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of[the] this amended ordinance. The [applicant] Applicant shall reserve the <br /> following easements and special setbacks in perpetuity for purposes of <br /> protecting and maintaining naturally forested areas and shall delineate such <br /> easements and setbacks on plans submitted for subdivision review: <br /> l. a 60-foot wide "forest reserve easement" along the existing roadway <br /> frontages of the subject property, exclusive of the access point permitted by <br /> the Department of Public Works. <br /> 2. a 30-foot wide "forest reserve easement" along all lot lines not covered by <br /> the 60-foot wide easement; and <br /> 3. a 60-foot wide structural setback in lieu of the required 30-foot setback <br /> along the existing property's public street frontage to provide an additional <br /> buffer." <br /> As noted earlier, the time required to complete the subdivision, even with an <br /> administrative extension, expired in August 2008. Notwithstanding this delay, <br /> please note that tentative subdivision approval was timely secured on August <br /> 13, 2005 (Exhibit E) <br /> However, the Applicant is unaware ofthe reasons) the former owner did not <br /> proceed to fulfill the conditions of the tentative approval. Inasmuch as the <br /> Applicant acquired the property through a foreclosure proceeding, it can only <br /> surmise that.f nancing could have been a factor. <br /> Nonetheless, the Applicant intends to maintain and reflect these easements and <br /> setbacks in its subdivision submittal_ Construction plans will be prepared to <br /> incorporate those requirements as well. <br /> Should the time extension or new rezoning ordinance be approved, the <br /> Applicant intends to immediately submit its subdivision application to the <br /> County. As the construction plans need to be prepared, the Applicant hopes to <br /> begin making the required improvements by early next year and secure final <br /> approval shortly thereafter. <br /> E. "Restrictive covenant(s) in the deeds of all the proposed agricultural lots <br /> fronting Kaloko Drive shall specify and uphold the easements and setbacks set <br /> forth in Condition D. The restrictive covenant(s) shall also specify that, <br /> including the area comprising the forest reserve easements described in <br /> Condition D, no less than sixty-seven percent (67%) of the entire lot area shall <br /> be retained in forest. A copy of the proposed covenant(s) to be recorded with <br /> the Bureau of Conveyances shall be submitted to the Planning Director for <br /> review and approval prior to the issuance of Final Subdivision Approval. [A <br /> copy of the approved covenant(s) shall be recited in an instrument executed <br /> by the applicant and the County and recorded with the Bureau of <br /> 3 <br />