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



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



(2)  For expansion of existing school facilities, the
cost per student for each school type (elementary, middle or intermediate, and
high school) is based on the ten-year average construction of whatever
components are required to expand the school using the Honolulu assessment
district in 2006 as the base;



(3)  The cost per student in other assessment
districts shall be the cost per student in the Honolulu assessment district
multiplied by the appropriate cost factor in subsection (c).  At least every
three years, the department shall update the cost per student based on the
construction of a new permanent school facility, and present the written
analysis to the board for review; and



(4)  Student generation rates, as defined in section
302A‑1602.



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



(c)  The State shall be divided into the
following 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 with
any update of the costs per student, the department shall update the revenue
credits and present the written analysis to the board for review.  The
calculation of revenue credits shall be reviewed and calculated recognizing
that the impact fee shall be set at one hundred per cent of the fair market
value of the land and ten per cent of the total school construction cost.



(e)  The construction cost component of the
impact fees per dwelling unit shall be ten per cent of the amounts calculated
according 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 increased
from the date it was determined to the date it is paid using the engineering
news-record construction cost index, or an equivalent index if that index is
discontinued.



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