Loading...
HomeMy WebLinkAboutRES 279 Draft 01 1998-2000 COUNTY OF HAWAII STATE OF HAWAII RESOLUTION NO. 279 00 A RESOLUTION AUTHORIZING THE MAYOR TO EXECUTE CANCELLATION OF AN APRIL 29, 1993, AGREEMENT WITH KAMEHAMEHA INVESTMENT CORPORATION, AS AMENDED ON NOVEMBER 24, 1999, AND TO EXECUTE A NEW AGREEMENT TO SATISFY THE AFFORDABLE HOUSING REQUIREMENT FOR BAYVIEW ESTATES AT KEAUHOU. WHEREAS, the Kamehameha Investment Corporation (KIC) is the owner of approximately 19.388 acres of land at Keauhou I, North Kona, Hawaii, identified as Tax Map Key: 7-8-10: por. 50 & 7-8- 11: 6 (Property); and WHEREAS, on January 22, 1992, the County Council adopted Ordinance No. 92-9, which rezoned the Property from Unplanned (U) to Single Family Residential (RS-15); and WHEREAS, Condition H of the Change of Zone Ordinance 92-4 requires that KIC work with the Office of Housing and Community Development to formulate a housing plan for the development; and WHEREAS, on April 29, 1993, the County entered into an agreement with KIC to satisfy Condition H of Change of Zone Ordinance 92-4 for the Property; and WHEREAS, on November 29, 1994, the County amended the agreement with KIC to satisfy Condition H of Change of Zone Ordinance 92-4 for the Property; and 0932hest WHEREAS, Section 11-8 of the Hawaii County Code provides that any affordable housing condition or portion thereof in a prior rezoning ordinance which has not been fully satisfied as of the effective date of this policy may be re-assessed, to the extent it has not been fully satisfied, pursuant to this policy [Section 11-8 Hawaii County Code] upon the initiation of the person or entity which is legally required to satisfy such condition; and WHEREAS, the existing affordable housing agreement with KIC was not fully satisfied as of January 7, 1998, the effective date of the policy; therefore Section 11-8 of the Hawaii County Code applies; WHEREAS, KIC has submitted a request to adjust the in-lieu fee amount from a 11 units at $18,000 per unit to 6 units at $4,720 per affordable unit; NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE COUNTY OF HAWAII that the Mayor is hereby authorized to execute cancellation of the agreement dated April 29, 1993, as amended on November 29, 1999, with Kamehameha Investment Corporation which would be superseded under a new agreement with Kamehameha Investment Corporation. BE IT FURTHER RESOLVED, that the Mayor is hereby authorized to execute an agreement with Kamehameha Investment Corporation 0932hest to satisfy Condition H of Change of Zone Ordinance 92-9, dated April 29, 1993. BE IT FURTHER RESOLVED, that a copy of this resolution be transmitted to the Office of Housing and Community Development, the Planning Department and Kamehameha Investment Corporation. Dated: Hilo, Hawaii, this 26th day of July 2000. INTRODUCED BY: COUNCIL E BER, COUNTY OF HAWAII COUNTY COUNCIL ROLL CALL VOTE County of Hawaii AvES Noes ABS EX Hilo, Hawaii ARAKAKI g CHUNG g I hereby certify that the foregoing RESOLUTION was by ELARIONOFF X the vote indicated to the right hereof adopted by the COUNCIL of the JACOBSON X County of Hawaii on July 26, 2000 LEITHEAD-TODD X ATTEST: PISICCHIO X / SMITH X TYLER X YAGONG X ~ 6 1 2 0 OUNTY CLERK CHAIRMAN & PRESIDING OFFICER Reference: C-841 RESOLUTION NO. ~r~9 OQ 0932hest