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BE IT RESOLVED BY THE COUNCIL OF THE COUNTY OF HAWAII as follows: <br /> 1. Approval and Adoption of Amendment to Director's Report. The Council hereby <br /> approves and adopts the findings and determinations set forth in the Amendment to Director's <br /> Report, including the revised assessment roll attached thereto (the "Revised Assessment Roll"). <br /> The Director's Report and the Amendment to Director's Report shall be read, taken and construed <br /> together one and the same instrument. <br /> 2. Amendments to Resolution No. 264-14. Resolution No. 264-14 is hereby amended <br /> as follows: <br /> (a) All references therein to the Director's Report shall be deemed to mean and <br /> refer to the Director's Report (previously as Communication No. 492.1), as amended by the <br /> Amendment to Director's Report approved and adopted hereby. <br /> (b) All references therein to the Preliminary Assessment Roll shall be deemed to <br /> mean and refer to the Revised Assessment Roll approved and adopted hereby. <br /> (c) Section 2.i of Resolution 264-14 is hereby amended to read in its entirety as <br /> follows: <br /> "i. Maximum Estimated Units of Assessment. The current estimated <br /> maximum number of assessment units within the Improvement District is one <br /> hundred forty five (145). The anticipated assessment is $9,090 per SFE; the <br /> number of SFE's per assessment unit varies based on existing use or zoning, as <br /> specified in the Preliminary Assessment Roll." <br /> (d) Resolution 264-14 is hereby further amended to add a new Section <br /> 2.j, which shall read in its entirety as follows: <br /> "j. Applicable Exemptions. Ten (10) assessment units (representing 32.4 <br /> SFEs) are currently owned by nonprofit organizations that are exempt from <br /> assessment under Section 12-5 of the County Code. Assessments otherwise payable <br /> by such nonprofit organizations shall be borne by the County unless and until the <br /> assessment units are sold or leased to persons or entities that are not eligible for this <br /> exemption." <br />