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PD RECOMMENDATION REPORT (PL-REZ-2022-014_Amend REZ-07-075)
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2022-04-21 Leeward
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Item #2 Hawaii One1 Investors, LLC (formerly Kona Heights, LLC) (PL-REZ-2022-014_Amend REZ-07-075)
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PD RECOMMENDATION REPORT (PL-REZ-2022-014_Amend REZ-07-075)
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to the county,which security shall be in a form that is acceptable to the county in <br /> its sole discretion, for full satisfaction of its affordable housing requirement. <br /> U. The [app4ea+4] Applicant shall make its fair share contribution to mitigate the <br /> potential regional impacts of the property with respect to parks and recreation, <br /> fire,police, solid waste disposal facilities and roads. The fair share contribution <br /> shall be initially based on the representations contained within the change of zone <br /> application and may be increased or reduced proportionally if the lot counts are <br /> adjusted. The fair share contribution shall become due and payable prior to <br /> receipt of Final Plan Approval or within five years from the effective date of this <br /> amended change of zone ordinance,whichever occurs first. The fair share <br /> contribution for each lot shall be based on a maximum density for each lot as <br /> determined by the zoning resulting from this change of zone. The fair share <br /> contribution in a form of cash, land, facilities or any combination thereof shall be <br /> determined by the County Council. The fair share contribution may be adjusted <br /> annually beginning three years after the effective date of the amendment to the <br /> ordinance,based on the percentage change in the Honolulu Consumer Price Index <br /> (HOPI). The fair share contribution shall have a maximum combined value of <br /> [Q"� ] $15,057.57 per single-family residential unit. The total amount <br /> shall be determined with the actual number of units according to the calculation <br /> and payment provisions set forth in this condition. The fair share contribution per <br /> single-family residential unit shall be allocated as follows: <br /> • [$540] $7,261.03 per single-family residential unit to the County to <br /> support park and recreational improvements and facilities; <br /> • [$2666] $350.27 per single-family residential unit to the County to <br /> support police facilities; <br /> • [$ ] $691.83 per single-family residential unit to the County to <br /> support fire facilities; <br /> • [$231.45] $302.89 per single-family residential unit to the County to <br /> support solid waste facilities; <br /> • [$4,929.90] $6,451.55 per single-family residential unit to the County to <br /> support road and traffic improvements; <br /> 7 <br />
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