Council Bill 324 Draft_2008 - Laserfiche WebLink

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(2) To pay debt service on any portion of any current or future general obligation bond or revenue bond that was used to create capacity of the type reflected in the title of the account that will be available to serve development occurring after the effective date of this chapter; (3) For refunds as described in section 36 -16; or (4) For post - ordinance credits as described in section 36 -17. (b) The monies in each impact fee account shall not be used for the following: (1) Rehabilitation, reconstruction, replacement or maintenance of existing facilities; or (2) Ongoing operational costs. (c) Monies of each impact fee account shall be used in accordance with the capital improvements program established by the planning department and in compliance with the community development plan of each district, when available, and approved by the County council. (d) The sub -area benefit zones are hereby created and consist of the following aggregations of judicial districts: (1) North Kohala /South Kohala; (2) North Hilo /South Hilo and Hamakua; (3) Puna; (4) Ka`u; and (5) North Kona /South Kona. (e) with the exception of solid waste, up to twenty percent of the impact fee revenues collected within a benefit zone may be used to fund improvements located adjacent to the benefit zone in which the fees were collected, provided that the County council makes a finding that the improvement will provide significant benefit to new development in the collecting zone. For solid waste impact fees, the percentage shall be forty percent. (f) Five impact fee improvement plans per each sub -area benefit zone are created, as follows: (1) North Kohala /South Kohala benefit zone: (A) North Kohala/South Kohala road impact fee improvement plan; (B) North Kohala/South Kohala park impact fee improvement plan; (C) North Kohala/South Kohala fire/EMS impact fee improvement plan; (D) North Kohala /South Kohala police impact fee improvement plan; and (E) North Kohala /South Kohala solid waste impact fee improvement plan.