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I <br /> <br /> May 17, 2005 <br /> Hawaii County Council <br /> <br /> Hilo, Hawaii <br /> <br /> Re: Bi1178 <br /> My name is Sue Aronson and am here tbday to support Bill 78 to set aside 2% of real <br /> property tax revenue for a dedicated land protection fund on the Island of Hawaii. <br /> I have lived here for the past 27 yeazs apd have been in real estate for 23 yeazs. I believe <br /> that the increase of values of property here is due to the ever increasing international <br /> demand for what this island has to offerl which is mainly our weather, accessibility, <br /> <br /> pristine natural resources, open space and the friendliness of our island residents. As we <br /> continue to develop our landscape we need to ensure for the protection of our open space <br /> and historical areas. <br /> The income stream from property taxes is the necessazy funding mechanism that will <br /> create a permanent legacy of open space for future generations. Real property continues <br /> to rise in value and we need to implement this funding now. <br /> Our communities desperately needs this bill to be passed and be supported by our county <br /> council and Mayor. Mahalo to all of yqu for your participation in this process. <br /> Sincerely, <br /> Sue Aronson <br /> Realtor <br /> Kona Coast Realty Corp. <br /> 75-240 Nani Kailua Dr. Suite #8 <br /> Kailua-Kona, Hawaii 96740 <br /> Ph: 329-2991 <br /> Comm. No. 1,~g•l39 <br /> Ref. To: Preseet~d <br /> Ref. Date MAY 1 2~~ <br /> <br />