BIL 329 Draft 03 1996-1998 - Laserfiche WebLink

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$3 101 6R n r ci gj~-fami X reci`lr^*ial unit for a_n indicated total of x,4,813 44 to the State or County ro support road and traffic improvements. The fa'r share contributions described above shall be adinared a nn_ ually ]~gginning hree years after he effective date of the change of zone based on the n r n agee changg in the Honolulu Co~umer Price Tndex (RCPT). In lieu of paving the fair share contribution the anBli~nt may construct and contribute improvements/facilities related to parks and recreation fie. police. solid waste d~r~cal facilities and roads wi hip the region ' acted by t_h_e proposed developlII nr~t S~~bject to the approval of he director The cost of nroviding_and ro ' 1Ilg~hg~plprovements regl,>;rPd in ConditiotL E F a_nd G shall be credited a fai ct~ the mum snP~~~P~ r^^di[ion M (51 for road and traffic improvements For p~ocec of administering Condition M. the fair market value of land contributed or the cost of any improvements regeired or made in lien of the fair sh re contribution shall be s~jeet t^ review and approval of the director upon consultation with the appropriate agencies. Ant contributions r~q sir a bySh+~ ordinance nd Ordinance 96-117 relating to the Parker Ranch 202Qproiect that exceed the fair share requirement of these proposed developmen hall a he annlica_nt's regyect be credited towards any ofof the ~pylicant'c de~elonment hat Igquire infract ~ctural 'mDarr ~ontributio~ TTnon annroval of the fair share contibutions or in lieu contributions by the director the director shall submit a final rgport to he o mcil for it information that identifies thg ,pecific approved fair share and/or in lieu ~ontribu ions as allocated and fort-her i-mnlementation reauirementc (O] ~(•Should the Council adopt a Unified Impact Fee Ordinance setting forth criteria -9-