2005-04-01 TPULUWAI - Laserfiche WebLink

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TORIGOE:Thats correct, Madam Chairman. SPRINGER:Thank you. Thank you for waiting. Commissioner Watanabe. WATANABE:My question is would it be possible, cause I dont know the particulars of your agreement with the seller, would it be possible for you to then go back, assuming we are, you know, recommending approval, and negotiate with the seller because of this development on the fair share? CORREIA:Right. Good point. Weve already done that. Actually, prior to coming to this meeting, I made an attempt to do that with the hopes that maybe we could, you know, negotiate that fair share thinking that would offset some of that expense. The seller is not willing to do it. SPRINGER:Thankyou,Mr.Correia.CommissionerGraham? GRAHAMIhadonekindoffollow-upthoughtfromaplanningperspective,Ithink, coming from what the Planning Director said. I remember when I was new to the Commission and we were dealing with back then about time extensions, you know, when zoning had lapsed and all like that and got into a discussion, you know, why do we even have the time extent -, why do we even have the time requirements if were just going to keep extending it all the time. And I think part of what came out of that discussion was that the idea is to avoid what I might call pie-in-the-sky kind of rezonings where somebody just rezones to get some added value to the land but has no particular project in mind. So it feels to me that if we go ahead and grant time extensions, and kind of lock in the same conditions that happened back at the time somebody starting the zoning, then were really kind of defeating that purpose of pie-in-the-sky rezonings; and we might be encouraging more of that in the future. CORREIA:And I can understand your position as well. If you can imagine the project, I was involved with it in 92 and the developer at that time had the full intention of developing the project. As a matter of fact they had a bond in place, I believe, and the bank was waiting on some presales to close the construction loan. Because of the market down-turning, those presales fell apart and they couldnt proceed on, you know, the groundwork construction. So it was one of those things economically that just couldnt happen. Now we are a different group, were coming in now to pursue this project. So I could see if the original developer was before you trying to get an extension to entitle it to sell it to our group, that would be one case. But we are a totally different group, so -. And I can understand your position. GRAHAM:Sure, yeah, thanks for that follow-up. CORREIA:Thank you. ANDRADE:If I could follow up with Mr. Iwashita. What this, as Commissioner or Chairman Springer said and our Corporation Counsel, you know, this has to go to the County Council for actual approval. And so, you know, whatever happens here, you know, we will 7