Laserfiche WebLink
REPORT OF THE <br /> COMMITTEE ON FINANCE <br /> DATE: September 7, 2011 Re: Comm. No. 326/Res. 129-11 <br /> PLACE: Council Chambers <br /> Hilo, Hawai <br /> rri <br /> TIME: 2:34 p.m. <br /> Council Chair and Members <br /> Hawaii County Council ". <br /> Hilo, Hawai`i 96720 <br /> Your Committee on Finance, to which was referred Resolution 129-11, reports as fo lws: 3 <br /> Resolution 129-11, transmitted by Council Member Pete Hoffmann via Communication No. 326, <br /> dated August 18, 2011, authorizes the Director of Finance To Compromise Real Property Taxes <br /> Owed by Mania Christian Ohana on a Parcel Identified as TMK: (3)6-7-002-065. <br /> Mr. Hoffmann stated the purpose of this proposed resolution is authorizing the Director of <br /> Finance to compromise the sum of$5,520.61, being the amount of taxes scheduled to be paid in <br /> February 2012 on the parcel identified as TMK: (3)6-7-002-065 less the minimum tax of$50.00 <br /> that would be due if the exemption were properly filed. This is in accordance with Section 19- <br /> 3(12), Hawaii County Code. <br /> Department of Finance Deputy Director Deanna Sako appeared before Your Committee. <br /> Ms. Sako commented that any compromise of any earlier and/or upcoming payments over$500 <br /> would have to be included in the proposed resolution such as this one to be approved by the <br /> council. Ms. Sako stated that compromises are rare and the last known to have been approved by <br /> council was in 2005. <br /> Some Committee members express concern that this is setting a precedent for other non-profits <br /> and others seeking similar relief especially during this time of economic crisis. It was further <br /> clarified during discussion that this land parcel was purchased from one non-profit to another and <br /> such extenuating circumstances should be considered for forgiveness. <br /> Your Committee on Finance is in accord with the purpose and intent of Resolution 129-11, and <br /> recommends its adoption. <br /> dkr <br /> AYES NOES A&E EX Respectfully submitted, <br /> BLAS X <br /> FORD X COMMITTEE ON FINANCE <br /> HOFFMANN X <br /> IKEDA X <br /> ONISHI X ✓ , ', <br /> PILAGO X <br /> SMART X BRENDA FORD, CHAIR <br /> YAGONG X FC REPORT NO. 103 <br /> YOSHIMOTO X ADOPTED: SEP 21 2011 <br />