Laserfiche WebLink
The property has a 7,000 square foot office building located in Hilo on Kilauea Avenue. The <br />property is currently receiving a non profit exemption. Appraiser stated regardless of whether <br />you raise or lower the assessment, taxes are at minimum tax and it doesn’t matter. Appraiser <br />asked if the Board wanted to go forward with the case or just sustain the value. <br /> <br />Ms. Blankett-Maddock moved to hear the case and decide based on merits of the case. Mr. <br />Harano asked the County to proceed. <br /> <br />The land value and building value are under appeal. <br /> <br />The County presented their case and stated recommended to sustain the land value of <br />$416,200 and building value of $1,923,900 based on comparables. County clarified the <br />comparable presented by the appellant is a warehouse building, the purchaser knew there was <br />water damage and as a result paid a lower price. A call for questions was made. <br /> <br />Mr. Harano made a motion to sustain the county’s land value as well as the building <br />value as the appellant regardless will be charged at the minimum tax of $200 per year . <br />(Inaudible comment by Corporation Counsel). Mr. Harano stated the reason for his <br />motion is the appellant did not prove the assessed value of the property exceeds by <br />more than 20% the ratio of assessment to market value and there is no lack of uniformity <br />or inequality resulting from the use of illegal assessment methods or an error in the <br />application of the methods. Ms. Blancett Maddock seconded the motion. A call for <br />discussion was made. Motion passed by a vote of 3:0. <br /> <br /> <br />ANNOUNCEMENTS <br /> <br />The next meeting will be on Tuesday, September 27, 2022 at 9:00 a.m. in the Aupuni Center in <br />Hilo and Wednesday, September 28, 2022 at 9:00 a.m. here in the Aupuni Conference Room. <br /> <br /> <br />ADJOURNEMENT <br /> <br />Meeting was adjourned at 10:31a.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 />