AGE COUNCIL 2024-02-21 2022-2024

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Hawaii County Clerk 02/15/2024 10:29:21 AM Hawaii County Council-32 February 21,2024 BILLS FOR ORDINANCES (FIRST READING) Bill 120: AMENDS CHAPTER 19 OF THE HAWAII COUNTY CODE 1983 (Draft 2) (2016 EDITION, AS AMENDED) BY ADDING A NEW ARTICLE RELATING TO A REAL PROPERTY TAX STABILIZATION PROGRAM Establishes a fixed-rate property tax stabilization program for property owners who are at least 85 years old that utilize the property as their principal residence, and the property has a net taxable real property value of less than $2 million. Reference: Comm. 674.3 Intr. by: Ms. Evans Negative: FC-140 (Due to a vote of 3-ayes, 4-noes, 2-absent) Bill 128: AMENDS CHAPTER 11, ARTICLE 1, SECTION 11-15, OF THE HAWAII (Draft 2) COUNTY CODE 1983 (2016 EDITION, AS AMENDED), RELATING TO TRANSFER OF EXCESS AFFORDABLE HOUSING CREDITS Requires developers of affordable housing projects to obtain approval from the Housing Administrator prior to initiating the transfer of excess affordable housing credits and that the Housing Administrator validate any such transfer upon its completion. Reference: Comm. 695.2 Intr. by: Mr. Inaba and Ms. Kimball Approve: PCPLUD-8 Bill 129: AMENDS ORDINANCE NO. 23-50, AS AMENDED, THE OPERATING BUDGET FOR THE COUNTY OF HAWAII FOR THE FISCAL YEAR ENDING JUNE 30, 2024 Appropriates revenues in the State Grants—Transit-Oriented Development Capital Improvement Projects for Kukuiola Village 9 account($400,000); and appropriates the same to Transit-Oriented Development Capital Improvement Projects for Kukuiola Village 9 account. Funds would be used to support the assessment, design, and feasibility of low-income affordable housing in a portion of Kukuiola Village 9 in North Kona. Reference: Comm. 703 Intr. by: Mr. Kaneali`i-Kleinfelder(B/R) Approve: FC-141 Page 7