What is an SMA permit in Hawaii?
Purpose of the SMA Permit The SMA permit was established in 1975 with the enactment of Act 176, known as the Shoreline Protection Act. The SMA permit regulates permissible land uses that are already allowed by land use policies including zoning designations, county general plans, and community development plans.
What is a SMA for land?
The Special Management Area, or SMA, is the area of the island that is in close proximity to the shoreline.
What is special management area in Hawaii?
The special management area shall include those areas of the island of Oahu so designated on the maps; the islands within three miles offshore of Oahu, including but not limited to those islands shown on the maps; and the northwestern Hawaiian Islands, which include Nihoa, Necker Island, French Frigate Shoals, Gardner …
Can you build on preservation land in Hawaii?
With a conservation easement, the owner still owns the land. Depending on the details of the easement, the owner can still build structures and/or engage in agriculture or forestry, even limited commercial or development activities.
What does SMA mean in real estate?
A special memorandum account (SMA) is a dedicated investment account where excess margin generated from a client’s margin account is held. An SMA equates to the buying power balance or excess equity in a margin account, which is money an investor has to buy securities.
What is SMA Maui?
Special Management Area (SMA)
What does SMA stand for in real estate?
How much is a building permit in Hawaii?
The fee for building permits will vary depending on the county in Hawai’i. For frame of reference, the minimum fee for a building permit in Hawai’i County may be $10 for work up to $500 in value and $355 for work up to $50,000 in value.
What is zoning a 1A in Hawaii?
A-20A means agricultural, minimum land area 20 acres. Likewise, A-1A is agricultural, minimum land area one acre. There is one unusual designation: RA, residential agricultural. It combines some of the aspects of both designations.
How much of Hawaii’s land is protected?
According the Hawaii Data Book, there is an approximate total of 4,112,388 acres of land in the State of Hawaii, of which about 48 percent is designated as conservation, 47 percent is designated as agricultural, 5 percent is designated as urban, and less and 1/2 percent is designated as rural.
What is the difference between UMA and SMA?
A separately managed account or SMA holds several investments owned by one investor. The SMA typically has a single investment strategy or focus. Howver, a UMA incorporates multiple strategies across multiple individual investment positions.
What are SMA fees?
The average fee on an SMA is 0.35%. That’s lower than the average fee for a mutual fund, which is 0.68%. There may also be a management fee, however, which is typically 1% of the account’s assets.
What is the special management area of Hawaii?
The Special Management Area, or SMA, is the area of the island that is in close proximity to the shoreline. In establishing the SMA in 1975, the Hawai‘i state legislature found that “it is the state policy to preserve, protect, and where possible, to restore the natural resources of the coastal zone of Hawai‘i,” and, therefore, that
What is the coastal zone management law in Hawaii?
The Office of Planning (OP) administers Hawai‘i Revised Statutes (HRS) Chapter 205A, the Coastal Zone Management (CZM) law. The purpose of HRS Chapter 205A is to “provide for the effective management, beneficial use, protection, and development of the Coastal Zone.” L. 1977, c188 §1.
What is a special management area (SMA) permit?
Special Management Area (SMA) permitting system is part of the CZM Program approved by Federal and State agencies. The SMA permit was established in 1975 with the enactment of Act 176, known as the Shoreline Protection Act. The legislature in enacting Part II of HRS Chapter 205A found that:
How do I contact the Hawai‘i County Planning Department?
If you are uncertain, please contact the Hawai‘i County Planning Department East Hawai‘i Office at (808) 961-8288 or West Hawai‘i Office at (808) 323-4770. Is my property subject to the shoreline setback?