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COUNTY OF HAWAII STATE OF HAWAII <br /> mac., <br /> BILL NO. 353 <br /> ORDINANCE NO. <br /> AN ORDINANCE TO AMEND CHAPTER 11 OF THE HAWAII COUNTY CODE, 1983 <br /> (1995 EDITION) AS AMENDED, TO UPDATE THE IN-LIEU AMOUNT <br /> BE IS ORDAINED BY THE COUNCIL OF THE COUNTY OF HAWAII <br /> Section 1 Findings. Pursuant to Sections 11-4 (c)(1) and <br /> 11-5 (c)(2)(A) of the Hawaii County Code, the Hawaii County Housing <br /> <br /> Agency is seeking to update the in-lieu fee amount <br /> Section 2 Chapter 11, Section 11-4 (c)(1), of the Hawaii County <br /> Code 1983 (1995 Edation) as amended to read as follows <br /> Section 11-4. Requirements for rezoninge involving residential <br /> uses. <br /> (c) Satisfaction of these requirements will be accomplished <br /> through the use of the following alternatives <br /> ~i; Payment of in-lieu fees These fees are calculated <br /> by determining the amount of subsidy required to <br /> provide housing units affordable to the targeted <br /> income groups The in-lieu fee amount, averaged for <br /> the various groups to be served, amounts to [$4,720] <br /> $11,940 per affordable unit required in [1997] 2000 <br /> dollars The in-lieu fee amount may be updated by <br /> the County housing agency on an annual basis The <br /> in-lieu fee amount shall be calculated based on the <br /> <br />