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Mr.Michael Yee,Director <br /> October 17,2018 <br /> Page 2 <br /> The reasons for these requests and other associated information are outlined <br /> below. <br /> I. <br /> NATURE OF REQUESTS <br /> The Applicant purchased the subject site in 2017 with the goal of constructing a <br /> small commercial office/retail complex. Due to varying circumstances, including <br /> financing,the project never got off the ground within the allotted period. <br /> The Applicant has been in discussions with a possible joint venture partner or one <br /> who may independently develop the entire project. Thus,the Applicant, directly or <br /> indirectly, is now in a better position to start and complete the project today in <br /> accordance in accordance with the requirements or conditions of the current zoning. <br /> However,because the required off-site improvements (Condition E)have not been timely <br /> completed,the status of the CN-20 zoning becomes somewhat questionable,making <br /> conventional financing a bit more challen6 ing. <br /> Further,because Condition B referenced only the conversion of the existing <br /> dwelling,there may be some question as to whether a new structure would be allowed. <br /> As such,the Applicant is requesting: <br /> 1. A five (5)year time extension from the effective date of this amendment to <br /> complete the required off-site infrastructure improvements as called for in <br /> Condition E,with the possibility of an administrative extension, similar to <br /> conditions required of other projects of this nature; and <br /> 2. Clarification that commercial uses can occur within the existing converted <br /> dwelling or a new commercial structure. <br /> II. <br /> PROJECT LOCATION <br /> The subject parcel consists of 20,000 sgnare feet. It is located in the Waiakea <br /> Houselots area of the City of Hilo. More specifically, it is situated on the west side of <br /> Manono Street,midway between Kekuanaoa Street and Hualani Street. (Exhibit C— <br /> Location Map) <br /> III. PROPOSED DEVELOPMENT <br /> The original applicants (Rory and Kathy Tripp)planned to convert an existing <br /> 1,246 square foot single family dwelling into a retail establishment called Kilauea <br />