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<br /> <br /> <br /> <br /> ] <br /> <br /> <br /> [0-.] N. The permitted hotel, designated as the "University Inn and Conference <br /> <br /> Center," shall function as a business hotel and in conjunction with University <br /> operations. It shall not be operated under a time-share plan or other <br /> <br /> arrangement that provides for shared ownership of individual units on the <br /> <br /> basis of time intervals, or club membership allowing periodic use. <br /> <br /> <br /> [P-.]O. Occupancy of the hotel shall not be granted until the construction of the Queen <br /> Ka`ahumanu Highway, Phase II widening improvements to four lanes from <br /> <br /> Kealakehe Parkway to the Kona International Airport at Keahole has been <br /> secured by the State entering into a construction contract for the <br /> <br /> improvements, or until improvements construction has commenced on the <br /> 20,000 square foot University building, or the building's completion has been <br /> <br /> assured by bond or other security acceptable to the Planning, Director, <br /> whichever comes first.. <br /> <br /> <br /> No retail eemmer-eial stmetwes may be leemed eleser- than 1,500 feet from the <br /> <br /> Queen Kaahumanu Highway right ef way.]. <br /> <br /> <br /> P. To ensure that the commercial development corresponds with the applicant's <br /> representations regarding neighborhood-scale commercial development, no <br /> <br /> single retail establishment shall have more than 45,000 square feet of <br /> developed area under roof. <br /> <br /> <br /> Q. Total retail space (not including restaurants) shall not exceed 75,000 square <br /> <br /> feet under roof until the construction of the Queen Ka`ahumanu Highway, <br /> Phase II widening improvements to four lanes from Kealakehe Parkway to the <br /> <br /> Kona International Airport at Keahole has been secured by the state entering <br /> <br /> <br /> -11- <br />