[§302A-1607]  Impact fee:  construction costcomponent – determining the cost per unit.  (a)  The construction costcomponent of the school impact fees shall be calculated using the followingfactors:

(1)  For new school construction, the cost per studentfor each school type (elementary, middle or intermediate, and high school) isbased on the ten-year average construction of a new school facility using the Honolulu assessment district in 2006 as the base.  Costs for construction completedearlier than 2006 shall be escalated to 2006 using the engineering news-recordconstruction cost index;

(2)  For expansion of existing school facilities, thecost per student for each school type (elementary, middle or intermediate, andhigh school) is based on the ten-year average construction of whatevercomponents are required to expand the school using the Honolulu assessmentdistrict in 2006 as the base;

(3)  The cost per student in other assessmentdistricts shall be the cost per student in the Honolulu assessment districtmultiplied by the appropriate cost factor in subsection (c).  At least everythree years, the department shall update the cost per student based on theconstruction of a new permanent school facility, and present the writtenanalysis to the board for review; and

(4)  Student generation rates, as defined in section302A‑1602.

(b)  The student generation rate for eachschool type (elementary, middle or intermediate, and high school) shall bemultiplied by the cost per student for each school type (elementary, middle orintermediate, and high school) to determine the cost/unit in the development.

(c)  The State shall be divided into thefollowing twenty-six geographically limited cost districts:

Cost District School District Cost Factor

Honolulu Honolulu 1.00

Ewa Leeward/Central 1.00

Wahiawa Central 1.05

Waialua Central 1.10

Koolaupoko Windward 1.00

Koolauloa Windward 1.00

Waianae Leeward 1.10

Hilo Hawaii 1.15

Puna Hawaii 1.20

Kona Hawaii 1.20

Hamakua Hawaii 1.20

South Kohala Hawaii 1.20

North Kohala Hawaii 1.25

Pohakuloa Hawaii 1.25

Kau Hawaii 1.30

Wailuku Maui 1.15

Makawao Maui 1.25

Lahaina Maui 1.30

Hana Maui 1.35

Molokai Molokai 1.30

Lanai Lanai 1.35

Lihue Kauai 1.15

Koloa Kauai 1.20

Kawaihau Kauai 1.20

Waimea Kauai 1.25

Hanalei Kauai 1.25

(d)  At least every three years, and concurrent withany update of the costs per student, the department shall update the revenuecredits and present the written analysis to the board for review.  Thecalculation of revenue credits shall be reviewed and calculated recognizingthat the impact fee shall be set at one hundred per cent of the fair marketvalue of the land and ten per cent of the total school construction cost.

(e)  The construction cost component of theimpact fees per dwelling unit shall be ten per cent of the amounts calculatedaccording to the following formula:

Cost per dwelling unit from [subsection (b)]minus any amount by which the revenue credit per dwelling unit from subsection(d) exceeds ninety per cent of the per unit construction cost.

(f)  The amount of the fee shall be increasedfrom the date it was determined to the date it is paid using the engineeringnews-record construction cost index, or an equivalent index if that index isdiscontinued.

(g)  Any new residential development shall berequired to obtain a written agreement between the owner or developer of theproperty and the department, under which the owner or developer has agreed to atime specified for payment, for its school impact fee construction costcomponent prior to the issuance of the building permit. [L 2007, c 245, pt of§2]