HomeMy WebLinkAboutCOM 0927.013 2004-2006
75-143 Hualalai Road, Suite 202
Kailua-Kona, Hawaii 96740
(808) 326-4675 Fax (808) 329-3779
alan(ajwestprodev.com
WRITTEN TESTIMONY OF ALAN DICKLER IN RESPONSE TO RESOLUTION 381-06
JUNE 20, 2006
While it would be easy to dismiss this testimony because we are developers, please understand
that first and foremost we are residents living in Kona and we experience the same frustration as
the public in general. However we do not believe the proposed resolution is the prudent route to
any solution to the on going problems of traffic or affordable housing.
This Council has made great strides with the amendment to Chapter 25 with respect to Affordable
Housing in early 2005. The benefits to the Community are just now starting to manifest
themselves in new projects and responsibilities to developers planning new projects. One of the
key ingredients to making Chapter 25 work is the ability of Affordable developers to sell credits
to offset construction costs. With the potential of no new projects having the responsibility to
provide qualified units there will be less opportunity for Affordable developers to make economic
sense of building new housing.
Secondly, as all of you are painfully aware, the process to get from conception to construction is
arduous, costly and time consuming. Some affordable projects are just now ready to come before
the County for approval that will get unnecessarily delayed if this action is implemented.
Finally, the business community in general depends on both local and national banks to finance
day to day operations. The passage of this resolution by the Council or continued discussions that
are perceived as anti-business will have detrimental effects on the ability for business to get
favorable financing from institutions because of the perceived additional risk to business.
Tll,Vk you for the opportunity to submit this testimony. I am available to discuss any of these
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