2007-03-02 TBILLS (2) - Laserfiche WebLink

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which it really is, as I recall, in the middle because there are other properties. So it would connect to nowhere. We required them to build that connector road at no cost to the County. But is that the type of mitigation youre referring to here? Would that have satisfied this? Because while in the future some day when it connects it will help with the traffic, it doesnt address current regional traffic flow, huh? YUEN:Right. That road probably would not count because its not in the General Plan Facilities Map. Its really a local circulation road. Its a good question. And I went through a mental exercise of thinking aboutsome of the rezonings that have gone through in Kona and how they would fit or not fit this ordinance. That one is a little tricky. That one actually would probably fall under the 100 peak trips per hour threshold. WATANABE:Okay. But then assuming it did meet the 100 peak hour, then its either we dont do a project or rezoning of that nature because it would probably meet that,ortheycouldthengetanexemptionbyprovidingtwotimes,whichis40percent-? YUEN:Fortypercentaffordablehousing,right. WATANABE:Fortypercentaffordablehousingatthe120percentofmedian income. YUEN:Exactly. WATANABE:Okay. So that would be the exemption to that? YUEN:Right. WATANABE:Okay, okay. YUEN:So a project that came into the Kailua-Kona area that had no real opportunity to build something that was going to fix the traffic problem and didnt want to wait for the widening to four lanes which might improve the level of service, their option would be were going to do more affordable housing than required under this bill, double the affordable housing. WATANABE:Right, double the affordable. By the way, I appreciated your write- up because it did provide a lot of insight into the various situations and maybe some of the situations the Council themselves werent thinking of, you know, addressing. Cause the Council said, oh, 100 percent of the homes would be 120 percent of median income, but were finding in most cases you cant. So you wind up with half a credit because youre over 120 percent of median income and just between 140 percent of median income by the time you finish the home, which means its impossible to satisfy that. YUEN:Yeah, unfortunately its pretty dubious that a project can be 100 percent affordable and make it on its own as a development. 10EXHIBIT D