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conditions beyond those improvements required by Ordinance 02 131, the current <br />estimated development cost of this project is $170 million in 2022 dollars, including <br />County exactions and fees. <br />4. Supportive Information: The applicant has submitted the attached in support of the <br />request (Planning Department Exhibit 1— Change of Zone amendment request <br />accepted June 21, 2022.) <br />5. Landowners: Kona Three LLC. <br />BACKGROUND INFORMATION <br />6. State Land Use Commission Docket A83-549: On January 26, 1984, the State Land <br />Use Commission (LUC) approved Docket No. A83-549 to reclassify 124.66 acres of land <br />from the State Land Use Agricultural District to the Urban District for then petitioner <br />GAMLON Corporation (see Exhibit A of the Application). This Decision and Order <br />(D&O) was amended on May 10, 1993 to reclassify an additional 49 acres from the State <br />Land Use Agricultural District to the Urban District as a second phase. <br />7. Change of Zone Ordinance No. 84 23: On May 15, 1984, the County Council approved <br />Change of Zone Ordinance No. 84 23 which rezoned approximately 103.293 acres of <br />land from Unplanned to Single -Family Residential -15,000 square feet (RS -15) and <br />68.837 acres of land from Unplanned (U) to a Multiple Family Residential -5,000 square <br />feet (RM -5) for then applicant GAMREX, Inc. The RS -15 zoned lands are the site of the <br />Kona Vistas subdivision and the RM -5 Zoned lands are the current project site (see <br />Exhibit B of the Application). <br />8. Multiple Amendments to Change of Zone Ordinance No. 84 23: Between January 18, <br />1988 and November 27, 2002, there were seven (7) amendments to the original change of <br />zone ordinance, which were primarily time extensions to facilitate the development of the <br />single- and multiple -family development. <br />9. Change of Zone Ordinance No. 02 131: On November 27, 2002, the County Council <br />approved the latest amendment to the original change of zone ordinance. This <br />amendment allowed for the plan approval for the first RM increment to be secured within <br />five years, construction to commence within one year thereafter and be completed within <br />three years thereafter (see Exhibit C of the Application). <br />-6- <br />