COM 0156.000 2006-2008 - Laserfiche WebLink

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facilities, or any combination thereof shall have a maximum combined value of $728,984.26. The fair shaze contributions described above shall be adjusted annually based on the percentage change in the Honolulu Consumer Price Index (HCPI). In lieu of paying the fair share contribution, the applicant may construct such facilities related to park, fire, police, solid waste disposal facilities, sewers and roads with the approval of the appropriate agency(ies). Any contributions required by this ordinance that exceed the fair share requirement of the subject property shall, at the applicant's request be credited towazds any of the applicant's future developments that require infrastructural impact contributions; (M) To ensure the Goals and Policies of the Recreation Element of the General Plan aze implemented, the applicant shall: (1) Subdivide and convey in fee, approximately 10 + acres of land within the project site, to the Pu'uanahulu Community Association or its designee for development as a community park, within six (b) months • from the effective date of this amendment. The applicant shall be responsible for payment of the park's real property taxes and liability insurance for a two year period from the effective date of this ordinance; (2) As represented by and committed to by the applicant, construction of the community pazk and community recreational center shall commence no • later than December 1, 2000 and be completed no later than [November 30, 2001] November 30, 2002, and the construction of the volunteer fire station shall commence no later than September 1, 2001 and be completed no later than [February 1, 2002] January 31, 2003. A maximum 6-month time extension for completion of the required improvements maybe granted by the Planning Director provided that an agreement is entered into between the Planning Director and the applicant, its assigns or successors, accompanied by a surety bond (other than personal surety), -10-