BIL 055 Draft 02 2006-2008 - Laserfiche WebLink

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(11) The rate and method of apportionment pursuant to which the first year's special assessment is to be levied, is as follows: (A) For each parcel of land within Zone 1, the rate of $1.75 for every $1,000 of "Assessed Value" of each parcel of land, as indicated on the County of Hawaii Real Property Tax Assessment list prepared for the tax year corresponding with the applicable tax year. The rate of assessment applicable to each parcel of land in Zone 1 shall be called "Zone 1 Rate;" (B) For each parcel of land within Zone 2, the rate of thirty-three and one-third percent (33-1/3%) of Zone 1 Rate; (C) For each parcel of land within Zone 1 and Zone 2 that contain a single-family residence or condominium apartment with a homeowner's exemption on file with the Hawaii County real property tax office, at the flat annual rate of $100 or the actual assessment whichever is the lesser amount; and (D) The following parcels of land shall not be levied special assessments: (i) Parcels of land owned by the United States or the State of Hawaii; provided, however, that property and leases of government property subject to real property taxation under Section 19-84, 19-85 and 19-86 of the Hawaii County Code shall be assessed under this District Plan. (ii) Parcels of land that are exempt from the payment of real property taxes under Section 19-77 of the Hawaii County Code because of use for charitable purposes, but only so long as such parcels are exempt from the payment of real property taxes. (iii) Parcels of land that are exempt from the payment of real property taxes as set forth in Hawaii Revised Statutes Chapter 239, but only so long as such parcels are exempt from the payment of real property taxes. Pursuant to section 35-20, Hawaii County Code, (as amended), the Council's determination of the reasonableness of the rate and method of apportionment shall be final and conclusive; and 3