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2012-06-07 Windward Transcript HI Island Bd. of Realtors
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2012-06-07 Windward Transcript HI Island Bd. of Realtors
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<br />AU: Mr. Chairman? <br /> <br />KERN: Commissioner Au. <br /> <br />AU: In the event that this rezoning is approved with us and then the County Council, and then you go <br />along and you do your, you guys have your place of business, and the neighbor builds a house, are you <br />willing to accommodate them and put up some shrubs and trees, and maybe a fence? <br /> <br />MELROSE: I think what we are willing to say at this point is that by, at an absolute minimum we will <br />meet the landscape requirements. That those are, there is a requirement to landscape the size of a <br />residential facility. I think that the Board of Realtors will, prior to them building a home, build some <br />additional shrubbery around the back edge of the property. It's a very quiet edge of the property. So, <br />you know, whether we go above and beyond what the Code requires, I don't know that I could commit <br />that at the moment. But I think that the intention is to be a sound, to create a sound and visual barrier <br />along the side, which is the intention of the Code. <br /> <br />ONO: One more question, Chair. <br /> <br />KERN: Commissioner Ono. <br /> <br />ONO: The letter was referring to the loss of value of her property. And I am not a real estate person <br />so I need to ask. When you develop a commercial property, doesn’t that increase the value of the <br />property or does it really lower the value of the neighboring property? <br /> <br />MELROSE: You know, I think that’s a relative circumstance. I think that if you bought it for a <br />residential purpose, which is what this person said they had bought the property for, I don't, I mean I <br />think if Burger King moved in next door that might have an impact on the value of the property. A <br />quiet office is operating, you know, doesn't have students renting it and playing music loud at night -- <br />and which is the other use that the building has been in for some period of time -- is actually, would be <br />a substantially quieter use. And it is in an area where the high density in the General Plan prevails and <br />that other properties along this have been moving into these kinds of commercial uses, the dialysis <br />facility most recently I think. So, you know, I think they have what they have. I am not sure that the <br />values change in this circumstance. <br /> <br />KERN: Commissioner Ono? <br /> <br />ONO: So in terms of the resident, that resident’s property, would her property tax increase or decrease <br />with the development of your property? I mean, I don't know –. <br /> <br />KRAUS: Her property tax or her value? <br /> <br />ONO: I beg your pardon? <br /> <br />KRAUS: Her property tax or her value? <br /> <br /> 6 <br /> EXHIBIT A <br /> <br /> <br />
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