RES 158 Draft 01 2020-2022 - Laserfiche WebLink

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Residential Property in Tax Zone I for which an occupancy permit for private residential use has been issued be increased as a result of delinquency or default by the owner or owners of any other TMK Parcel or TMK Parcels within Tax Zone I by more than ten percent (10.0%) above the amount that would have been levied in that Fiscal Year had there never been any such delinquencies or defaults. 2. Tax Zone 2 At the earliest possible date on which the County Real Property Tax Office is able to provide information to the CFD Administrator regarding the collection of Special Taxes within Tax Zone 1, the CFD Administrator shall determine the total aggregate Special Taxes levied on Final Mapped Property and Undeveloped Property within Tax Zone I that are delinquent. Within five business days after making such determination, the CFD Administrator shall do the following: Step 1: Calculate the Tax Zone 2 Special Tax Requirement. Step 2: If needed to satisfy the Tax Zone 2 Special Tax Requirement, then the Special Tax shall be levied Proportionately on each TMK Parcel of Final Mapped Property in Tax Zone 2 up to 100% of the Maximum Special Tax for Final Mapped Property in Tax Zone 2. Step 3: If additional monies are needed to satisfy the Tax Zone 2 Special Tax Requirement after the first two steps have been completed, then the Special Tax shall be levied Proportionately on each TMK Parcelof Undeveloped Property in Tax Zone 2 up to 100% of the Maximum Special Tax for Undeveloped Property in Tax Zone 2. Step 4: If additional monies are needed to satisfy the Tax Zone 2 Special Tax Requirement after the first three steps have been completed, then the Special Tax shall be levied Proportionately on each TMK Parcel of Taxable Property Owner Association Property in Tax Zone 2 up to the Maximum Special Tax for Taxable Property Owner Association Property in Tax Zone 2. Step 5: For each TMK Parcel in Tax Zone 2 to be taxed, prepare and send a direct bill via overnight delivery to the record owner of such TMK Parcel based on ownership and address information available from the current County Real Property Tax Office tax roll. The Special Tax in Tax Zone 2 shall be due and payable within 30 days from the date of delivery of the direct tax bill. If, within 30 days from the date the direct bill was delivered, payment of the Special Tax levied against a TMK Parcel in Tax Zone 2 has not been received by the County or the CFD Administrator, foreclosure proceedings shall commence immediately against such TMK parcel. The Special Tax shall have the same priority and bear the same penalties and Hawaii County CFD No. 1-2021 13 June 23, 2021