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to the Council at this point. Again you know we're, this is a unique situation where the lands are <br /> the State. The County had it blighted, the County's trying to show the leadership to get it <br /> redeveloped yet we don't collect the land lease money, we don't, we don't have direct revenue <br /> coming in to be able to afford an EIS. And so we're stuck in that situation of trying to find the <br /> funding, trying to get it from the State, and we're in this circular loop right now. <br /> TANIGUCHI: Mr. Chair, if I may make a comment, it's, I've been using this term a lot the last <br /> couple months, you know you can do things right or you can do the right thing. Doing things <br /> right is probably following all the steps here; doing the right thing is doing something now. How <br /> do we do it? How can we get it done? I think Mr. Yee pointed out that the County doesn't have <br /> the funds to do the stuff on lands that they don't own. They're not getting any revenue off of <br /> that. The revenue's going all to the State of Hawaii. So, can we get some kind of funding so <br /> that we can start the ball rolling? I think if you look at it that way <br /> ONISHL One point of clarification. So Mr. Yee,you guys don't receive any property taxes <br /> from those properties? <br /> SELF: That's my understanding. <br /> ONISHL And the exemption comes from? <br /> SELF: I think it's because they don't—has something to do with the fact that they don't have <br /> leases. Isn't that correct? Because we <br /> HEIT: Incorrect. Actually they do pay taxes. All properties whether it's a lease or revocable <br /> permit with DNLR pay property tax. <br /> SELF: So on all of the, well we're definitely not getting anything on the property where Uncle <br /> Billy's is currently, right? <br /> HEIT: That you'd have to check with the Real Property Tax office. But if we have a disposition <br /> on, which is a month-to-month permit, they're supposed to be paying the property taxes. That's <br /> the obligation of all the permittees. <br /> SELF: I'll have to check with Real Property Tax because I was under the understanding from <br /> Craig that they weren't collecting property taxes. <br /> YEE: Right. And I would say at the last legislature, the suggestion was for $500,000. The <br /> mayor met half of that along with the Leg working out they would catch the other half. So, you <br /> know, as much as that causes me personally indigestion that we were, the County was going to <br /> put up $250, clearly the County saw a need to, like you said, do what's right regardless. So I, <br /> you know, I think the County went into this Leg session wanting to pay their portion of it. You <br /> know I would argue coming that I've come from property management prior to this job, you <br /> know when you're collecting lease money, land leases and as the asset manager, there are many <br /> things you're saving, you know, an asset fund for—for the replacement or repair of the lands that <br /> you're managing. And so, I have a hard time absolving DLNR of having no responsibility or the <br /> State in having to provide some funding for the EIS. So, from a philosophical standpoint we <br /> were willing to stick at fifty-fifty, and even that wasn't a go for some reason. <br /> Page 7 of 19 <br /> Banyan Drive Hawaii Redevelopment Agency <br /> September 24,2018 Minutes <br />