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Castle & Cooke HawaSi Fax :8085482980 Aug 17 2007 14:3" P.OS ,mil««~~: Inly 10, 200 The Honorable Pete Hoffman Council Chatr & Presiding Officer Hawai i County Council 25 Aupuni Street Hilo, IdI96720 By Fax: 808-961-8912 and E~Mail: counciltestimony@co.hawaii.hi.us RE: BILL II2 -Relating to Affordable Housing - OPPOSL~ WITH COMMENT Hawai I County Council Meetiutg, Tuesday, July 70, 2007 - 9AM Aloha Chair Hoffman and Councilmembers: T am Bruce Garrett: Executive Vice President of Castle & Cooke Homes Hawaii, Inc. Castle & Cooke strongly opposes Bill II2. Tn general, exactions that legitimately address project imparts should be imposed as explicit, upfront conditions to obtainin entitlements at State land use or County zoning, and not conditions to sulxiivision. Subdivision is traditionally a ministerial process after substantial planning and invest Went have already occurred in reliance upon entitlements. Castle & Cooke submits that : a rna[ter of basic fairness, a costly and unforeseen affordable requirement should not br imposed on a fully entitled project already under development like our Wehilani proj~ ct in ~Vaikoloa Village. We fully suppott programs and lei station that provide incentives to encourage development of affordable housing for local families. Ra[her than mandate the construction of affordable housing, we feel that the County should provide incentives to promote the development of affordable housing to reduce the cost and risk of development [hereby encouraging the private sector to develop more affordable hou; ng We beliecc that Bill 112 wilt ncgativety impact the supply of housing because it maht s it infeasible co complete and go forward wi[h entitled projects already under dcvclopme tt like our Wehilani project. We respectfully rayuest the County Council's consideration of the following fac[ors atd circumstances with respect to Bill 1.12 generally, and in particular, its unfair impact on nurability to complete. the Wehilani project. It has been Hawaii's traditional practice to exact conditions at the entitlement proses>'. at the State land use and county rezoning processes. This practice results in predictabili~;; helps to define land planning up front and commitments for the tuturet and, allows developers and state and county governments to plan and fund development accordirpy Bill 112 contradicts th,s practice by creatin, an affordable housing requirement at the Conan: ~~os. l ~ Ref. Ta Ref. Date 22 2QQ~