2007-10-05 TVOLCANO - Laserfiche WebLink

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LIM: Thank you, Mr. Chairman. GRAHAM: And you may go ahead, Mr. Lim, and give your name and address, please, as you begin. LIM: Thank you. Steven Lim from Carlsmith Ball representing Volcano Fairways Development Corporation. Seated to my right is Mr. Richard Henderson who is a principal of the applicant. The project here has been before the County for the last 12 years now. What happened, and with respect to some of the questions raised, the floral and fauna study I don’t believe a formal, you know, study that you see now days was conducted. This was an area that was previously graded. And we’ve passed out, I don’t know if we’ve passed out pictures to you of the subject area showing the already constructed infrastructure. Jeff will be passing them out now. As you come off of the main highway and come in towards the subject property, the golf clubhouse is located on the right. On both sides of the road in that olive green, I guess it is, are the golf course and the golf course holes. So separating the project area from the National Park zoning is the golf course; and I think you’ll be able to see some of that in those photos. GRAHAM: Thank you, Mr. Lim. LIM: Essentially what we’re here for is a request to amend the Zoning Ordinance to allow additional time to obtain final subdivision approval. Since the last timeframe ran out, the reason why that occurred was the project was very close to going for its final financing, the market at that point in time fell through the floor, lost financing, and the, one of the principals, Greg Hall, who was working on the project passed away. And so there were a lot of things that fell through the cracks. So over the past two years, Mr. Henderson has been working to get the project back up to speed. We’ve finished completion of all the infrastructure and the Department of Public Works has approved that infrastructure. We then entered into an affordable housing agreement with the County anticipating that we would be required to follow the 20 percent that is currently available now; and so we’ve done that with the Office of Housing and Community Development. And this is the last remaining item before we go for a final subdivision approval. We’ve already posted the bonding agreement for the subdivision; and so we’re asking for your support in extending the time to obtain final subdivision approval. GRAHAM: Thank you. Mr. Henderson, if you have any comments, and give your name and address first, please. HENDERSON: Yeah, I’m Richard Henderson. I live at 1101 Waianuenue Avenue, Hilo, Hawaii. And this has been a long drawn-out project. Originally the property was developed by Ernie Kai, the 1, 2, 3, and 4 unit was the original subdivision. He got into trouble and we bought the subdivision from him. It was a Bishop Estate leasehold. So in the process of acquiring the property, we went to the Bishop Estate and we bought the EXHIBIT B 4