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HomeMy WebLinkAboutBIL 353 Draft 01 1998-2000OFFICE INFORMATION ONLY Meeting: Council -October I, 2001 (2000-Lcc'r-fe,rm� Action: Deferred - 2n° reading (never taken back up) Re: Bill 353 (2006ZD07term); Comm. 981; (Hawai`i County Housing Agency) t`t4V-iaas) Passed I" reading December 20, 2000, unanimously. (]Ao 0 -'Loo L.) COUNTY OF HAWAII STATE OF HAWAII BILL NO. 353 ORDINANCE NO. AN ORDINANCE TO AMEND CHAPTER 11 OF THE HAWAI'I COUNTY CODE, 1983 (1995 EDITION) AS AMENDED, TO UPDATE THE IN -LIEU AMOUNT BE IS ORDAINED BY THE COUNCIL OF THE COUNTY OF HAWAI'I Section 1 Findings. Pursuant to Sections 11-4 (c)(1) and i1-5 (c)(2)(A) of the Hawaii County Code, the Hawaii County Housing Agency is seeking to update the in -lieu fee amount Section 2 Chapter 11, Section 11-4 (c)(1), of the Hawaii County Code 1983 (1995 Edition) is amended to read as follows uses. Section 11-4. Requirements for rezonings involving residential (c) Satisfaction of these requirements will be accomplished through the use of the following alternatives (1) Payment of in -lieu fees These fees are calculated by determining the amount of subsidy required to provide housing units affordable to the targeted income groups The in -lieu fee amount, averaged for the various groups to be served, amounts to [$4,720] $11,940 per affordable unit required in [1997] 2000 dollars The in -lieu fee amount may be updated by the County housing agency on an annual basis The in -lieu fee amount shall be calculated based on the lowest, generally available interest rate for a thirty-year fixed mortgage on September 1 of each year. Section 3 Chapter 11, Section 11-5 (c)(2)(A), of the Hawai':_ County Code 1983 (1995 Edition) is amended to read as follows Section 11-5. Requirements for rezoning involving resorts and industrial uses. (c) Satisfaction of these requirements will be accomplished through the use of the following alternatives. (2) In -lieu of the provision of affordable housing units, the affordable housing requirement may be satisfied in the following ways, the value of which shall be based upon a calculation of in -lieu fees for a particular rezoning (A) Payment of in -lieu fees These fees are calculated by determining the amount of subsidy required to provide housing units affordable to the targeted income groups. The in -lieu fee amount averaged for the various groups to be served, amounts to [$4,720] $11,940 per affordable unit required in [1997] 2000 dollars The in -lieu fee amount may be updated by the Hawai'i County Housing Agency on an annual basis The in -lieu fee amount shall be calculated based on the lowest, generally available interest rate for a thirty-year fixed mortgage on September 1 of each year 0959hes( Section 4 Ramseyer format. Material to repealed is bracketed New material is underscored In printing this ordinance, the brackets, bracketed material and underscoring need not be included Section 5 Severability. If any provision of this ordinance, or the application thereof to any person or circumstance, is held invalid, such invalidity shall not affect other provisions or applications of the ordinance which can be given effect without the invalid provision or application, and to this end the provisions of this ordinance are severable Section 6 This ordinance shall take effect upon its approval. INTRODUCED BY 4c. h.- A5 wA5 /. COUNCIL MEMBER, COUNTY OF HAWAI'I Hilo, Hawai'i Date of Introduction• Date of ls` Reading Date of 2°a Reading: Effective Date REFERENCE. Comte, 981 0959hest