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<br /> Murashige, Laura <br /> From: JAIELLO@co.hawaii.hi.us <br /> <br /> Sent: Tuesday, September 06, 2005 9:02 AM <br /> <br /> To: cou nciltesti mony @co. hawaii. h i. us <br /> <br /> Subject: FW: Bill 123 -KPC Villages, LLC <br /> - <br /> PC-KPC Villages.doc <br /> Laura, I'm forwarding this email from Charlotte. You may have received it <br /> from them already. <br /> -----Original Message----- <br /> From: Paris, Charlotte <br /> Sent: Tuesday, September 06, 2005 8:19 AM <br /> To: Aiello, Jeanette <br /> Subject: FW: Bill 123 -KPC Villages, LLC <br /> -----Original Message----- <br /> From: Bob Ward [mailto:rgward007@hawaii.rr.com] <br /> Sent: Monday, September 05, 2005 4:10 PM <br /> To: Hoffmann, Pete; Pilago, K. Angel <br /> Subject: Bill 123 -KPC Villages, LLC <br /> Aloha Council Members, <br /> You may remember me as one of the newer members of the Hawaii County <br /> Transportation Commission. Since we have a mutual concerns in improving the <br /> development process and supplying needed infrastructure in West Hawaii, I <br /> thought you might have an interest in my attached testimony. I believe that <br /> a Partnership using some form of Enterprise Funding is essential to help <br /> close the gap on our infrastructure deficit. <br /> Unfortunately, I do not have all of the financial data available. A <br /> rough estimate of property taxes using only 22 additional (beyond the <br /> current allowable) units at $5,000 per year each, and a possible $40,000 <br /> from the commercial area would yield $150,000 per year. Wth allowances for <br /> interest, improvements and assessment changes, this could be $1,500,000 over <br /> ten years. This is the same amount that Public Works budgeted for the road. <br /> More adjustments could be made to the number of years or even the number of <br /> units to be considered. <br /> Leveraging future taxes that the County would not otherwise receive <br /> unless the development is built, to provide infrastructure that is needed, <br /> but might not otherwise be provided in time, is a concept that I strongly <br /> support. <br /> Robert Ward <br /> Comm. No. ~O L•T <br /> Ref. To: Preisd~l <br /> 1 Rof. [safe ~F P 7 ~nn5 <br /> <br />