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the homeowner exemption of $120,000 but the 3% CAP starts with the base year of 2022. <br />Mr. Harano seconded the motion. Motion passed by a vote of 3:0. <br /> <br />CASE #45006 – NEDUNGADI, ASHOK <br />TMK 5-9-013-060-0000 <br /> <br />The appellant was not present. Present for the County was Appraiser, Hoku Manning. <br /> <br />The parcel is a 3.301 acre property located In Kohala Ranch. <br /> <br />The land value is under appeal. <br /> <br />The County presented their case which included the appellants paperwork submitted at the time <br />of appeal. County requested the land value of $221,200 be sustained. <br /> <br />Mr. Okumoto move to sustain the County’s land value of $221,200 as the appellant has <br />not proven that the assessed value of the property exceeds by more than 20% the ratio of <br />assessment to market value. Ms. Blancett-Maddock seconded the motion. A call for <br />discussion was made. Mr. Harano stated the comparables County provided supports the <br />County’s value. Motion passed by a vote of 3:0. <br /> <br />ANNOUNCEMENTS <br /> <br />No announcements were made. <br /> <br /> <br />ADJOURNEMENT <br /> <br />Meeting was adjourned at 12:40 p.m. <br /> <br /> <br /> <br />Respectfully Submitted, <br /> <br /> <br /> <br />Lisa Miura <br />Real Property Tax Administrator (filling in as Tax Board Clerk) <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />