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ORD 2012-033 2010-2012
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ORD 2012-033 2010-2012
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Last modified
3/9/2012 3:10:17 PM
Creation date
3/9/2012 2:24:42 PM
Metadata
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Ordinances
Ordinances - Type
ORD
Ordinances - Council Term
2010-2012
Year
2012
Ordinance
033
Effective Date
3/6/2012
Document Relationships
BIL 167 Draft 01 2010-2012
(Related)
Path:
\Council Records\Bills\2010-2012
BIL 167 Draft 01 2010-2012
(Related To)
Path:
\Council Records\Bills\2010-2012
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share contribution shall become due and payable prior to receipt of Final Plan <br />Approval. The fair share contribution for each lot shall be based on the actual <br />number of residential units developed. The fair share contribution in a form of <br />cash, land, facilities or any combination thereof shall be determined by the County <br />Council. The fair share contribution may be adjusted annually beginning three <br />years after the effective date of this ordinance, based on the percentage change in <br />the Honolulu Consumer Price Index (HCPI). The fair share contribution shall <br />have a maximum combined value of $7,903.35 per multiple family residential unit <br />($12,316.47 per single family residential unit). The total amount shall be <br />determined by the actual number of units according to the calculation and <br />payment provisions set forth in this condition. The fair share contribution per <br />multiple family residential unit (single family residential units) shall be allocated <br />as follows: <br />$3,898.50 per multiple family residential unit ($5,939.22 per single family <br />residential unit) to the County to support park and recreational improvements and <br />facilities; <br />$123.21 per multiple family residential unit ($286.51 per single family residential <br />unit) to the County to support police facilities; <br />$379.01 per multiple family residential unit ($565.89 per single family residential <br />unit) to the County to support fire facilities; <br />$168.93 per multiple family residential unit ($247.75 per single family residential <br />unit) to the County to support solid waste facilities; and <br />$3,333.69 per multiple family residential unit ($5,277.10 per single family <br />residential unit) to the County to support road and traffic improvements. <br />-5- <br />
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