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ORD 2016-046 2014-2016
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ORD 2016-046 2014-2016
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Last modified
5/26/2016 1:42:38 PM
Creation date
5/26/2016 12:49:19 PM
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Ordinances
Ordinances - Type
ORD
Ordinances - Council Term
2014-2016
Year
2016
Ordinance
046
Effective Date
5/23/2016
Document Relationships
BIL 164 Draft 01 2014-2016
(Related)
Path:
\Council Records\Bills\2014-2016
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, . :,, . •. , . :. • . •: . - . ..•. <br /> facilities, and roads within the region impacted by the proposed development, <br /> in Condition I(5) for road and traffic improvements. For purposes of <br /> administering Condition I, the fair market value of land contributed or the cost of <br /> appropriate agencies. <br /> Upon approval of the fair share contributions or in lieu contributions by the <br /> director,the director shall submit a final report to the Council for its information <br /> The applicant shall make its fair share contribution to mitigate the potential <br /> regional impacts of the development with respect to parks and recreation, fire., <br /> police, solid waste disposal facilities and transportation facilities. The fair share <br /> contribution shall become due and payable prior to receipt of Final Subdivision <br /> Approval. The fair share contribution for each newly created lot shall be based on <br /> the actual number of residential units developed. The fair share contribution may <br /> be adjusted annually beginning three years after the effective date of this <br /> ordinance,based on the percentage change in the Honolulu Consumer Price Index <br /> (HCPI). The fair share contribution shall have a combined value of$13,506.70 <br /> per single family residential unit. The total amount shall be determined based on <br /> -5- <br />
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