RES 281 Draft 02 2012-2014 - Laserfiche WebLink

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�1e4• COUNTY OF HAWAII --� �' % •- STATE OF HAWAII ...Of•M►'. -• RESOLUTION NO. 281 14 (DRAFT 2) RESOLUTION AUTHORIZING THE EXEMPTION OF CERTAIN CODE REQUIREMENTS, PURSUANT TO SECTION 201H-38 AND SECTION 46-15 OF THE HAWAII REVISED STATUTES, FOR WEST HAWAII SENIOR LIVING IN NORTH KONA, HAWAII, COVERED BY TAX MAP KEY (3) 7-5-017:005 WHEREAS, on June 01, 2006, Change of Zone Ordinance 06 78 became effective, changing the district classification from agricultural (A-5a) to multiple-family residential (RM- 2.5) on the parcel covered by Tax Map Key (3)7-5-017:005 consisting of 14 acres (the "Property"); and WHEREAS, the Phase 1 Market Study and Rate Analysis by Integra Realty Resources, Inc., reflects that the County of Hawai`i has an unmet demand for skilled-nursing of 463 beds and an unmet demand for assisted living of 438 beds; and WHEREAS, West Hawai`i Health, LLC, the tenant on the ground lease for the Property and the developer of the West Hawai'i Senior Living project (the "Project") on the Property, has secured sufficient water commitments for the Project to construct 96 assisted living residences, 160 skilled nursing and long-term care residences and 35 employee housing apartments for a total of 291 housing units; and WHEREAS, 147 of the 291 housing units of the Project will be affordable in accordance with Section 201H-38 of the Hawai`i Revised Statues ("HRS"); and WHEREAS, West Hawai`i Health, LLC members have responsibly developed and constructed assisted living facilities on Maui and Oahu; and WHEREAS, the Project will be operated by Covenant Retirement, a 125-year old faith- based non-profit organization operating in more than 15 communities across the country; and WHEREAS, West Hawai`i Health, LLC will satisfy the affordable housing requirements of the Project by providing 24 units affordable to families earning less than 60% of median income, 18 units affordable to families earning below 80% of median income, and 105 units to be affordable to families earning less than 100% of median income; and WHEREAS, HRS § 201H-38, in conjunction with HRS § 46-15, allows the County, with approval of the County Council, to exempt affordable housing projects from certain code requirements to facilitate the development of such projects; and WHEREAS, West Hawai`i Health, LLC has requested that the County exempt the Project from certain code requirements to help reduce the cost of producing the affordable housing; and