BIL 001 Draft 01 2018-2020 - Laserfiche WebLink

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Upon approval of the fair share contributions or in lieu contributions by the director, the director shall submit a final report to the Council for its information that identifies the implementation requirements.] P The applicant shall make its fair share contribution to mitigate the potential regional impacts of the property with respect to parks and recreation, fire, police, solid waste disposal facilities and roads for the additional lots to be created. The fair share contribution shall become due and payable prior to receipt of Final Subdivision Approval. The fair share contribution shall be based on the actual number of additional lots created. The fair share contribution in a form of cash, land, facilities or any combination thereof shall be determined by the County Council. The fair share contribution may be adjusted annually beginning three years after the effective date of this ordinance,based on the percentage change in the Honolulu Consumer Price Index (HCPI). The fair share contribution shall have a combined value of$9,195.34 per multiple family residential unit ($14,329.89 per single family residential unit). The total amount shall be determined with the actual number of units according to the calculation and payment provisions set forth in this condition. The fair share contribution per single family residential unit shall be allocated as follows: 1. $4,535.80 per multiple family residential unit$6.910.13 per single family residential unit) to the County to support park and recreational improvements and facilities; 2. $143.36 per multiple family residential unit $333.35 per single family residential unit) to the County to support police facilities; 3. $440.97 per multiple family residential unit $658.40 per single family residential unit) to the County to support fire facilities; -12-