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Dru Kanuha, Council Chair <br /> and Members of the County Council <br /> Page 2 <br /> improvements on TMK 7-5-020:071 and 072. The applicant requests a 5-year time <br /> extension to Condition B, which required that Final Subdivision Approval be secured by <br /> May 27, 2014. The applicant acquired the properties in 2006 and secured Tentative <br /> Subdivision Approval the same year. A final plat map and construction plans were <br /> submitted to Planning in May 2014 but the applicant was not able to secure final <br /> subdivision approval prior to the deadline. The applicant also requests to amend <br /> Condition J, which requires that drainage improvements be constructed prior to receipt of <br /> Final Subdivision Approval, by providing a surety bond for the drainage improvements so <br /> that Final Subdivision Approval can be issued before the improvements are constructed. <br /> Bonding of drainage improvements is a routine process similar to the bonding of other <br /> subdivision improvements. The applicant anticipates constructing the project's drainage <br /> improvements within six months of receipt of a new grading permit from the Department <br /> of Public Works. Lastly, the applicant requests to amend Condition V, which requires the <br /> applicant make the fair share payment prior to receipt of Final Subdivision Approval. <br /> The applicant requests to defer payment of the fair share payment until each of the 58 <br /> single-family residential units are constructed and sold. Payment would be made via <br /> escrow upon the close of sale. <br /> CONDITIONS B and J <br /> Granting of the amendments to Conditions B and J would not be contrary to <br /> the original reasons for granting the rezone. The applicant is simply seeking <br /> additional time to complete the subdivision, to change the timing of when drainage <br /> improvements will be constructed, and to change the timing of when the fair share <br /> payment will be made. The proposed project has not changed from its original concept <br /> when the rezone was approved in 2004. Since the rezone was granted, the applicant has <br /> completed construction plans implementing conditions of the ordinance including the <br /> archaeological preservation plan and burial treatment plan. <br /> Granting of the amendments to Conditions B and J would not be contrary to <br /> the General Plan or the Zoning Code. There have been three significant changes since <br /> the rezone was approved in 2004 that warrant a re-evaluation of the approval of the <br /> rezone: 1) the General Plan was updated in 2005, 2) the Kona Community Development <br /> Plan (KCDP) was adopted by the County Council in 2008, and 3) the Zoning Code was <br /> amended by the County Council in 2007 to include concurrency requirements for rezones <br /> or time extensions for previously approved rezones, such as the current request. <br />