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HomeMy WebLinkAboutCOM 0751.000 2004-2006 SidneyFuke, Planning Consultant J9 100 Pauahi Street, Suite 212 - Hilo, Hawaii 96720 • Planning • Variance - Zoning Telephone: (808) 969-1522 - Fax: (808) 969-7996 • Subdivision • Land Use Permits E-mail: sidfuke@verizon.net • Environmental Reports January 4, 2006 Mr. Christopher Yuen, Director sV Planning Department' COUNTY OF HAWAI'I cou"'y C0uncu----•rs 101 Pauahi Street Hilo, HI 96720 Dear Mr. Yuen: Subject: Impact Fee - Ordinance No. 02-95 (Bart Cahoon) TMK: 7-3-05: 97 (SUB 2003-0144) As you may be aware, the County Council recently passed Resolution No. 179-05 authorizing the acquisition, through its power of eminent domain, of a strip of land, identified by TMK: 7-3-005: 102. This strip is desired to provide a connection between 'Ili ili Street and Kiekie Street. It is jointly owned by MACA, Inc. (Mr. Bart Cahoon) and Morris Ignatius Scanlan, Trustee. Condition H of the subject rezoning ordinance required the applicant to make improvements to this road lot and subsequently convey its interest in the land and improvements thereon to the County prior to receipt of final subdivision approval. Condition N also provides for the applicant to receive road and traffic improvement impact fee credit for this effort. Mr. Cahoon's 7-lot subdivision, as identified above, is nearing receipt of final approval. Because of water limitation, the remaining 8 lots (total of 15 lots) would be subdivided later. The construction plans have been approved, and Mr. Cahoon intends to construct rather than bond the required improvements. It is anticipated that construction would be completed in about 6-8 months. According to Mr. Cahoon, improvements to the connector road have already been completed. Recognizing the immediate need for this connector road and rather than going through the costly and extensive condemnation process, he is prepared to immediately convey his interest (50%) in this 14,267 square foot parcel to the County in fulfillment of its road and traffic improvement impact fee requirement. The road and traffic improvement impact fee is $4,280 per proposed lot. Based on the projected 15 lots, the fee would be a total of $64,200. The estimated value of his 50% interest in the land (7,134 square feet), based on a conservative value of $15/square foot, would be over $107,000. The cost of the roadway and drywell improvements was about $80,000, of which $40,000 was attributable to Mr. Cahoon. As such, Mr. Cahoon's share would be about $147,000, and that would far exceed the $64,200 of road and traffic improvement impact fee requirement. Comm. No. Ref. To: 40000~ Ref. Date Mr. Christopher Yuen, Director January 4, 2006 Page 2 Accordingly, we respectfully request your acceptance of Mr. Cahoon's conveyance of his interest in parcel 102 as fulfilling the road and traffic improvement portion of impact fee for his proposed 15-lot subdivision. To the extent possible, however, he would also appreciate having the balance applied to other portions of the impact fee requirement. Should this proposal be acceptable, we trust that the County will prepare the appropriate documents for this conveyance. Mr. Cahoon looks forward to helping the County expedite this conveyance. Thank you very much. ML Planning Consultant Copy - Honorable Stacy Higa, Chair, County Council Mr. Lincoln Ashida, Esq. Corporation Counsel Mr. Bart Cahoon