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The applicant is requesting a five-year, pardon me, it should read a six-year time,pardon me, a <br /> five-year time extension to Condition D, time to complete construction of Change of Zone <br /> Ordinance No. 09 159, which reclassified 51.058 acres of land from an Agricultural 5-acre to <br /> Multiple-Family Residential 30,000 square feet zoning district. The applicant initially proposed <br /> to develop a maximum of 60 single- and multiple-family residential units and related amenities <br /> with the intent of having them used as vacation rental units. In trying to address the various <br /> rezoning conditions, such as water, archaeological, and emergency access issues, the plan was <br /> scaled back to 29 single-family dwellings with related amenities, including a recreation center <br /> and to possibly include a pavilion or lanai swimming pool area and barbeque area. The reason <br /> for the request is after the rezoning was approved,the applicant promptly sought to address <br /> several archaeological and cultural related zoning conditions. That combined with the sagging <br /> economy of the time affected the applicant's ability to finalize financing of this project. <br /> However, with much of the soft work done and the uptick in the economy, the applicant believes <br /> they can secure the required financing to complete the construction plans and develop the <br /> projects within the requested five-year extended time frame. <br /> The subject property again outlined here in black is zoned Multiple-Family Residential 30,000 <br /> square feet, mauka of the area and in some areas makai of the Mamalahoa Bypass Road is Open, <br /> as indicated by the green color, that the area above the subject parcel is where the golf course is. <br /> And then further makai of the road we've got some Resort zoning, as well as Multiple-Family <br /> and some Village Commercial zoning. And then mauka of the project area is Agricultural 5-acre <br /> zoning, as indicated in the light green. <br /> The State Land Use designation for the subject property and much of the surrounding area is <br /> Urban, as indicated in the pink color. There is some Rural designations mauka of the subject <br /> property indicated in the light yellow color, and some Agricultural to the bottom of the screen <br /> here indicated in green. <br /> The subject property is located in the Special Management Area, as indicated in the thatched, red <br /> thatch here. It's, it doesn't have any shoreline frontage, as you can see. And on September 22, <br /> 2009, the Planning Commission approved SMA USE Permit No. 09-000034 to allow the <br /> development of a mix of 60 single- and multiple-family residential units and related <br /> improvements. The effective date of this permit was concurrent with the effective date of the <br /> subject rezone ordinance. So the punchline here is that the SMA permit is still in effect and <br /> would allow the scaled down development as well. <br /> The General Plan designation for the subject parcel is Urban Expansion as indicated by the black <br /> thatching. Other designations in the area include Open, indicated in the green color, and it's <br /> associated again with the golf course mauka of the subject parcel and some of the shoreline areas <br /> makai. The pink area indicates the Resort Node designation consistent with the, the resort uses <br /> makai of the subject parcel. And then some Extensive Agriculture here at the bottom of the <br /> screen and Important Agricultural Lands to the right-hand side of the screen, with some Low <br /> Density Urban on the far right. <br /> 2 <br /> EXHIBIT B <br />