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(i) At the time of rezoning, the potential job veneration shall be assumed to be <br /> ten full-time equivalent iobs per acre to determine whether subsequent <br /> develoyment within the rezoned area must satisfv an affordable housing <br /> requirement. <br /> (ii) At the time of elan approval, pursuant to section 11-9(b), the affordable <br /> housiny requirement shall be based upon ten full-time equivalent jobs per acre, <br /> or one per 1 000 square feet of gross floor area, whichever is yreater, provided <br /> that the administrator, after consultation with the planning director, shall adjust <br /> the number of iobs based on yroof that the actual number of iobs created will <br /> deviate from this standard, and provided that in that case, the affordable housiny <br /> requirement shall be reassessed if the use is chanyed. <br /> (iii) The applicant may also satisfv the affordable housing requirement at the <br /> time of final subdivision approval for all or a portion of the lots created within <br /> the rezoned area, provided that in that case, the applicant shall be required to <br /> earn one affordable housing credit for every ten full-time equivalent jobs <br /> created based on ten full-time a uivalent 'obs er acre." <br /> SECTION 3. Upon passage of this ordinance, the Revisor of Ordinances shall insert in <br /> section 11-4(d)(2)(B), the effective calendar date of this ordinance in place of the phrase <br /> "(the effective date of this ordinance)." <br /> SECTION 4. Severability. If any provision of this ordinance, or the application thereof to <br /> <br /> any person or circumstance, is held invalid, such invalidity shall not affect other provisions or <br /> <br /> applications of the ordinance which can be given effect without the invalid provision or <br /> application, and to this end, the provisions of this ordinance are declared to be severable. <br /> SECTION 5. Material to be repealed is bracketed and stricken. New material is <br /> <br /> underscored. In printing this ordinance, the brackets, bracketed material, and underscoring need <br /> <br /> not be included. <br /> SECTION 6. This ordinance shall take effect on its approval. <br /> INTRODUCED BY: <br /> COUNCIL MEMBER, COUNTY OF HAWAII <br /> Hawaii <br /> Date of Introduction: <br /> Date of 1st Reading: <br /> Date of 2nd Reading: <br /> Effective Date: <br /> 2 <br /> <br />