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Mr. Michael Yee, Director <br /> May 19, 2018 <br /> Page 3 <br /> Subsequent to the rezoning of the property, several factors affected the <br /> Applicant's ability and focus to develop the property. <br /> The project was to have been developed jointly by the Applicant and her <br /> parents. However, shortly after the rezoning was approved, unfortunately and <br /> tragically,there was a death in the family. As such, the energy and focus to <br /> developing the site faded. The easiest option—in spite of having.to pay <br /> higher real property taxes—was to continue renting the homes for residential <br /> use. The residential use continues. <br /> Further, when things began to settle down personally for the Applicant, there <br /> was the global economic meltdown and the financial crisis that began in 2008. <br /> That made securing the required financing to initiate and convert the <br /> dwellings or build a new structure difficult. The Applicant thus elected to <br /> continue renting the dwellings and generate some revenue stream. <br /> Understandably,neither the untimely passing of a family member nor the <br /> recession and financial crisis were clearly something that the Applicant <br /> anticipated. Relative to the financing end,however, although there are signs <br /> that the economy is on an upswing,time is still needed for the Applicant to <br /> finalize its plans, secure the financing, and address the multitude of rezoning <br /> conditions. <br /> B. Granting of the time extension would not be contrary to the General Plan or <br /> Zoning Code. <br /> It should be noted that since the site was rezoned, there has not been any <br /> significant land use regulatory change in this area. The Hilo Community <br /> Development Plan has not been updated, and thus, the only relevant planning <br /> policy document still rests with the County General Plan. <br /> The proposed request is still not contrary to the General Plan's Land Use <br /> Pattern Allocation Guide (LUPAG) Map that defines the subject property <br /> and.its immediately surrounding area for High Density Urban uses. The most <br /> recent revisions to the General Plan (February 2005) did not make any <br /> changes affecting the subject site. The current designation on the LUPAG <br /> map is the same as when the subject property was initially zoned CG-10. <br /> There are a number of commercially-zoned and related uses adjacent to and <br /> also proximate to the subject site along both sides of Kilauea Avenue, north its <br /> intersection with L anikaula Street. Thus, retention of the CG-10 zoning <br />