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PREFACE <br /> Fair Share Contributions: As a condition of an ordinance amending the Zoning Code, the County <br /> Council may require applicants to make a Fair Share contribution to mitigate the potential regional <br /> impacts of the development with respect to parks and recreation, fire, police, solid waste disposal <br /> facilities, and roads. The value of the contributions is based on the cost of public facilities per <br /> developed unit, and the County Council determines whether the Fair Share contribution is made as <br /> cash, land, facilities, or any combination thereof. The Fair Share contribution is typically due and <br /> payable prior to the receipt of Final Subdivision or Plan Approval and is based on the actual number <br /> of units developed. <br /> Fair Share Appropriations: All projects using Fair Share funds must be appropriated by the <br /> County Council, with the appropriation identifying Fair Share as the funding source for all or a <br /> portion of the total project costs. <br /> Fair Share expenditures must have a "rational nexus" to the impact caused by the development. <br /> "Rational nexus" means the expenditure must benefit the fee - paying development and be directly <br /> related to the impact caused by the fee - paying development. Moreover, the expenditure should not <br /> duplicate the services paid by the development through other means such as property taxes. An <br /> eligible project for Fair Share, therefore, should meet the following criteria: <br /> • Capital improvement (not services that are funded by property taxes as part of the County <br /> operational budget); <br /> • New construction (not major repairs or renovations that correct existing deficiencies); <br /> • Located in the judicial district in which the Fair Share was collected (to benefit the fee - <br /> paying development); <br /> • Regional benefit (not limited to a single neighborhood or community). <br /> Fair Share Annual Report: Pursuant to Hawaii County Code section 2- 162.1, this report <br /> summarizes Fair Share assessments, contributions, and appropriations for the Council's review and <br /> use in the formulation of the capital budget. <br /> • Total Assessments. Table 1 summarizes Fair Share assessments, which total <br /> $115,747,197.01 through June 30, 2010. However, it must be emphasized that this amount is <br /> based on the proposed development at the time of rezoning, and the amounts are not due until <br /> subdivision or plan approval based on the actual project built. When the amounts do become <br /> payable, the Planning Department adjusts the initial assessments based on the actual number <br /> of units and the consumer price index at the time of payment. <br /> Table 2 is a detailed list of applicant names, rezone numbers, assessed amounts, and payment <br /> status. In Table 2, the "unpaid" status does not mean that the Planning Department failed to <br /> collect the amount from the applicant; rather, it means the property is at least partially <br /> undeveloped and that the applicant has not yet triggered full payment by a subdivision or <br /> plan approval application. <br /> • Total Contributions. Table 3 details the cash payments to the capital projects fund and the <br /> park dedication fund, as well as the value of the in lieu assets credited. Through June 30, <br /> 1 <br />