City incentives for enterprise zones

(a) The city may provide incentives and allow regulatory flexibility as permitted by HRS § 209E-12 only in those enterprise zones delineated by the council pursuant to HRS § 209E-4(a). (b) Local incentives may include, but need not be limited to: (1) Reduction of permit fees; (2) Reduction of user fees; and (3) Reduction of real property taxes. (c) Regulatory flexibility may include but need not be limited to: (1) Special zoning districts; plan review use approvals; zoning district variances, conditional use permits, and special use permits; (2) Permit process reform; (3) Exemptions from local ordinances; and (4) Other public incentives. (d) City incentives for an enterprise zone may apply retroactively; provided that the council authorizes retroactive application of the benefits by resolution. (e) City incentives proposed in an application to the State for an enterprise zone may only be provided upon approval of the application by the governor and provided in accordance with this chapter. Upon approval of a zone and provision of city incentives, such incentives shall continue in effect for any qualified business, subsequent city action to amend or terminate that zone notwithstanding.