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COM 1060.005 2020-2022
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COM 1060.005 2020-2022
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Last modified
12/6/2022 4:25:06 PM
Creation date
12/6/2022 4:08:17 PM
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Communications
Communications - Type
COM
Communications - Council Term
2020-2022
Communication
1060
Point
005
Author
Aaron S. Y. Chung, Council Member
Communications - Referred To
COUNCIL
Document Relationships
AGE COUNCIL 2022-12-21 2022-2024
(Related To)
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\Council Records\Agendas\2022-2024\Council
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(B) The District Association's costs including administration, legal fees, <br /> accounting, management, office space, office equipment, office supplies, and <br /> insurance; and <br /> (C) Reimbursement of expenses incidental to the creation of the District. <br /> [ �] <br /> The budget in the District Plan accounts for the above incidental expenses; <br /> (11) Establishment of a service area within the District is not being proposed at this <br /> time; <br /> (12) The rate and method of apportionment pursuant to which the first year's special <br /> assessment is to be levied is as follows: <br /> (A) [Parcels <br /> and] Commercial parcels of land within Zones 1, 2, and 3, as shown in Exhibit <br /> "B," will be assessed the rate of$1.50 for every $1,000 of"Total Net Taxable <br /> Value" of each parcel of land, as indicated on the County of Hawaii Real <br /> Property Tax Assessment list prepared for the tax year corresponding with the <br /> applicable tax year, except for the first assessment year which is assessed on a <br /> pro-rata basis from the date of the District's establishment. "Total Net Taxable <br /> Value"means the total assessed value of a parcel of land assessed by the real <br /> property tax office of Hawaii County, including the assessed value of any <br /> improvements on that parcel of land, less applicable exemptions; <br /> (B) The following parcels of land shall not be levied special assessments; <br /> (i) Parcels of land owned by the United States, the State of Hawaii, and <br /> the County of Hawaii; provided, however, that property and leases of <br /> government property subject to real property taxation under sections <br /> 19-84, 19-85, and 19-86, Hawaii County Code, shall be assessed under <br /> this District Plan; and <br /> (ii) [Pafeels of land that are exempt from the payme.n.l. offeal.pfope.—tytwEes <br /> purposes, but only so long as seeh pafeels are exempt,ffofn the payment <br /> of real pr,,,..efty*^vn a ] All residential parcels within the District, <br /> and active homeowner or affordable rental exemptions on file with the <br /> County; and <br /> [(iii) Pafeels of!and thfft afe exempt ffom the payment of feal pr-ope.11 <br /> as set fafth in ehaptef 239, 14awai'i Revised Sta4utes, btA only so long as <br /> ] <br /> Pursuant to section 35-20, Hawaii County Code, the Council's determination <br /> of the reasonableness of the rate and method of apportionment shall be final <br /> and conclusive; and <br /> 3 <br />
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