PD RECOMMENDATION REPORT (PL-REZ-2022-018)

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share contribution may be adjusted annually beginning three years after the effective date of this ordinance,based on the percentage change in the Honolulu Consumer Price Index (HOPI). The fair share contribution shall have a maximum combined value of$15,636.59 per single family residential lot. The fair share contribution per single family residential lot shall be allocated as follows: A. $7,540.24 per single family residential lot to the County to support park and recreational improvements and facilities; B. $363.74 per single family residential lot to the County to support police facilities; C. $718.44 per single family residential lot to the County to support fire facilities; D. $314.54 per single family residential lot to the County to support solid waste facilities; and E. $6,699.63 per single family residential lot to the County to support road and traffic improvements. In lieu of paying the fair share contribution, the Applicant(s)may contribute land and/or construct improvements/facilities related to parks and recreation, fire, police, solid waste disposal facilities and roads within the region impacted by the proposed development, subject to the review and recommendation of the Planning Director, upon consultation with the appropriate agencies and approval of the County Council. T. Should the Council adopt a Unified Impact Fees Ordinance setting forth criteria for imposition of exactions or the assessment of impact fees, conditions included herein shall be credited towards the requirements of the Unified Impact Fees Ordinance. U. The Applicant shall comply with all applicable County, State and Federal Laws, rules,regulations and requirements. V. An initial extension of time for the performance of conditions within the ordinance may be granted by the Planning Director upon the following circumstances: -4-