COM 0067.000 2012-2014 - Laserfiche WebLink

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infrastructural improvements. No occupancy permit shall be issued until all of the infrastructure improvements covered by the bond or surety have been constructed and approved by the County." The applicant requests that Condition B be amended as follows: • "Final Subdivision Approval for not less than 50 lots shall be secured within five (5) years of this new amendment, provided, however, that Final Subdivision Approval for the entire project shall be secured within ten (10) years of this new amendment." (Exhibit 1- August 27, 2012 letter and attachments) 2. Reasons for Request: The applicant states that due to current market conditions, the proposed subdivision could not be completed in the 5 -year period (until September 20, 2012) as stipulated in Ordinance No. 07 127. The project is proposed to be developed in a minimum of eight (8) increments, with 50 lots proposed within five (5) years of this amendment, with a 10 -year completion date for the entire project. BACKGROUND INFORMATION 3. December 27, 1990: Effective date of Ordinance No. 90 160, which amended the district classification of approximately 761 acres from Unplanned (U) and Multiple Family Residential -1,500 square feet (RM -1.5) to a Residential and Agricultural -1 acre (RA -la) and Open (0) zoned districts to allow the development of the Highlands Golf Estates consisting of approximately 286 one to two -acre lots to be integrated within an 18 -hole golf course with clubhouse facilities. Future development included an additional 114 lots for a total of 400 lots. 4. March 21, 1995: Effective date of Ordinance No. 95 51, which amended Conditions B and C of Ordinance No. 90 160. The amendments required Final Subdivision Approval for not less than 175 lots to be secured within a five (5) year period and the construction of channelized improvements at the intersection of Waikoloa Road and Pua Melia Street/Paniolo Avenue before June 30, 1996, as well as the construction of traffic signalization improvements when the number of lots exceeded 350 or as may be required by the Department of Public Works. -2-