2015-03-05 HearingTranscript - Moaniala Holdings LLC REZ 738

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engineering studies that were required and so the time required to complete the project in accordance with the original ordinance, lapsed, and so they had to go in for a time extension. So, when they went in for a time extension back in 2008, there were like in addition to having the extension granted, there were a number of additional conditions that were imposed by the County Council. Some of these conditions included like an affordable housing obligation because back in 1993, when the original ordinance was adopted, there was no specific requirement for affordable housing so, now they had affordable housing, so they, they tacked on an affordable housing. There was also the fair share obligation. And finally, the Council believed that funding was available as the staff had indicated for the Kupulau Street Extension, but that never materialized, but because the, of the anticipation of receipt of the funds then, the Council felt that you know the, that small section within the project area should, the Kupulau Street Extension should be completed you know by the Applicant. So, if you look at the second sheet, the second sheet basically shows like, and which is reflected in the staff’s presentation, you know where the subject property is, you know, it’s all shaded and yellow, and then where the extensions are, you can see the Puainako Street Extension, the one running mauka-makai or north, well up and down the page, and the other one is the Kupulau Street Extension, as well as the Kawailani Street Extension so both the Kawailani and the Kupulau Street Extension bisect only just a small portion of the subject property, and so it was kind of understandable back in 2008 when the Council considered the amendment to require the developer to construct at least that small portion of Kupulau Street Extension. At that time, the developer had agreed to do it because it was not really fully aware of the financial consequence behind making that commitment. As they then proceeded to construct the first phase and doing the bridge costs and then they realized like they can’t really handle it. You know, to, to be responsible for constructing not necessarily that small section of the Kupulau Street Extension on their property more so this commitment of having three, approximately three million dollars worth of, just to build a bridge over the property onto Puainako Street, you know the extension. So, notwithstanding that as we were discussing it with the staff and what, I’m sorry—the third, the third sheet which is also reflected in the, the staff’s presentation, kind of highlights you know the entire project, and then it shows you know in yellow where the Kawailani and the Kupulau Street Extensions are and that area shaded in orange is, are essentially properties that the owners have agreed to relinquish or purchase and set aside and dedicate to the County. One of the orange area is like, would make the Kupulau Street Extension feasible because it goes into the Sunrise Ridge Estates Subdivision. The other one, of course, is like another piece of property that the owner would have to acquire to make the possibility of having the Kūkūau Street Extension feasible. In discussions with the staff, you know, the whole issue related to whether, you know given, you know I think we’ve all have driven along the Puainako Street Extension so the whole idea was you know given the, the function of this Puainako Street Extension, whether you’d really want to have like another major intersection, you know crossing so close to each other. You know, Kūkūau Street is a major intersection and you know hopefully, that will make that connection, and you know then that, that’s already existing. And then to have like another extension, I mean another connection less than, about less than, I guess 6 EXHIBIT A