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Page 2 of 2 <br /> drives the development cost higher. A developing farm would have to be non dedicated until it produces tha <br /> necessary X2,000 inwme. The Dill also tloesn't givo much rellof to thu tax payer maingining native forest ac it <br /> will never produce any inwme. <br /> Bill 49 will be an administrative n,ghtmare for the tax omce particularly regarding tl,e Iwuse site under the <br /> dedication. It is conceivable coffee planted to the footprint could produce a very smell bt size (less than the 5,000 <br /> square tract minimum albwed legally). There are no market comparables for small lots other than <br /> remnant sales. <br /> As put forth by Bill Takabo, the pupose of assessing tM house site on ag is to Y.+9 P?irar to the residential lax <br /> payer. 7o be fair to the farmers, they should receive the $5.55Rhousantl homeowner rate on there houses and not <br /> have to pay the current $9.85ithousand, especially if an ag house lot is rated like a residential lot. <br /> In summary, we are opposed to this bill as the uniqueness of farming in a high land cost area such as Kona will <br /> result in major property tax increases. Regardless whether this bill moves forward, farmers shoultl be allowed the <br /> lower homeowner rate for there houses, with our organization seeking wuncll support to attain this. <br /> Thank you for allowing uc tho opportunity to present our position. <br /> Respectfully submitted, <br /> tarry rt. galyd <br /> Kona Farmers Alliance <br /> 2/18/03 <br /> <br /> 50 39t1d OWN L69S9LE 4L~Di E00L/BZ/Z0 <br /> <br />