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HomeMy WebLinkAboutCOM 0152.001 2020-2022 COM V32. From: Zachary Van Horn Sent: Sunday, March 14, 2021 1:51 PM To: Council Testimony Subject: Bill 27 - Written Testimony My name is Zachary Van Horn, I'm a senior at Kealakehe High School, and I have lived on the island for over five years in Waikoloa (Elima Lam). In that time, I have come to know many people who own property and some who are even familiar with the non-spec program. As a result,I can understand wanting to remove the program and am therefore in favor of Bill 27. The way I see it,the non-spec program does more harm than good by locking home- owners into a long-term contract with heavy consequences. As with life, it can change, and where the program may have originally set out to encourage homeowners to stay on-island to benefit the community, it now might be pushing them away. I also support this bill because it maintains the freeze on the taxable value of properties for those still in the program (that is, until 2423)_ In this way, the bill will both terminate the program and the undue consequences those in it would have had to face otherwise. Mahalo, /,VII r an, ii i i i i I i i i i 'i 3 i i Ref,ToAAR >Fti ofI F2021 1