COM 0687.076 2004-2006 - Laserfiche WebLink

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The hIonorable Pete Hoffmann, Councilman May 31, 2006 Page 2 of 4 jztcurred. Hiluhilu's plan and project may become impossible to finance if much additional, non-revenue producing cost is added. Our cotturtents to your Draft 2 follow in the order that they would modify Bi11224 as originally drafted: Conditions D and J. We agree with your changes to these conditions, except that it is Hilubilu's intention to build the University building on State land. Accordingly, we question whether the University building should be included in the "project description" as the "project" is defined as oNy the Palemanui lands being considered for zone change, Golf Coarse Condition T (old). We agree the golf course use and condition should be removed. University Condition 'll' (new). Hiluhilu is committed to making the University move from the Kealalekua location possible, by providing in5rastructure and constructing a building on State land. As the details of that building and of related improvements arc not set, we will aced a reasonable limit on its cost. Additionally we need to allow sufficient time for the University to do its overall site and land use planning so that the new building will fit into their plan. At the saute time, it is necessary to proceed with Palamanui as that will make it possible to fund the various contributions described above. We can do so by continuing to cooperate with the University. If the University can move expeditiously, Hiluhilu can complete the building on the State land in time for a Single move firom the current location. However we recogatize that more time maybe required to complete this planning. if that occurred, Hiluhilu is prepared to build and lease buildings within Palamanui for the University's use until the new building is ready for occupancy. The lease approach would provide space at the same cost as is now budgeted and spent by the University. We therefore want to have a condition that allows this flexibility, while still requiring the eventual construcrion of the permanent building on the 500-acre State parcel. Department of Education Condition U. Hiluhilu is ncgotiatvag with and will enter into an agreement with the Department of Education. We expect that the 5na1 agreement will require $iluhilu to provide the DOE the use of an 8,000 square foot building for a period of twenty years, with an alternative provision for the cash contribution, if for some reason the building cannot be built We are concerned the DOE may want an arrangement that does not match the detailed zoning condition you propose. We also have a concern about trying to set a short deadline for the completion of this building. It is noted that standard practice for payment of DOE contributions is keyed to residential sales. Therefore, an extremely short deadline for completion of this facility would impose a greater than aortae! financing burden on Hiluhilu. Therefore, we ask that this condition be worded to provide flexibility for the final DOE decision, and a realistic timetable. 20 Acre Park Condition W (old Condition W). Hiluhilu will provide 20 acres of land for development of a regional park with initial improvements for a baseball field, a soccer