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Background and County Environment Report (Attachment to Change of Zone,Project District,and Agricultural Project District Applications) Please use this form as a guide for required information to be included in your Change of Zone,Project District or Agricultural Project District-Background and County Environmental Report. A. SUBJECT REQUEST 1.Details of Proposed Use/Development: a. Project Description The"Proposal development-7 is Palarnanui University Village and mixed use community in North Kona, The site is 725 acres just mauls of Queen Kaahumarm Hwy.one mile north of Kona Airport entry drive. TMK 7-2-05:01 b. Statement of objectives and reasons for the request: Ihis is a request for amendment to an misting Approved Project District Ordinance which covers 695 acres of the Palarnanui lands(Ord.No.09-132). In summary,Palamanui is requesting amendments to Condition V ROADS,Condition S PARKS and Conditions L,M,X, and LL. L Design Standards,M-Variances,X Cul-de-sacs and non ed roads;LL access to ROADS will be public. The reasons for these amendments is to reduce the costs of upfront infiastructure and enable this project to move forward as it will be more financially feasible if the amendments are approved. C. Number of acres/square feet: The Palamanui project is 7225 Acres. d. Proposed units/lots/floor area of proposed building envelope: The existing project district ordinance cam for a maximum of 1116 residential units(W &SF or Apts.). No increase is being requested. Also permitted is a 1210 room hotel,a mix of commercial,industrial,public parks,a 74 acre forest preserve&other open spaces. e. Timeframe and cost: Project Development will take approx.20 years and-cost over$200,000,000 f. Membership size/number of employees and clientele: Ultimate population at Palamarmi could reach approximately 2,750 residents plus hundreds of employees and customers daily.