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<br /> <br /> <br /> <br /> <br /> <br /> The Honorable J Yoshimoto, Chairman <br /> and Members of the County Council <br /> Page 2 <br /> <br /> "C. Construction of the proposed development shall be completed within five (5) <br /> years from the effective date of this amendment. Prior to construction, the <br /> applicant, successors or assigns shall secure Final Plan Approval for the amended <br /> proposed development from the Planning Director in accordance with Section 25- <br /> 2-70, Chapter 25 (Zoning Code), Hawaii County Code within two (2) years from <br /> the effective date of this amendment. Plans shall identify all existing and/or <br /> proposed structures, paved driveway access and parking stalls associated with the <br /> proposed development. Landscaping shall also be indicated on the plans for the <br /> purpose of mitigating any adverse noise or visual impacts to adjacent properties in <br /> accordance with the requirements of Planning Department's Rule No. 17 <br /> (Landscaping Requirements)." <br /> <br /> The non-performance is the result of conditions that could not have been foreseen <br /> or are beyond the control of the applicant(s), successors or assigns, and are not the result <br /> of their fault or negligence. The applicant states "the recent global, national and local <br /> economic picture has undergone historic changes, which has proved even more <br /> <br /> significant for the real estate development business. As a result of these events, the <br /> project funding sources have decided to temporarily hold-off on firm commitments, thus <br /> preventing the applicant from securing the financing necessary to obtain Final Plan <br /> Approval and payment of the fair share contributions under Ordinance Nos. 06 137 and <br /> 06 138." The applicant anticipates that the financial markets will stabilize in the near <br /> term, allowing them to continue with the development of the project. <br /> <br /> Granting of the time extension would not be contrary to the General Plan or <br /> Zoning Code. The General Plan LUPAG Map designates the area as Medium Density <br /> Urban. The property is zoned Multiple Family Residential (RM- 2.5) and Village <br /> Commercial (CV-7.5), which allows for multiple family residential uses. Both zoning <br /> designations are consistent with the existing General Plan designation for this area. All <br /> essential utilities and services are available to the site. Compliance with all other <br /> conditions of Ordinance Nos. 06 137 and 06 138 are still required. <br /> <br /> Based on the above findings, the proposed amendment to Condition C of <br /> Ordinance Nos. 06 137 and 06 138 is not contrary to the original reasons for approving <br /> the Change of Zone. In addition, the Planning Director recommends that existing <br /> conditions in the ordinances be revised to reflect the current standard language for <br /> conditions of approval. <br /> <br /> For your favorable consideration, amendments to Ordinance Nos. 96 137 and 96 138 are <br /> transmitted. <br />