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Property is located in Puako Beach on the Puako Beach Drive. It is zone hotel/resort and in the <br />residential tax class. The dwelling is 70% complete. <br />The assessed land value and building value are under appeal. <br />Appellant presented his case. County presented their case and recommended sustaining the <br />assessed land and building value. A call for questions was made. <br />Mr. Harano moved to sustain the County's assessed land value but to reduce the building <br />value to $1,100,000. Motion was not seconded, motion failed. <br />Mr. Okumoto moved to sustain the County's values on land and building. Seconded by Ms. <br />Blancett-Maddock. A call for discussion was made. Motion passed by a vote of 4:1 (Harano). <br />OLD BUSINESS: <br />No old business was discussed. <br />NEW BUSINESS: <br />No new business was discussed. <br />ANNOUNCEMENTS: <br />Next meeting scheduled for Tuesday, August 10th at 9:00 a.m. at the Aupuni Center in Hilo. <br />ADJOURNMENT: <br />Meeting was adjourned at 2:17 p.m. <br />Respectfully submitted, <br />5�"c <br />Sherlyn Aronce <br />Real Property Appeals Board Clerk <br />Page 5 of 5 <br />