BIL 347 Draft 01 1998-2000 - Laserfiche WebLink

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except for lots larger than ten acres m size or which aze commuted exclusively for golf course and park purposes, shall be based on the maximum allowable density of building saes as determined by the zoning of such lot The fair share contnbution m a form of cash, land, facilities, or any combmahon thereo ~ acceptable to the director m consultation with the affected agencies shall have a maximum combined value of $7,239.16 per lot Based upon the appllca~it's representation of intent to subdrnde and develop up to 400 lots, the indicated total fair share contnbution Is $2,895,664.00, however, the total amount shall `~e increased or reduced m propomon with the actual number of subdivided lots according to the calculation and payment provisions set forth m this Con~Ltion O The fair share contnbution shall be allocated as follows (I) 53,490 85 per lot, for an mdwated total of $1,396,340.00 to the County to support park and recreational improvements and facilities, (2) S168 40 per lot, for an indicated total of $67,360.00 to the Count} to support police facilities, (3) $332 61 per lot, for an indicated total of $133,044.00 to the County to support fire facilmes, (4) $14~ 62 per lot, for an indicated total of $58,248.00 to the Coun[} to support solid waste facilmes, 53,101 68 per lot, for an indicated total of 51,240,672.00 to the State or County to support road and traffic Improvements The fair share contributions descnbed above shall be adjusted annually beginning three years after the effective date of this ordinance, based on the percentage change in the Honolulu Consumer Pnce Index (HCPI) In lieu of paying the fair share contnbution, the applicant may construct improvementsifacilrties related to parks and recreation, fire, police, solid waste disposal facilities, and road, within the region impacted by the proposed development, subject to the approval of the planning director The cost of constructing the improvements required u. _27_