of the affordable housing requirement. <br /> The second choice would be a stricter method that would treat a family member transfer as <br /> though it was transferred at market value and make them pay the difference "in-lieu", and the <br /> third choice which Director Yuen felt was the best, was to defer the affordable housing <br /> requirement until a mazket sale of the property occurred. Director Yuen raises these issues <br /> because this is the first time a situation like this has come up, and feels it could come up again in <br /> the future and the Department needs t look into the matter. <br /> Committee Chair Pilago confirmed with Mr. Raymond that Mr. Raymond was cleaz in his <br /> understanding of the discussions taking place before this Committee and that his application is a <br /> rezoning for a subdivision and therefore must comply with affordable housing requirements. <br /> Your committee concurs with the Planning Commission and the Planning Director's favorable <br /> recommendation for approval of the Change of Zone request. <br /> Your Committee on Planning is in accord with the intent and purpose of Bill No. 237 and <br /> recommends it pass first reading. <br /> and <br /> Hues NOES a&E Ex Respectfully submitted, <br /> ARAKAKI x <br /> HIGH x COMMITTEE ON PLANNING <br /> HOFFMANN g i' <br /> HOLSCHUH g <br /> [KEDA X <br /> ISBELL x K. Angel Pilago, hair <br /> JACOBSON g <br /> PILAGO g <br /> SAFARIK g <br /> PC REPORT NO. 70 <br /> ADOPTED: MAY a21 <br /> O6 <br /> <br />