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Hawaii County Council-46 Page 5 October 20, 2004 <br /> BILLS FOR ORDINANCES (FIRST READING) <br /> Bill 175 Amends Chapter 19 of the Hawaii County Code 1983 (1995 Edition), Real <br /> (Draft 3): Property Taxes, Relating to Valuation. {Limits the increase in the market <br /> value of properties in the homeowners class to not more than 3% per tax year <br /> until the property is sold or otherwise transferred. <br /> Re: Comm. 395.1 <br /> Intr. by: Mr. Chung (B/R) <br /> Approve: FC-298 <br /> Deferred: September 15 and October 4, 2004 <br /> and <br /> Comm. 395.2: From Finance Director William Takaba, dated September 10, 2004, <br /> transmitting Bill 175, Draft 4. Draft 4 amends Section 19-53(h) relating to <br /> properties in the non-speculative residential use dedication program; and <br /> Bill 175 Amends Chapter 19 of the Hawaii County Code 1983 (1995 Edition), Real <br /> (Draft 4): Property Taxes, Relating to Valuation; <br /> Intr. by: Mr. Chung (B/R) <br /> Deferred: September 15 and October 4, 2004 <br /> and <br /> Comm. 395.3: From John Totten, dated September 27, 2004; and <br /> Comm. 394.5: From Finance Director William Takaba, dated September 9, 2004; and <br /> Comm. 394.6: From Finance Director William Takaba, dated September 10, 2004; and <br /> Comm. 394.7: From HGEA Hawaii Division Chief Ralph C. Boyea, dated September 73, <br /> 2004. <br /> Bill 176 Amends Chapter 19 of the Hawaii County Code ] 983 (1995 Edition), Rea] <br /> (Dratt 2): Property Taxes, Relating to Nonspeculative Residential Use Assessment. <br /> j Reduces the nonspeculative residential use dedication from ten years to <br /> five years, and reduces the corresponding rollback provisions by five years. <br /> Re: Comm. 394.1 <br /> Intr. by: Mr. Chung (B/R) <br /> Approve: FC-299 <br /> Deferred: September 15 and October 4, 2004 <br /> and <br /> <br /> Comm. 394.6: From Finance Director William Takaba, dated September 10, 2004; and <br /> <br /> Comm. 394.7: From HGEA Hawaii Division Chief Ralph C. Boyea, dated September 13, <br /> 2004. <br /> (Note: Please see previous Communication 395.3 for comments relating to Bill 176.) <br /> <br />