2009-06-30 TPALAMANUI - Laserfiche WebLink

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The changes IÓve described donÓt involve the County releasing Palamanui from any of the conditions. These are really, for the roads, these have to do with getting the deadlines tied to residential development, which is really the heart of this proje We have submitted an updated traffic report. Until we can get R th capacity on the road connectors to handle this project. By the time we hit the 600 unit, weÓre still going to have that capacity to provide adequate access in and out of the project. Our traffic analysis has not relied at all on any access through Makalei Drive. So in terms of the project up to 600, we should be okay as far as access is concerned. We have requested that some conditions be removed that would effectively prevent us from proceeding with the MCX zone property because those were tied to building permits for the residentials. Those, we know, must be removed or we canÓt market those lots down below, and that is really the cash flow we need to show that we have the ability to take care of the financing that we need to start this project. And I believe thatÓs what I have for the initial presentation. WATANABE: Okay. Mr. Harris, do you want to add to that? HARRIS: Yeah, I would just like to add one, a little bit of clarification. The project is the same project thatÓs been since we had the zoning three years ago. Our problem -. And weÓve been working diligently on our engineering plans. We have a full roll of plans for the university complex and the first building that weÓre going to build. The residential component is the key, and we are going ahead with the residential component. The reason we want the mixed condition deleted, Condition N, is that itÓs just a kind of a practical, technical problem. We have for instance a market that wants to go in in the village center, right, near the university building; once we get Road 1A and Road 2 built, the circulation will be good in there. The condition Î is that M, itÓs N Î says that we need, thatÓs a 20,000-square foot market, it says we need 30 houses built at the time before we can build that 20,000-square foot grocery store; that, we canÓt promise that we will have 30 houses built then. So thatÓs the, you know, the link-up that we, itÓs an escrow kind of a killer, a lawyer issue, and we need to get rid of that. And the same is true down in the Business Park; we have a hardware store that would like to go in there, but they canÓt build their building unless we have so many houses. And a solar supply store. And a number of other people who are interested in are mostly local businesses. So we would, you know, we are not trying to wiggle out of building housing Î the key to this project is a mixture of housing, affordable and all types Î but we are just trying to remove those onerous conditions. And the addition of MCX is the same thing; it allows us to put distribution wholesaling in the Business Park. The last point IÓll make is that there has been talk that we are asking for changes in setback on Queen K. Highway, which is not correct. WeÓre just, itÓs the 800-foot buffer open space; thatÓll remain. The Business Park, as you can see there, the first 70 a you are in there -. For instance, the guy with the solar supply store, he has mostly distribution and wholesaling; however, he has a good retail business as well as a hardware store, and so for him to have to push back an additional 700 feet from the 800 and to be retail, that puts him at 1,500, and itÓs just complicates it for the real world. Basicaliness park, itÓs a mixed EXHIBIT B 7