|
that I should comply with the Rule 17.6 which is like between Industrial and Residential use,
<br />okay? But this is all residential here. It’s not change of any use, in the sense. It’s only the
<br />density here. And in my preliminary plan, conceptual plan, I adhered to all the regulations and
<br />codes the best I can. It doesn’t mean that they cannot be more generous. It’s just that I need to
<br />work on it once I know that the, my application for the rezoning is successful.
<br />
<br />Now in terms of property value, in fact I just read it too, five minutes ago. Charlene was saying
<br />that, because, was saying that they are probably, may be affected because it may not be in
<br />uniformity. Okay? Now when I looked at this, and this is really off the top now because I just
<br />read it a few minutes ago, I would agree, depends on what kind of uniformity or lack of
<br />uniformity. Right? If it’s changed from Residential to Industrial, I would say, you know, there’s
<br />not a consistent conformity, therefore their property value will be affected. But here it’s all
<br />residential. So the question is just the density. Now, again, this is just in general, I’m not talking
<br />about specifically this particular location.
<br />
<br />In Urban areas, land, let’s say single family homes, and it’ll probably apply here in Hilo as well but
<br />I’m talking about in general. In general value, okay, the property value of single family homes,
<br />the majority of the value is on land, it’s not on improvement. I’m pretty sure the same here.
<br />Okay? Now that is to say if the density can be increased, the land value will be increased. So
<br />from my experience in the Urban development in the Urban environment, when you have mixed
<br />density those with lighter density that is contiguous to areas of high density, they foresee or
<br />predict in the future they can increase the density, therefore increase the value of the property.
<br />Actually, property value could be increased, not decreased. But I’m not here to argue one way or
<br />the other. I’m just trying to point out, because her letter pointed out there’s a lack of conformity,
<br />therefore their property value will be reduced. But I don’t understand, I mean, that’s not the way,
<br />from my experience, understanding in an urban development. Okay? But there are probably
<br />other things that I’m not able to address at this moment. But I’m certain all of the neighbors will
<br />have plenty opportunities to voice their opinions when I’m able to come up with a more definitive,
<br />final development plan. Thank you.
<br />
<br />ISHIBASHI: Okay, thank you. Any questions for the applicant, Commissioners?
<br />
<br />KANUHA: Mr. Chairman, I have a question. Vincent, you represent that there will be other
<br />opportunities for people who have concerns about your project when you get into your further
<br />design stage. Is that, is that your understanding?
<br />
<br />TAI: Yes, correct. That’s always the case, yeah.
<br />
<br />KANUHA: How is that going to happen? Because from here on, once the zoning goes through
<br />the plan approval process is a ministerial process. There’s no public hearing, there’s no notice,
<br />etc. So how do you propose that these folks who have concerns about the development will have
<br />any input on what you’re going to do?
<br />
<br />TAI: Well, first I didn’t understand that in order to get the final development plan before I go for
<br />4
<br /> EXHIBIT A
<br />
<br />
<br />
|