ORD 2012-156 2010-2012 - Laserfiche WebLink

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5. $3,374.63 per single family residential unit for an indicated total of $13,498.52 to the State or County to support road and traffic The fair share contributions described above shall be adjusted annually beginning three years after the effective date of the change of zone, based on the percentage change in the Honolulu Consumer Price Index (HCPI). In lieu of paying the fair share contribution, the applicant may construct and contribute development, subject to the approval of the director. The cost of providing and constructing the improvements required in Condition F shall be credited against or the cost of improvements required or made in lieu of the fair share contribution shall be subject to review and approval of the director, upon consultation with the aooronriate a�enci Upon approval of the fair share contributions or in lieu contributions by the director, the director shall submit a final report to the Council for its information allocated, and further implementation requirements. K. The applicant shall make its fair share contribution to mitigate the potential regional impacts of the development with respect to roads, parks and recreation, fire, police and solid waste disposal facilities. The fair share contribution shall become due and payable prior to receipt of Final Subdivision Approval. The fair share contribution shall be for the additional lot to be created. The fair share contribution in a form of cash, land, facilities or any combination thereof shall be determined by the County Council. The fair share contribution may be adjusted annually beginning three years after the effective date of this ordinance, based on the percentage change in the Honolulu Consumer Price Index (HCPI). The fair share contribution shall have a maximum combined value of $12,772.64 per -6-