CHC 1979-04-03 - Laserfiche WebLink

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MS. ISBELL: I think you would have to use what they have on the books already. If you use today' s value it would put me right out of my house. I prefer you didn ' t. MR. ISHIDA: I understand that. I think the predicament is that you are concerned that the property values, especially in West Hawaii , have increased too immensely. That the amount is out of sight. If we used those values, probably it would not solve the thing about which you are concerned. So would you have any type of suggestion as to what we should consider? MS. ISBELL: The ones that are on the books right now because I don ' t think that we can step backward. I don ' t think the county would allow that but I do think that if you start'_ at what it is right now it is a step. Maybe you should have an expert do it, I really don ' t know. I hope it isn 't too high. I don ' t know if all of you realize what is happening in Kona. Maybe you all do and it is just redundant but it is a frightening thing. It is really frightening. I was talking to a young girl who just got an FHA approved loan and she can ' t find a piece of property to go with it. They 've also, as you know, been working on a legislative bill which would allow for low payments at first with low interests so that as your salary improves then the payments would go up so that during your less-,productive years you would be able to afford to buy a home. That is very nice except you can ' t make a down payment. You can 't find a piece of property you can afford even at a low price right now, at a low payment. It is that bad. I challenge you to come to Kona and try to find a piece of property. Try to build a house. In fact, if you don ' t have a good heart I suggest you stay home. MR. TRULSON: Ms. Isbell , I have one question on Part 4. When you discussed this provision , did you take into consideration that should this pass or be part of the charter and a councilman does select somebody to take his place while he is ill and should that councilman die, then would you revert back to Section 3-5? MS. ISBELL: Yes, then you would have to follow the charter. This is only for interim appointments for someone who comes back to life again. He is able to represent your district. MR. SCHUTTE: Ms. Isbell, back again to that property tax. You made some remarks about the way the honorable Elmer Carvalho handles the County of Maui and that we should take some expertise, possibly, from him. MS. ISBELL: I was talking about the hotels having to be responsible for building employee housing. - 15 -