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BKDAcquisitionsREZ926Arnend.crk.10.8.18 <br /> COUNTY OF HAWAII PLANNING DEPARTMENT <br /> BACKGROUND REPORT <br /> KD ACQUISITION, LLLP AND HUALALAI INVESTORS, LLP <br /> (FORMERLY KAUPULEHU DEVELOPMENTS) <br /> AMENDMENT TO PROJECT DISTRICT ORDINANCE NO. 99 42 (REZ 926) <br /> KD ACQUISITION, LLLP AND HUALALAI INVESTORS, LLP (FORMERLY <br /> KAUPULEHU DEVELOPMENTS)have submitted an Overall Status Report to the Planning <br /> Department, Planning Commission and County Council as required by Condition BB of Project <br /> District Ordinance No. 99 42, which rezoned 1,078.634 acres from Open to Project District. The <br /> applicants are requesting a determination from the Planning Commission and County Council if <br /> a time extension to Condition B (Development Period) is needed. If it is determined to be <br /> needed, the applicants are requesting a 20-year time extension to comply with Condition B. The <br /> subject properties are located adjacent to the west of the Kona Village Resort, makai of Queen <br /> Ka`ahumanu Highway, between the 87 and 84 mile marker, Kaupulehu,North Kona, Hawai`i, <br /> TMKs: (3) 7-2-010: 022 (por.) to 027, 031; 7-2-031: 001, 002, 004, 06 to 011, 013, 015 to 023, <br /> 025 to 030, 032, 033; 7-2-032: 001 to 003, 005, 007, 009, 010, 014, 016 to 034, and 036 to 053 <br /> collectively"Lot 4-A"); and 7-2-010: 020, 028 to 030; 7-2-029: 001 to 020, 022 to 025, 027 to <br /> 048, 050 to 058 and 7-2-030: 001 to 035 (collectively"Lot 4- B"). <br /> APPLICANT'S REQUEST <br /> 1. Request: The applicants' request is twofold: First, the applicants are requesting a <br /> determination from the Planning Commission and County Council if a fon-nal request for <br /> a time extension of the 20-year development period articulated in Condition B <br /> (Development Period) is needed. Condition B states: <br /> "This project area shall be called the Kaupulehu Project District. The <br /> development periodfor the Kaupulehu Project District will be 20 years from the <br /> effective date of approval of the Project District Ordinance. " <br /> Second, if the County Council determines a time extension to Condition B is needed, the <br /> applicants are requesting a 20-year time extension to allow the completion of remaining <br /> development activities on the subject parcels. The effective date of Ordinance No. 99 42 <br />