PD RECOMMENDATION REPORT (PL-REZ-2022-000033)

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68.837 acres (please note, due to Subdivision No. 18-00185,which consolidated and resubdivided a 1.675-acre portion of Parcel 17 with an adjoining property, the total land area that is subject to this amendment request is 67.162 acres). The last amendment occurred in 2002,which granted a time extension until November 27, 2007,to secure Final Plan Approval for the first phase of the multiple-family residential component within the RM-5 zoned area with its planned completion no later than November 27, 2011. After substantial completion of the Kona Vistas subdivision, the owner lost interest/ability to complete the multiple-family component of the development and sold their remaining land holdings to two Hawai`i-based development entities, KV3, LLC and Kona Three LLC (applicant) in 2015. Upon this purchase,both entities have made a significant financial and time commitment to complete requirements of the ordinance as well as perform additional `soft work' necessary to update and align various studies and previous obligations of the original landowner to be in a position to request additional time to complete the last remaining major residential development component that was originally envisioned by the State Land Use Commission (LUC) and County Council when the entitlements were granted. Furthermore, as the ordinance was stale prior to their acquisition of the properties, the applicant found it necessary to address many project-related, supporting elements needed to be complete to ensure that this time extension request is consistent with the original reasons for granting the original land use entitlements, conforms to current land use policies, and addresses project related impacts in a responsible manner. These `soft- work' elements are discussed further below. The applicant also requests to amend Condition N as follows (material to be deleted is bracketed and struck-through; new material is underlined): N. the roadways and stubout within the RMzoned area, as shown on 'Fi uure 3-Conce2tual Building Layout" in the Final Environmental Assessment- Royal Vistas Housing Project dated September 2021, shall be constructed to dedicable standards with curbs, gutters, and sidewalks meeting with the approval of the Department of Public Works and shall be dedicated to the County of Hawaii upon completion. [Where a ^6 2