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HomeMy WebLinkAboutMIN FC 2022/04/19 2020-2022 Committee on Finance 33`'d Session West Hawaii Civic Center 74-5044 Ane Keohokalole Highway, Building A Kailua-Kona, Hawaii April 19, 2022 CALL TO The regular meeting of the Committee on Finance was called to order at ORDER: 10:00 a.m., in the Council Chambers, Kona, by Mr. Matt Kaneali`i- Kleinfelder, Chair. ROLL CALL: Present: Mr. Matt Kaneali`i- Kleinfelder, Chair(via videoconference from Hilo) Ms. Heather L. Kimball, Vice Chair Mr. Aaron S. Y. Chung, Member(came in Tater) Ms. Maile Medeiros David, Member Mr. Holeka Goro Inaba, Member Ms. Ashley L. Kierkiewicz, Member Ms. Susan L. K. Lee Loy, Member Mr. Herbert M. "Tim" Richards 111, Member Ms. Rebecca Villegas, Member STATEMENTS The Chair directed the Committee to proceed to the next order of business, FROM THE Statements from the Public on Agenda Items. PUBLIC ON AGENDA ITEMS: The following individuals registered to speak and came forward when called by the Chair: Michael Dolittle: Bill 152 (Comm. 721); and (representing Hawaii Bill 153 (Comm. 722), in support. Island Veterans Memorial) Dick Matsumoto: Res. 291-22 (Comm. 558), in support. David DeLuz, Jr.: Bill 156 (Comm. 739), in support. Garth Yamanaka: Bill 156 (Comm. 739), in support. Kehaulani Acosta: Bill 152 (Comm. 721), Bill 153 (Comm. 722); and Bill 156 (Comm. 739), comment. FC-33 April 19,2022 Brandee Menino: Bill 152 (Comm. 721); and (representing HOPE Bill 153 (Comm. 722), in support. Services) Paul Norman: (representing Neighborhood Bill 152 (Comm. 721); and Place of Puna) Bill 153 (Comm. 722), in support. Patrick Hurney: Bill 152 (Comm. 721); and (representing Habitat for Bill 153 (Comm. 722), in support. Humanity-Hawaii Island) Brenda Ford: Bill 152 (Comm. 721); and Bill 153 (Comm. 722), comment. CHR KANEALI`I-KLEINFELDER: Thank you very much, Mr. Araceley. And thank you to our testifiers for coming in today. Council Members in Kona and for the public, we're going to take a brief recess to work on our computer system for the view. We're not getting good camera views right now. So give us a brief recess and we'll be right back. Thank you. Recess: At 10:32 a.m., the Chair called for a recess. Reconvene: The meeting reconvened at 10:45 a.m. Relinquish Chair: At this time, the Chair relinquished the chair to Vice Chair Kimball. ACTING CHR. KIMBALL: Thank you, Chair Kaneali`i-Kleinfelder. Let the record reflect that I have assumed the chair. And let the record also reflect that we have Council Member Chung with us now. Mr. Clerk, can we begin with Communication 720? COMMUNI- The Chair directed the Committee to proceed to the next order of business, CATIONS: Communications. Change Order As directed by the Acting Chair and with no objection from the Council of Business: Members, the following items were taken out of order: Page 2 FC-33 April 19,2022 Comm. 720: NOMINATION OF CAYLA CRIVELLO TO THE PUBLIC ACCESS, OPEN SPACE, AND NATURAL RESOURCES PRESERVATION COMMISSION From Mayor Mitchell D. Roth, dated March 28, 2022, requesting the Council's review and confirmation. Requires Council Confirmation by: May 11, 2022 (Section 2-215(k), Hawaii County Code) Vote on Comm. 720: Mr. Inaba moved to recommend confirmation of the (Approved) appointment of Cayla Crivello to the Public Access, Open Space, and Natural Resources Preservation Commission. Seconded by Ms. Lee Loy and carried by the following voice vote: Ayes: Committee Members Chung, David, Inaba, Kaneali`i-Kleinfelder, Kierkiewicz, Lee Loy, Richards, Villegas, and Acting Chair Kimball—9. Noes: None. Absent: None. Excused: None. Executive Assistant to the Mayor Pomaika`i Bartolome came forward and provided a brief narrative of the nominee's background and experience. Committee Members spoke in favor of the appointment. Return to Order Acting Chair Kimball directed the Council to return to the order of business. of Business: Comm. 30.26: REPORT OF FUND TRANSFERS AUTHORIZED: MARCH 1 — 15, 2022 From Controller Kay Oshiro, dated March 21, 2022. Vote on Comm. 30.26: Ms. Lee Loy moved to close file on Comm. 30.26. Filed Seconded by Mr. Inaba and carried by the following voice vote: Ayes: Committee Members Chung, David, Inaba, Kaneali`i-Kleinfelder, Kierkiewicz, Lee Loy, Richards, Villegas, and Acting Chair Kimball—9. Noes: None. Absent: None. Excused: None. Page 3 FC-33 April 19,2022 ACTING CHR. KIMBALL: Thank you. Let's move on to Resolution 291-22, please. Res. 291-22 : AUTHORIZES A ONE-TIME, REAL PROPERTY TAX CREDIT IN FISCAL YEAR 2022-2023 FOR ELIGIBLE PROPERTIES IN THE"HOMEOWNER" CLASS Authorizes the Finance Director to issue a $250 credit to be applied to the August 2022 real property tax bill of eligible property owners, except for those who failed to pay any portion of due taxes, properties assessed at the minimum tax rate, or properties sold during taxable year. Reference: Comm. 558 Intr. by: Ms. Lee Loy Postponed: January 4, 2022 (Note: There is a motion by Ms. Lee Loy, seconded by Mr. Richards, to recommend adoption of Res. 291.22.) ACTING CHR. KIMBALL: Thank you, Mr. Clerk. Council Member Lee Loy. MS. LEE LOY: Thank you, Chair. Just to refresh everyone, we put a pin in this back in January. And, you know, at that time this was being advanced when we were $52 million fund balance. And, you know, hearing from community and their ability to get back to work and just the high rising cost of goods and services. And so this was advanced as a way for one; to provide a credit to our families. But more importantly to draw attention from the rest of my colleagues that taxes were going to be coming up and we had to look at our budget. Since that time we've heard concern about the assessed values going up, in addition to a war and some other things that are really affecting members of our community. So I just wanted to refresh everybody where we were at. But also at that meeting the question was raised if this is something we can actually do. Because we've never done it before. We've never provided a credit back to our tax base in any shape or form. And so I also wanted to highlight,just separate and apart. You know, the governor is issuing a $300 rebate. And so there's definitely got to be a way for us to provide some level of relief in ways that we can. And so if I could please call Judge Strance up because the question was asked back in January, is this the vehicle and is this how we do it? I've provided a number of follow up emails for Judge Strance to provide us some guidance and I'm still awaiting that. But now that we're here, Judge Strance, if you could, please? (Note: At this time, Corporation Counsel Elizabeth Strance came forward to address the members of the Committee.) Page 4 FC-33 April 19,2022 MS. STRANCE: Good morning, Elizabeth Strance, Corporation Counsel. And I apologize, Council Member Lee Loy, I don't have that response for you. We'll have to look at that get back to you. MS. LEE LOY: Well, with that, I actually would love to postpone this, because I really want to know if this is a vehicle or a way for us to provide credit. It's never been done before. We have a lot of decisions to be made over the course of the next two months. And I know each and every one of you are being touched by your constituents as a way to provide some Level of relief. I don't know if this is the way or if it's a blending of all the different tax bills that we have before us coming up. I don't know. I do want to explore this option just as a tool for future use. With that, I'm open to any comments or suggestions from my colleagues. ACTING CHR. KIMBALL: Thank you, Council Member Lee Loy. Any discussion? Council Member Inaba. MR. INABA: Yeah, I just want to make sure. So Judge Strance, if I'm understanding correctly, since our last meeting we're still unsure whether we as a Council have the authority by the Code to offer a tax break or credit that is being proposed like this one? MS. STRANCE: Correct. MR. INABA: Okay. Do we have an idea of when we might have an answer for this specific measure? MS. STRANCE: Yeah. If this is passed to your next meeting, we'll have a response by then. MR. INABA: Okay, great. Thank you. Chair, I yield. ACTING CHR. KIMBALL: Thank you, Council Member Inaba. Council Member Kierkiewicz. MS. KIERKIEWICZ: Thank you, Chair. Mahalo nui, Council Member Lee Loy, for bringing this back forward for our discussion. Just curious to know if our Finance Director is in Hilo. Because in addition to some of the legal opinion that Judge Strance is going to be crafting, but also just like to understand the impact of potential decisions as it relates to our budget. We just came out of budget hearings and seeing that the proposed budget still doesn't meet the need of all of our County departments. And so,just want to understand potential implications that might be had should we choose to pursue this particular vehicle. And Director Sako, if you want to come back in a couple weeks to also provide a more Page 5 FC-33 April 19,2022 comprehensive determination that would be great. But just would love to hear some of your initial thoughts. (Note: At this time, Finance Director Deanna S. Sako, came forward to address the members of the Committee.) MS. SAKO: I mean, I think as you take a look at the agenda and including the public hearing this evening, the administration may be getting mixed signals about, you know, reducing taxes but increasing cost or how they're spent. And so increasing affordable housing, you know, things like that, but at the same time trying to reduce revenue. So some of that is getting a little bit confusing. Just wanted to put that out there. But as you know there's still many needs. We're still going through collective bargaining. So there's a lot of unknown costs. And so as we continue to work through them and get our final real property tax numbers we'll have better information on May 5h, when the budget is submitted. MS. KIERKIEWICZ: Thank you, Director Sako. I think that's all we wanted to know was all the different pieces and how they interplay with one another that way we can make the best and most responsible decision when it comes to our budget. Thank you, Chair. I yield. ACTING CHR. KIMBALL: Thank you, Council Member Kierkiewicz. Council Member Richards. MR. RICHARDS: Spring boarding off of what Ms. Kierkiewicz was just talking about, the impact of$250. Do we have a rough guesstimate as far as what that might be? MS. LEE LOY: Chair if I might respond? ACTING CHR. KIMBALL: Go ahead. MS. LEE LOY: Sure. When I put together the resolution, I just did a thumbnail sketch and there's some breakers also in there; if they failed to pay, they wouldn't be eligible. And so at that time, back in January, it was $6.9 million. So $7 million. And at that time I was just looking at that as it compared to what was in Fund Balance, which is something that we saw was very high, first time ever at $52 million, when normally we hovered around $34-$35 million. And so that was the formula and rationale that went into this resolution. However, again, I don't even know if this is the tool that we use to provide something like this. And as mentioned by our Finance Director, Ms. Sako, and other members, you know, we've got a lot of things kind of swirling around. But to answer your question, was $6.9 million, so $7 million. Page 6 FC-33 April 19,2022 MR. RICHARDS: Okay. Thank you, Sue. And I think—so there's a lot of unknowns right now. Conceptually I like the idea. And there's a lot of stuff that we're talking about for conceptually supporting the community. And some sort of relief is always important especially as we're coming out of a financial challenge. But we have the other side that we have to be mindful of. And as Director Sako has pointed out, we can't all look at Fund Balance as a checkbook. That's not what we can do. But I do like the concept. The question is how do we best support the community? Some rebates or direct credit is less expensive than sending a check and I like that concept. But again how do we approach it. I want to hear some of the other Council Member's thoughts. Thanks, Chair. I yield. ACTING CHR. KIMBALL: Thank you, Council Member Richards. Over in Hilo, Council Member Kaneali`i-Kleinfelder, anything to add? MR. KANEALI`I-KLEINFELDER: Mahalo, Chair. I did have a couple questions. Ms. Sako, if you could? I just wanted to follow-up on some of the data that was presented today. MS. SAKO: Good morning. MR. KANEALI`I-KLEINFELDER: Just to check. Sue was saying $6.9 million. I wanted to get a feel from the Director. Director, what are the ? MS. SAKO: I think it's closer to $7.7 million. MR. KANEALI`I-KLEINFELDER: Okay, so $7.7 million and that would be coming out of General Fund, basically. MS. SAKO: Yeah. A reduction in revenue of$7.7 million. MR. KANEALI`I-KLEINFELDER: Okay. Thank you. And is there a minimum tax in the County? MS. SAKO: Yeah. The minimum tax right now is $200. It is staggered for homeowners based on the value of the homes. So some people pay $50-$100 or $150. But most people pay $200 minimum tax. MR. KANEALI`I-KLEINFELDER: So this is for a $250 credit, what happens to the extra is someone is paying minimum? MS. SAKO: We kind of calculated that they would get a max of their tax amount. So there's also people between $200 and that their total tax burden for the year is between $200 and $250, so we would cap it at their tax amount when we ran our calculations, pending further guidance. Page 7 FC-33 April 19,2022 MR. KANEALI`I-KLEINFELDER: Okay. And this is in the form of a credit, yeah. No one's getting a check in the mail. This would be a credit towards real property taxes. MS. SAKO: Yeah. That was our understanding. MR. KANEALI`I-KLEINFELDER: Okay. Thank you very much, Director. Appreciate it. Thank you. Thank you, Chair. I yield. ACTING CHR. KIMBALL: Thank you, Council Member. Council Member Lee Loy. MS. LEE LOY: Thank you. As I mentioned, the resolution actually provides for, if they failed to pay any portion of their real property tax,properties was assessed at a minimum tax or the property was sold, and I think that's where the difference between my numbers are, and Deanna's numbers are. But I really appreciate what this body is trying to do. So if we do postpone so that we can have Judge Strance provide us a bright line of understanding of the legal abilities of this resolution and allow Deanna the opportunity to take a look at what this really does cost us, and at that time then I'm guessing she will have established the assessed values and will be much closer to those numbers. But I did want to clarify there are some offsets within this resolution that addresses some of the concerns that are being raised. Thank you, Chair, for letting me clarify. ACTING CHR. KIMBALL: Yes. Thank you, Council Member Lee Loy. Any further discussion? Before we take your motion to postpone. I'd actually like to ask Director Sako if she has any input on the legal issue. I know you're not an attorney, but I'm just curious in your financial circles if there's been any discussion about the concerns we had at the first hearing about the legality, in terms of our ARPA (American Rescue Plan Act) funding and federal funding sources. MS. SAKO: I'm sorry, about the ARPA funding. Is that what you asked? ACTING CHR. KIMBALL: Yeah. A concern had been raised at the initial hearing about this about the violation of the conditions of some of the federal funding that came in through the ARPA process. MS. SAKO: Yeah, I think CARES (Coronavirus Aid, Relief& Economic Security) was more specific about it, the CARES funding. But at that time we were not allowed to reduce taxes, you know, and some of the State funding that came through. So that was the condition with a lot of that is that we would not be reducing our taxes. And I think that's one of the considerations in this resolution is would a credit basically be reducing the tax rate. And so ultimately, yes, I Page 8 FC-33 April 19,2022 mean I think it would be. So if it's something to just circumvent that, you know, we'll let Judge Strance make that determination. But that was our concern early on when this was first introduced. ACTING CHR. KIMBALL: So my follow up question to that is in the financial community, the fiscal community for municipalities, have you seen this concern raised or addressed in any other? MS. SAKO: You know, at the time I was doing my research and I would have to look again. So if this gets postponed, I'll take a look to see if there's more information on the website between now and next reading. ACTING CHR. KIMBALL: Great. Thank you. And I'll just close by saying, yes, there's a lot of different things on the agenda today pointing in all different directions. But that's unfortunately how this body works. We can't talk to each other. But putting these bills forward is the way that we have discussions and get to something productive. So it may be messy, but that's how the sausage is made. Council Member Lee Loy, would you like to make a motion to postpone. MS. LEE LOY: Absolutely. And yes, I just want to thank my colleagues. I really—again, this was advanced in January for everyone on this dais to start raising their kind of antennas around budget, budget season, and all the various taxes that are in play in which we have a very small window. So with that, Chair, motion to postpone. Motion to Postpone: Ms. Lee Loy to postpone Res. 291-22 to May 3, 2022. Seconded by Council Member Inaba. ACTING CHR. KIMBALL: Any discussion on the postponement? Mr. Chung. MR. CHUNG: Yeah. Just for my information, what exactly was asked of our Corporation Counsel again? MS. LEE LOY: A legal opinion on if this is the right vehicle. And for Ms. Sako to provide a fiscal impact on what a$250 credit, with the respective guardrails, within this resolution MR. CHUNG: Okay. I was just asking what was asked of the Corporation Counsel, so whether this was the correct thing. I'm just going to give my two cents on this. You know, first of all I credit my colleague, Ms. Lee Loy, for trying to address, you know, a problem that came up regarding the burden on homeowners and others. But I think our power only extends to the establishment of the tax rates. It's only my thought. We can create tax credits, but not by resolution. But, you know, of course I'm going to leave it up to the Corporation Counsel. But I just got to throw my two cents in. Page 9 FC-33 April 19,2022 I think the way we could have done it is enacted an ordinance, but it would've been too late to address the situation this year. And then that ordinance would have allowed the Council to do certain things with regard to, you know, maybe establishing tax credits via resolution. That would be an enabling legislation. But yeah, I don't know. I'm just kind of curious to see what our Corporation Counsel has to say. But, you know, I'm aware where Sue is coming from, and she really has her heart in the right place on this. Thank you. ACTING CHR. KIMBALL: Thank you, Council Member Chung. Any other discussion on the postponement? Okay. Seeing none, all those in favor say aye. Vote on Motion The motion to postpone Res. 291-22 to May 3, 2022, was to Postpone: carried by the following voice vote: (Approved) Ayes: Committee Members Chung, David, Inaba, Kierkiewicz, Lee Loy, Richards, Villegas, and Acting Chair Kimball— 8. Noes: None. Absent: Committee Member Kaneali`i-Kleinfelder— 1. Excused: None. ACTING CHR. KIMBALL: Okay. On to the next item of business, please. Bill 152. BILLS FOR The Chair directed the Committee to proceed to the next order of business, ORDINANCES: Bills for Ordinances. Bill 152: AMENDS CHAPTER 2, ARTICLE 13, DIVISION 3, SECTION 2-75 OF THE HAWAII COUNTY CODE 1983 (2016 EDITION, AS AMENDED), RELATING TO THE COUNTY HOUSING PROGRAM REVOLVING FUND Repeals existing provisions in their entirety and establishes nine specific uses for expenditure of funds to support the County's housing needs. Reference: Comm. 721 Intr. by: Mr. Inaba and Ms. Kimball Motion to Approve: Mr. Inaba moved to recommend passage of Bill 152 on first reading. Seconded by Ms. Villegas. ACTING CHR. KIMBALL: Council Member Inaba. MR. INABA: Thank you. Yes, Bill 152 here is a very straight forward bill. And Section 2-74 in our County Code established a County Housing Program Page 10 FC-33 April 19,2022 Revolving Fund. Section 2-75 is the section that explains the uses of that fund. So right now there are two uses of the fund. You can see there's (a), the development of housing; and(b), the buy-back option. So what's before us today is really the addition of seven additional uses, and those are numbers (3) through (9) on the bill. So we are adding that these funds can be used to acquire vacant land that would be used for affordable housing, the acquisition of existing structures for affordable housing, rehabilitation of existing structures currently in use as affordable housing, but needing repairs or updates, infrastructure to support affordable housing, and subsidies, grants, and loans for very low- and lower-income households for their rental and mortgage financing as well as subsidies, grants, loans for low- and lower-income households to help in the event that, you know, they might be on the brink of experiencing houselessness or homelessness. And lastly, to help purchase deed restrictions on private properties that would help to keep an affordable unit affordable. So it's very straight forward. The AMI (Area Median Income)percentages which define low, very low, and moderate income are also provided here. But asking for your support and reliance. It's an ability to expand the uses to give the Office of Housing and Community Development for leeway, focused I should say, leeway though, on the use of these funds. And we have the Administrator of OHCD (Office of Housing and Community Development)here. I would like to offer her the opportunity to share her thoughts on this bill and the use, the expansion of these uses on this fund. Administrator Kunz, thank you so much for being here today. (Note: At this time, Housing Administrator Susan Kunz came forward to address the members of the Committee.) MS. KUNZ: Good morning. My name is Susan Kunz. I'm the Housing Administrator for the Office of Housing and Community Development. Thank you for this opportunity to comment on Bill 152 this morning. You know, I have to start out by saying that Corporation Counsel has advised me that there's potentially a legal issue with the way the bill was developed. But I want to make really clear that I support the intent of this bill. This community needs housing. We need affordable housing. And although the Administration has done quite a bit in this first year to pack this pipeline with viable projects, it's not enough. You know, and the challenges with housing development is multi-pronged. You know, we have to try and navigate policies and regulations. You know, there's issues with the infrastructure, especially in West Hawaii, with the lack of potable water for housing development. And, you know, the developers can use a lot more resources like land, financing tools, funding. This particular bill would add another tool to the toolbox, right. It could give developers the opportunity for some gap financing where I see a lot of the time, they just need that little bit more Page 11 FC-33 April 19,2022 to secure the project so it can get up and running. And I think, you know, a fund like this could do that. So I'll leave the legal discussion between this Committee and the Corporation Counsel. But I do support the intent of this bill. So thank you for the opportunity to comment. MR. INABA: Thank you, Administrator Kunz. And yes, we always want to be able to provide, you know, extra tools, especially to our affordable housing developers and this gives us the opportunity. And through this specific fund we're able to actually see what monies go in and what monies would be expended from the fund. So the structure and the mechanism for appropriate use of this fund is there, and we're just really giving the Office of Housing this opportunity to support our developers who developing affordable housing. With that, I'm happy to take any questions that anybody on the Committee might have. Thank you, Chair. ACTING CHR. KIMBALL: Thank you, Council Member Inaba. Any discussion? Council Member Chung. MR. CHUNG: Yeah. Susan. So I just want to get this clear. So you support this, right, with the additional uses. MS. KUNZ: There's definitely a need. We've been discussing this for a long time. You know, additional funding or resources for the developer would definitely help. So aside from the issues that may arise from this thing, yes, I support the intent of this bill. MR. CHUNG: Okay. And, you know, as opposed to the original language of this ordinance, you know, there's references to very low- and lower-income households, right. I mean I just looked real carefully, my vision isn't all that good. So it further refines it in that regard? MS. KUNZ: I'm sorry. MR. CHUNG: You know, there is two references in the amendment to very low- and lower-income household subsidies, in number(7) and number(8); maybe some other places as well. It does not limit the use of—is that a difference in what these funds can be used for from what is presently in the law? MS. KUNZ: The original language of the Revolving Fund is veryI mean I believe it was one sentence. MR. CHUNG: What's that? Page 12 FC-33 April 19,2022 MS. KUNZ: I believe it was one sentence. MR. CHUNG: Yeah. MS. KUNZ: So it gave us a lot of leeway, right. MR. CHUNG: It was broader, right. MS. KUNZ: Broader. MR. CHUNG: Yeah. So this one is more limiting, correct? And I'm not saying that's necessarily a bad thing. I just want to make sure, you know, we know what we're voting on. MS. KUNZ: I would need to read through more detail the rest of it. But seven and eight definitely does point out the support of lower income housing projects. MR. CHUNG: Yeah. Okay. And then my next question is as it relates to item number (9). So either—and first of all, you know, I really did want to give kudos to both Mr. Inaba and Ms. Kimball for trying to address this matter. But number (9),purchasing of deed restrictions. Now I know what a deed restriction is. Well what exactly is contemplated by purchasing a deed restriction on private properties limiting resale to qualified buyers at resale values for lower-income and moderate-income households? What do you mean, purchasing deed restrictions? What is meant by that? MR. INABA: I think I might ask Council Member Kimball to respond, because this is actually a credit given where credit is due. ACTING CHR. KIMBALL: Thank you. This gives the breach of protocol. But to respond to that, there was a program that I think Council Member Kierkiewicz and Council Member Lee Loy learned about at NACo (National Association of Counties)that they're initiated in Vail, Colorado,which allows them to purchase back deed restrictions on properties so that they can maintain them at a resale value at the affordable rate. And so you hold that deed restriction on that property and when the owner goes to sell it, they have to sell it at the affordable rate. Now the idea here was to put it in as one of the possible uses. But we would actually have to develop the enabling code to start the program officially. MR. CHUNG: But purchase back a deed restriction? ACTING CHR. KIMBALL: You would purchase the deed restriction. You know, say you have home that's $350,000. The County would have a program where we would say, "We'll give you $10,000 to put a deed restriction on your Page 13 FC-33 April 19,2022 property." Then when you went to go ahead and pull it you would not be able to sell it above what is the affordable price at that time. MR. CHUNG: I see, I see. ACTING CHR. KIMBALL: But I can understand. It's a complicated program. We tried to capture it in one sentence. This really enables—it would lay the foundation for it. But there would probably have to be an enabling ordinance at a future time. If it muddies the water, I'm happy to exclude it as part of this current amendment. If I may respond just to the limitations on lower-income households, but that really just applies to those two, the subsidies rather than the bulk of those options, which those subsidies weren't part of what was allowed under the fund previously. Thank you. MR. CHUNG: Okay. I understand. I don't know if Ms. Kierkiewicz or Ms. Lee Loy wants to add anything in that regard. But if not, I'll just say this. I mean I like the intent. And, you know, it certainly addresses a need, you know, further refines uses. But I don't know if you noticed, but I asked Ms. Kunz to go outside for a few comments. And I was just kind of venting about things in general. And it really is this, you know, we are putting a lot of effort—and I'm also responsible for that too, you know, in trying to help homelessness, address homelessness, low-income housing. You know what we really, really should not lose sight of? The middle-income people. They're getting priced out of the market, especially with this influx of new monies coming in. And if we're only going to concentrate on the lower end, we risk losing all of our young people who are having to go away to find affordable housing. So we have make an effort to also refocus our efforts on middle-income housing; moderate. So when I see this trying to take things out of—what was that? MR. HENRICKS: Can we takeI'm so sorry, Mr. Chung. We just need a brief recess. There's somebody's mic is live in the Zoom room if they could just turn their own mics off or if somebody in our staff could shut that down. We'd really appreciate it. It's very distracting. I'm sorry, Mr. Chung. MR. CHUNG: Yeah. But that's all I have to say. But, you know, I support this. I see what it's intended to do. But I just had to get that off my chest. I see a lot of focus on the low end, but not enough on the middle. And it could really hurt us in the long run. You know, we talked about people moving away. This is one of the—not this, but lack of housing is going to be one of them. MS. KUNZ: Right. And I do want to also add that when you look at the data that's laid out by the Hawaii Housing Policy Study, you know, when they talk about the 10,000- to 13,000-unit need, the spread of the need is very evenly distributed from 30 percent all the way up to 140 percent. Page 14 FC-33 April 19,2022 MR. CHUNG: Right. MS. KUNZ: So, you know, what you're saying is true. And the data does support that. You know, I think the reason why we tend to focus on the lower income is because it's harder to produce and it's harder for the developers to make money at the lower end. But the need for the housing units is pretty even across the board. We can't afford to not pay attention to any part of that. MR. CHUNG: Right. And thank you. I mean, because from a social policy standpoint this could have huge ramifications if we ignore that aspect. But, you know, I support this. Thank you. ACTING CHR. KIMBALL: Thank you, Council Member Chung. Council Member Inaba. Actually, let me check in with Council Member Kaneali`i- Kleinfelder in Hilo first. MR. KANEALI`I-KLEINFELDER: Mahalo, Chair. No discussion at this time. ACTING CHR. KIMBALL: Okay. Thank you. MR. HENRICKS: Chair, before you proceed, Madam Chair, I just would like to confirm first, the staff can just ask people to leave the Zoom room and watch via livestream so that we won't have these disruptions. Thank you so much. ACTING CHR. KIMBALL: Thank you, Mr. Clerk. So just a reminder to folks in the Zoom room, if you're still connected, please disconnect and watch the live feed in the website. Council Member Inaba. MR. INABA: Chair, thank you. I just wanted to respond to Council Member Chung before we move on. That's a super important point, I think, to add the moderate especially for the subsidies, grants, and loans. So we'll take that discussion and probably be looking to add that one prior to the next meeting. Thank you. ACTING CHR. KIMBALL: Council Member Richards. MR. RICHARDS: Thanks, Chair. Thank you, Susan. I think I have another question for you, and I know you're struggling in answering these questions right now. But the need as you just stated is right across, from zero AMI up to probably 140 AMI. Is that correct? MS. KUNZ: That's correct. MR. RICHARDS: Are we as a County weighing heavier on any one of those demographics or are we trying to develop across the board? Page 15 FC-33 April 19,2022 MS. KUNZ: We're trying to encourage development across the board. MR. RICHARDS: Okay. And to Mr. Chung's point, Morales characterized it as the middle class is the one that is the largest and thereby actually pays most of the taxes and is the big demographic that we really need to worry about if we want this society to be successful going forward. So I am leery about I support the intent. I like the intent. But I'm leery about limiting that and I think that's why we have directors to give that latitude a little bit. Again I like the intent because that's something we've been talking about. But also, as Mr. Chung said get something off his chest, was pointed out by Mr. Hurney during public testimony, we also have to support this. And he made the comment about NIMBY (Not In My Back Yard) not wanting affordable housing built around them. They support it as long as it's not near them. We as a Council have to support it going forward, because if we don't then it's all talk and we're not doing anything. And so I am very mindful of that as well. Again I support the intent of it. I'm a little concerned about limiting it, not to all of it, because again, that's why we have an administrator to focus in on the needs and not be so limited. That's enough for now. Thanks. I yield. ACTING CHR. KIMBALL: Thank you, Council Member Richards. Any other discussion. Council Member Inaba. MR. INABA: Mahalo, Chair. I just wanted to say, I mean based on what's in the bill before us with the potential addition of moderate to number(7) and(8), this bill does not restrict the use of these funds only to the lower end AMI, it's across the board. And we want to make sure that we are addressing the need across the board form the zero percent, you know, very low end all the way to the 140. So I look forward to your support. Thank you. ACTING CHR. KIMBALL: Thank you, Council Member Inaba. Council Member Kierkiewicz. MS. KIERKIEWICZ: Thank you. And mahalo nui, Council Members Inaba and Kimball for bringing this forward so we could have the really important conversation. I just had some follow up questions. Was this developed in partnership with the Office of Housing and Community Development? MR. INABA: Not initially, no. This was something—well based on conversations we've had regarding Chapter 11, as a whole, but this specific one was kind of based on those previous conversations. So yes and no in a sense. MS. KIERKIEWICZ: Okay. Perhaps, Administrator Kunz, if you just want to maybe just elaborate. I guess what I'm getting at is the approach I take, and not Page 16 FC-33 April 19,2022 everybody takes this, but I'm recognizing my role as a policy maker, Legislative Branch in my lane, and also recognizing that the Executive Branch administers our policy. But I also think that it's important to be working in partnership with those that have to do the work. And I think about all the work that Council Member Villegas was doing on the herbicide bill, engaging parks to make that happen. And so I just want to make sure that there aren't unintended consequences, and that the office who we are charging to administer this work has the ability to kind of help shape this. And so, Administrator Kunz,just trying to understand how much involvement you, your office, has had in specifically in helping to shape Bill 152. MS. KUNZ: I have not been engaged in any conversation with either Council Member Kimball or Inaba initially on this bill. I believe that I was notified that they were working on the bill, I believe it was the week prior to it getting submitted and posted. Is that correct? You know, and I think Council Member Inaba is correct that we've had discussions prior, even open public conversations like this about what need looks like, what some of the roadblocks are. So those would have been the kinds of conversations that I was involved in. But specifically working on this bill, I was not engaged. MS. KIERKIEWICZ: Thank you. What about consultation with some of our nonprofit partners, I'm thinking of, you know, Patrick Hurney's of the world, Habitat for Humanity, other project developers that we have seen come through like Keith Kato, Carlos Morales. You know, I just think that folks that we are designing these tools for should be part of the conversation. And I'm just wondering where their fingerprints might be as it relates to Bill 152. MR. INABA: Yeah. So again, like Administrator Kunz said, this bill was brought together based on all of these conversations we've had. And we had partners today: Neighborhood Place of Puna; we had HPM write in testimony. Everyone who is on the front in different aspects of the affordable housing movement is in support because it allows the County to partner with them and move forward with the development of affordable housing. So had they been individually consulted? No. Are they in support of this bill? It would appear so based on the testimony, live and written, that was submitted. MS. KIERKIEWICZ: Thank you. Just trying to understand how much of this bill was socialized prior to it being introduced. Administrator Kunz, you might just was to stay up here. I have a few more questions for you. You know, I appreciate the dialogue that's coming from Council Members Chung and Richards about the expanded use. In your opinion, is it necessary, is it too limiting? Can we not do the things that are articulated here based on what's already in the Code? MS. KUNZ: How to—make sure I understand what you're asking. Page 17 FC-33 April 19,2022 MS. KIERKIEWICZ: Existing language; does it not already serve as a catch-all for everything that has been listed here? Do you feel limited in your capacity to act on any of these things? MS. KUNZ: We have been able to carry out or do some of these things without that specific language in the existing language that existed. MS. KIERKIEWICZ: Okay. What is the process that your office is using to administer these kinds of programs and activities? And I don't have my monthly budget summary. What is the current balance within the revolving fund? MS. KUNZ: Within the revolving fund. So what exists there right now were funds mostly, there are some repayments of loans that are in that balance, but the majority of the funds are funds that were generated from in lieu fees when there was language in Chapter 11 to generate those kinds of fees. What does limit me to the freedom of spending those funds is when those funds were created, Chapter 11 said that I had to be able to spend it within a 15-mile radius from where the funds were generated. MS. KIERKIEWICZ: Administrator, 15, one-five, miles from where the fees were generated? MS. KUNZ: Yes. Right. So wherever the project was that generated the fees I can only reinvest that money in projects within that mile radius. So, you know, whenever there are needs or opportunities, we're always checking the balance of this fund and checking to see where projects were generated and accessing the funds utilizing that guideline. MS. KIERKIEWICZ: Administrator, balance ballpark figure of the current balance. MS. KUNZ: About$999,000, about$900,000. Just under a million. MS. KIERKIEWICZ: And so then the process for obtaining these funds, are there attached rules within Housing that kind of guide the process? I'm thinking about CDBG (Community Development Block Grant), the annual Action Plan. Is there something similar that's used to administer this fund? MS. KUNZ: You know, all of the programs and the projects that we're touching, supporting, all follow those same guidelines. So we follow suit utilizing those funds. I'm trying to think very quickly. Some of those balances have loan programs in there that might limit me. But those would be the things that I would look at if there are limits on area median income. I can't think of anything right off the top of my head. But those would be the things that I would consider. Page 18 FC-33 April 19,2022 MS. KIERKIEWICZ: Okay. In your opinion, is the Revolving Fund the best way to go? Or are you more interested in a product such as a grant out to say, Habitat for Humanity or a land trust to purchase and refurbish homes. I'm just curious to know if you feel this is the right vehicle or one of many that your office would support. MS. KUNZ: I think I would like to consider when we're working with different developers and different types of projects, the opportunity to grant. Loan programs don't always work especially for projects that are hitting the lower end of the AMI. So having that option, I think, is useful. MS. KIERKIEWICZ: Okay. That's haupu to hear you say that. And, you know, I'm in full agreement with my colleagues when we talk about ensuring that our ALICE (Asset Limited, Income Constrained, Employed) families do have the support they need. There's a lot of funding strings at the State and federal level that we can be leveraging to be supporting, you know, the low-income sort of households. And just wanting to make sure that at the end of the day we are able to support our working families and folks of my generation, you know, we want to be able or the chance to stay here. You hinted at some potential legal concerns and Judge Strance has been strategically making her way forward. So I just wanted to officially call Judge Strance forward to kind of share with this body some of the concerns you might have related to Bill 152. Judge Strance. MS. KUNZ: Before we jump to that topic, can I just make one more, I guess, comment on the revolving loan? MS. KIERKIEWICZ: Of course. MS. KUNZ: You know, that concept really, I think, was created to help the County to generate an ongoing source of funding, right. When you do grants, the money leaves, that's it. Revolving loan type of program or when we can utilize funds in a revolving way, you know, the money comes back to the County so that we can use the money for other types of projects. So I don't want to you know, I want to make sure to share that I think there's a certain importance, right, with evaluating projects and the ability to utilize a revolving loan consent, right. So I wanted to make sure that there was that understanding as well. MS. KIERKIEWICZ: Got it. The Revolving Fund is one of many tools. MS. KUNZ: Yeah. MS. KIERKIEWICZ: Okay. Judge Strance. Page 19 FC-33 April 19,2022 (Note: At this time, Corporation Counsel Elizabeth Strance came forward to address the members of the Committee.) MS. STRANCE: Thank you. Elizabeth Strance, Corporation Counsel. To kind of pick up where Susan left off, you know, words matter, especially when it comes to how you're describing funds. So special funds have a very specific meaning, and a very specific meaning within our Charter. So under the Hawaii County Charter, a special fund to be created or to be terminated requires a recommendation of the Mayor. And so the concern and conclusion that I shared regarding this bill was that the—was kind of a gut and replace regarding the uses of the bill and didn't involve the recommendation or consent of the Mayor. So in addition, because the enumerated purposes, a number of them don't have a revolving type of purpose to them, it changes the nature of the fund from a revolving fund to a special fund. And so it was my conclusion that it needed the recommendation of the Mayor because the fund essentially changed. So that was the process concern that I have about the bill as it is written. It was shared with me that the bill was modeled somewhat after what the County of Maui has done. And the County of Maui, not dissimilar to what the Legislature has done with 201H, has a series of different funds. Some of them revolving to address specific affordable housing needs of the State or the county. They have language about—they have that revolving language and feel for them. And what concerns me about this bill is that I think, the intent to be transparent and have everything in the front so it can be monitored, also starts mixing apples and oranges in a way that may have unintended consequences. And I think given the commitment that the Council has to addressing affordable housing, and what I've heard from the Administration's commitment to affordable housing, it seems like it would be helpful to have a landscape over which to place these special funds or revolving funds to see how they fit so that we don't, for example,prevent funds to be used for one purpose because they've already been designated and required by this law to go (inaudible). So it just seems to me that there's this inflating of a bunch of different purposes that should be under an umbrella. But because of the language used in the proposed bill, it was my conclusion that it violated the Hawai`i County Charter requiring that it come from the Mayor's recommendation. MS. KIERKIEWICZ: Okay. So to summarize, because my colleagues did not work in partnership with the Office of Housing or get authorization from the Mayor, it is your opinion based on your read of the Charter that we shouldn't be discussing, deliberating on this bill today? MS. STRANCE: I don't want to necessarily characterize how Council Member Inaba and Kimball did or didn't work, because I think there's been a lot of Page 20 FC-33 April 19,2022 conversations floating around. But this particular bill did not come with the recommendation of the Mayor. And one of the reasons that I didn't share a communication to the entire Council was I know that this has been a dynamic process, and I don't and didn't know whether there had been conversations that had transpired without my involvement. MS. KIERKIEWICZ: Okay. I'm out of time so I'll have my colleagues pick up from here. Thank you, Chair. ACTING CHR. KIMBALL: Thank you, Council Member Kierkiewicz. Council Member Lee Loy. MS. LEE LOY: Thank you. I just pulled the Charter and really honed in on that. Judge Strance, am I looking at the right section of the Charter, 10-12 Special Funds? MS. STRANCE: Yes. MS. LEE LOY: And so,just reading out loud for the rest of my colleagues. "Special Funds. Upon recommendation of the mayor the council may by ordinance abolish or establish such special funds as may be necessary for the proper and efficient segregation of fiscal operations of the county." So Judge Strance, not to over-simplify any of this. The Mayor would come to the Council and say, "I want to establish or abolish or refine a special fund?" That's step one. MS. STRANCE: Yes. MS. LEE LOY: What if step one was a Council Member went to the Mayor and said, "Hey, I'm thinking about doing this?" The Mayor still has to make the recommendation. MS. STRANGE: Well I think the recommendation could come in a lot of forms. You know, it could come with a concur with proposed legislation. I think that the critical piece is to have the involvement of the Mayor. And just to take a step back, our County Charter provides for the creation of two types of funds, the Operating Fund, and the Capital Improvement Fund and then there are amendments to create other special funds, right. So the creation of a special fund outside a Charter amendment was really an exception to the way the Charter is set up. And so it requires the collaboration of both branches of government. Page 21 FC-33 April 19,2022 MS. LEE LOY: Judge Strance,just kind of staying in line with that, the long and short of it is if we choose—and I'm with everybody. We all want housing. I think we're all kind of clunking along on how to do this. Are you providing guidance that Bill 152 is not in compliance with our Charter? I hope I asked that right. MS. STRANCE: My caution to the Council is that without the Mayor's consent or recommendation for approval, it would be a violation of the Charter. And what my hope had been would be that there would be some conversation that was held that if the purposes of the bill conformed to what is—that everybody wants, then it would go under the support of the Mayor. Having said that, if Bill 153 passes, then a special fund is being amended by the Charter and wouldn't require the involvement of the Mayor because it's superseding it. But my concern is—and this kind of follows up with what Susan was saying is as the purposes for the special fund change, you still have to track what the purposes were originally, because it's not unlike a nonprofit where you have a restricted fund or a restricted gift. So if there are special funds that no longer adequately serve needs of the County in this area, consideration should be given about a conversation to eliminate this special fund or revolving fund and create something new, rather than piling things up or requiring complicated accounting within a fund or changing its nature in a way that it doesn't fit the definition of the fund that it was created to serve. So those are my general thoughts on it. The State Legislature, the State has a protocol set up for creating special funds. And there's a statute that sets up the criteria that have to be met in the creation of special funds. And as best as I can tell, the State Legislative Auditor then looks at the special funds and provides some input on whether it meets the statutory requirements of the special fund. So I think that highlights the really unique nature of what these funds are. MS. LEE LOY: Thanks, Judge Strance, for all that insight. You know, I want this. I want it so bad. But I want to do it right. And my concern is if we don't do it right, we might lose the opportunity to introduce any legislation similar or around these chapters for the rest of the term and then we're stuck again. And we are actually not providing housing to our community. And, you know, I want to advance this, but I also want to maybe put a pin in it while we figure it all out. You know, we're all talking about taxes and where the money is going. It really did create a perfect storm. But I just don't want to go against the Charter. I think we would do a huge disservice to what the potential and the possibilities of the establishment of a fund for housing, whatever AMI or whatever reach it might have beyond 15 miles. That's my thoughts, and I'll yield at this time. ACTING CHR. KIMBALL: Thank you, Council Member Lee Loy. Council Member David, I'll go to you first since you haven't spoken yet. Page 22 FC-33 April 19,2022 MS. DAVID: Thank you, Chair. And thank you, Ms. Strance, for that explanation. And I really this at first glance is like something that we really need. And I don't think anybody disagrees with that. As I'm sitting here listening to the conversations on this dais, process and procedures are pretty much the focus point on this and whether this is the vehicle that it can be done through. And I understand that the Mayor has the authority via Charter to either abolish or establish. I think in my mind it's silent as to any additions to a special fund. And that's where I have to rely on some legal guidance on that, because does this actually mean that we are the changes affect the initial intent of that special fund. And that's what(inaudible) at that point. Just totally support the fact that we need all these additional sections on what the fund can be used for. But getting there is what my concern is right now. And I'm not sure if there's more discussion that needs to be taken or involved between, you know, Corporation Counsel. I would like to see the Mayor just do a communication saying, you know, this is great and let's do it. But I know that's not the process here. So I have reservations, not because of the intent of this bill. Seriously, I have reservations because of the process and how we get there. So that's all I have for now. There's a lot of other questions. I think this brought out some really, really good discussions and talking points for this kind of stuff. We're trying to be creative, and I like that. I like that, Mr. Inaba and Ms. Kimball. So on that, I yield. ACTING CHR. KIMBALL: Thank you, Council Member David. And Council Member Villegas, I'll recognize you, but I just want to be mindful of the time. We are at noon already and we have a couple other big items on our agenda. So let's just keep the conversation flowing. Thanks. Council Member Villegas. MS. VILLEGAS: Great. Thank you, Judge Strance, for being here. I suppose my question becomes kind of in the line with Chair David's. So this bill was posted to Laserfiche a few weeks ago now. I'm just wondering why the Mayor hasn't then taken—if that's the potential to rectify what everybody here has agreed is essentially a bill that is really good in nature, there's community support for it, even Housing is here. I suppose I'm a little concerned and confused why the Mayor or the Mayor's Office hasn't stepped forward and made a statement. If that's what we're waiting for, then is there opportunity for that or is thereI just suppose I'm confused on that. MS. STRANCE: You're assuming too much in terms of my knowledge about what the Mayor is thinking or doing or when he reviewed the bill or got other input on it. But I don't know what—at first, we're made to communicate with the Mayor about the intention of the bill. That's not something that I would involve myself in. Page 23 FC-33 April 19,2022 MS. VILLEGAS: Okay. Gotcha. Thank you. I didn't mean to dump that on you. But then my question becomes, if the Mayor is brought into this conversation between potentially now and next reading and agrees with the alignment of it and recognizes the potential for positive outcome based on what's been presented here, does that provide us the necessary approval from the Administration and the Mayor's Office in order for something like this to move forward? MS. STRANCE: I think there are a lot of considerations in the establishment and the expansion of a special fund. And so, for example, under the State law one of the requirements for creation of a special fund is a demonstration that the desired outcome cannot be accomplished through the normal appropriation process. So there could be a lot of different reasons and ways to look at whether a special fund, you know, a further revision or creation of a new fund is needed. And so, you know, I think those are the conversations that I would have hoped and would hope that take place as part of the bill creation process. You know, I think that Finance may need to chime in. You folks need to look at how much money has been appropriated this year for housing and whether the purposes stated in the budget meet the desires of what you folks hope would be included in a special fund. So, you know, I think that the question is being cast in such a way that you're either for this or you're against it. And what I'm saying is that looking at the way special funds are set up in the State under the State Legislature, there are a number of other criteria that need to be looked at. And I'm not the person to have that discussion. I'm not the policy maker here. I raise what I see as the legal issues and boxes that need to be looked at as part of your conversations. MS. VILLEGAS: So the person to be talking to about it is Finance and the Mayor? MS. STRANCE: I don't know. If this is going to come as a special fund, it needs to be at the recommendation of the Mayor. Whether there are other people that need to be involved in those discussions, because it doesn't affect just the Mayor, it affects other departments. And how that would be looked at, I'm not sure. My suggestion is and has been that outside of a political conversation, that there be a collaborative discussion that takes place so that we don't have these kinds of conversations where the questions are put to somebody who doesn't have the authority to do it as a zero-sum game. MS. VILLEGAS: Gotcha. MS. STRANCE: You know, the Charter is clear that it's intended to be collaborative. You know, and who needs to be involved in that collaboration is Page 24 FC-33 April 19,2022 something that you folks need to take up outside of this dais if you're trying to craft legislation. MS. VILLEGAS: Gotcha. Thank you. I appreciate your clarifying on that, something that's still I think is about as clear as mud. But I yield at this time. But thank you for helping with those answers, Judge Strance. I yield. ACTING CHR. KIMBALL: Thank you, Council Member Villegas. Council Member Inaba. MR. INABA: Yeah, thank you. I think this conversation has really gotten off topic. From the point of this bill, which is to add seven uses, additional uses, to the Revolving Fund. What's being brought up right now is saying that the Charter says, upon recommendation of the mayor, the council may by ordinance establish or abolish special funds that help to segregate and help us with the operations of our County budget. This is the only authority that the Charter grants the Mayor for establishment or abolishment. The Special Fund exists. So we're not establishing a special fund. What's before us here is not abolishing a special fund. It's simply adding the uses. And this is a legislative function. This is within the parameters of our powers and duties as Council Members. The Charter does not say the Mayor can initiate a process to amend the uses of a fund. Because that is a power that lies within each of us as Council Members, as legislators of this County. So this specific Special Fund was last amended in 2014 by Council Member Poindexter, not at the recommendation of the Mayor, because it's not required. So I'm very concerned that this opinion before us right now is muddying the waters of separation between executive and legislative branches of the County. It's dangerous. We cannot add words into the mouth of the Charter. The Charter is the Charter. It's voted on by the people. We are not abolishing, and we are not creating a new special fund. It's there. It's in the Code. We amend the Code as Council Members. So I think what we need to refocus on is making sure that we're giving Housing the tools that they need to help us develop affordable housing. That includes partnering with nonprofit partners. So if there's concern about that, that's in number one. It's straight forward. I'll leave it at that. ACTING CHR. KIMBALL: Thank you, Council Member Inaba. Council Member Chung. MR. CHUNG: Yeah. I'm really thinking about this matter. It's my opinion. Okay, you know, this Charter provision, which controls everything,pertains specifically to special funds. And it requires that there be a recommendation of Page 25 FC-33 April 19,2022 the Mayor to the Council. It can be at any point though, I think, even after a bill was introduced, in my opinion. What really got me is this language about the ordinance, you know, the Mayor can recommend to the Council that they either abolish or establish a special fund. And this is without question a special fund. By its own terms it's a special revolving fund. The question is whether what's being proposed here, all of the amendments or the additional items, constitutes a change in the character of this fund. Because the establishment of the fund was done in the section right before the one that we're amending. And that's only my opinion. I think it doesn't deviate from the character. So I don't think we're abolishing or establishing a new fund. I think it's still within the context of this special revolving fund. So, you know, I can support it. I said I was going to support it before, and I think I still can unless something else comes up. But I just wanted to add my two cents. Thank you. ACTING CHR. KIMBALL: Anyone else? Checking in in Hilo real quickly. MR. KANEALI`I-KLEINFELDER: Yes,please. ACTING CHR. KIMBALL: Go ahead. Mr. Kaneali`i-Kleinfelder. MR. KANEALI`I-KLEINFELDER: Thank you, Ms. Kimball. I had a very interesting conversation and I really appreciate what was said by Mr. Inaba. And it's very hard to have a discussion when the waters are muddy. And that's what's happened today. You know, I support this bill despite the conversation that I've heard. And I appreciate the comments of Mr. Chung and Ms. David as well as Ms. Strance. But I do feel that this is an existing fund and the changes in it do fall within the realms of what it should be and amending it is our job. I would say maybe the argument would be when it's been passed there could be an issue. But that's to be determined. So in this case, where I stand today, I support this. I support this legislation. I appreciate those who brought it forward. So mahalo, Chair. ACTING CHR. KIMBALL: Thank you, Council Member Kaneali`i-Kleinfelder. Any final thoughts? Okay, quickly. MS. VILLEGAS: Yes. I concur with that. Thank you, Mr. Inaba, for helping to clarify the specifics related to what the Charter says, how the Code is, and for doing your research and finding the last time that it was amended and who by and what the circumstances were. Thank you also for Council Member Chung in looking through things and with your years of experience as an attorney, sharing your opinion there. I feel comfortable in passing this forward out of committee and continuing the conversation. And hopefully there is an opportunity. We still Page 26 FC-33 April 19,2022 have two more readings for meeting with Administration and with the Mayor and with Finance, to take a look at these things and there would be the broadest support from both the administrative, the executive branch, and the legislative branch in an ideal capacity. So thank you. I yield. ACTING CHR. KIMBALL: Thank you, Council Member Villegas. Council Member Kierkiewicz. MS. KIERKIEWICZ: Thank you, Chair. I would be hard-pressed to support this legislation as is today. I'm of the mindset of keeping it committee until there can be a bit more clarification on the legal front as to whether or not this is appropriate. I also think that we heard really valuable testimony that can really strengthen this product. And so I would urge the introducers of the bill to really take the time to engage the Office of Housing and the folks that are in the community actually doing the work of housing development to be part of the conversation so that we can have the best possible ordinance for our community. Thank you, Chair. ACTING CHR. KIMBALL: Council Member Richards, please keep it brief. MR. RICHARDS: Thanks, Chair. I say this when I believe it. I don't think it's ready for prime time yet. And I again, support the intent. I think there needs some work done. One of the things I am concerned about, and I agree with Chair David concerning the process. But also some of the language, I think, is problematic because in the addition it says, "Revolving Fund shall." And then when we say "shall"then we go into doing the lower income or very low. So I'm concerned that the wording is not appropriate given what we've heard from Housing. So I think it needs more work to get it ready for prime time. So I like the intent, I like the direction. But I don't think it's ready for prime time. I yield. ACTING CHR. KIMBALL: Thank you, Council Member Richards. Anyone else? Seeing none I'll just make a few final comments. You know, I think we are all well aware of the need to address the affordable housing issue at all price points. You know, we heard department after department come before us in budget hearings saying, "We can't get staff. We can't get staff. We can't get wastewater workers. We can't get DMV (Department of Motor Vehicles) folks. We can't get fireman. We can't get policemen, because cost of living is so high." And the biggest piece of that is affordable housing. So I don't think there's any debate about that. This legislation didn't come out of thin air. Probably over a year ago now, Council Member Inaba and I, and my former staff member Lopaka(O'Connor) started working on—okay, what does Chapter 11 look like; what are some of the issues? And there were four things that kind of stood out. One, sustainable funding for affordable housing; two, making sure that the Office of Housing had Page 27 FC-33 April 19,2022 as many tools in their toolbox to address the affordable housing issue, whether it's building infrastructure, buying land, supporting people already in their homes so that they don't lose their homes; third thing, residency requirement a preference; that may be coming at a future point. And then finally, providing many other options for developers to satisfy their housing requirements and the fees. We're in the timeline that we are now because of the need to do a Charter amendment and the timeline that is needed to do that to provide the sustainable funding. And we also have the issue of Office of Housing is doing their study. And, you know, we (inaudible) after many conversations to defer amendments to Chapter 11 until after the study was done. This idea was actually included in the conversations, this funding use idea was included in those conversations about Chapter 11. We are actually advised to take it out of Chapter 11, as that being the inappropriate place for it. So, you know, that said there's always more opportunity for collaboration. There's always opportunity for more conversation. I think we've had a really valuable discussion around this today. But the general objective, and the only thing that's going to make me happy and, you know, I'm not going to have heartburn about other stuff, was really to signal to the community, to signal to Office of Housing,you know, we just want to do whatever it takes to make this work. We've heard so many times in conversations in front of us at the dais that there's no silver bullet solution to the affordable housing problem. We've got to use as many possible tools as we can. And that's what Council Member Inaba and I intended to do with this legislation, is provide Susan (Kunz) and her team, who've demonstrated they can leverage funds well. They may almost double, more than double their budget in leveraging funds. Give them as many tools as possible. That was the intention. So without further conversation, if there's any? We'll go ahead and vote on the motion on the floor. Mr. Clerk, we'll do a roll call for this one,please. Vote on Bill 152: The motion to recommend passage of Bill 152 on first (Approved) reading was carried by the following roll call vote: Ayes: Committee Members Chung, David, Inaba, Kaneali`i-Kleinfelder, Lee Loy, Villegas, and Acting Chair Kimball—7. Noes: Committee Members Kierkiewicz and Richards —2. Absent: None. Excused: None. (Note: Ms. Lee Loy voted "kanalua"then "aye.") Page 28 FC-33 April 19,2022 Bill 153: INITIATES AN AMENDMENT TO ARTICLE X OF THE HAWAII COUNTY CHARTER (2020 EDITION), RELATING TO THE COUNTY HOUSING PROGRAM REVOLVING FUND Proposes the addition of a new section to incorporate the revolving fund established in Section 2-74 of the Hawaii County Code into the Hawaii County Charter and dedicate on an annual basis a minimum of one percent of real property tax revenues into the County Housing Program Revolving Fund. Reference: Comm. 722 Intr. by: Mr. Inaba and Ms. Kimball Motion to Approve: Mr. Inaba moved to recommend passage of Bill 153 on first reading. Seconded by Ms. David. ACTING CHR. KIMBALL: Chair recognizes Council Member Inaba, but before I do, we are running really behind, so let's keep our comments, and keep this moving. Thanks. MR. INABA: Thank you. Keeping it short, this is another very straight forward bill, and it really is to partner with the previous bill we heard. Right now, as Administrator Kunz said, there's about—there's less than $1 million in this Revolving Fund, and we have not seen any significant contributions on the County's part besides, fortunately, a recent bill that we passed, Bill 111, that's addressing homelessness and affordable housing. This right here is going to be put forth, and it's a Charter amendment, and it's going to give the public the opportunity, if this Council so chooses to vote on whether we allocate one percent of the real property tax, approximately $4 million annually, to the Revolving Fund. With Bill 111, there is a timeline I believe that ends 2027 on that measure. This is something that the Office of Housing and Community Development will be able to count on to advance their initiatives for affordable housing across our County. In light of all of the conversations we've had about real property tax and the effects on our County budget, this would be voted on if we pass it as a Council, in the upcoming election by the public, but wouldn't take effect until the following budget year, giving the Finance Department and the Office of the Mayor adequate time to prepare for this allocation that puts the County's money where our mouth is. And that's to support these initiatives that we apparently are generally supportive of in Bill 152. And that's to expand the uses and really get moving on the affordable housing front of our County. You know, lastly, I'll just end with this. We know that Managing Director Lord said that the need to address affordable housing has become an even greater priority as our children growing up here in the County cannot find a home on the island. And that as the Administration, they'd like to create a County where the Page 29 FC-33 April 19,2022 next generations will be able to live on their home island that they can be proud of and can afford it. So I'm glad that the Administration is onboard with affordable housing, and that's what this bill is committing our County to. So I'll leave it at that. Thank you, Chair. ACTING CHR. KIMBALL: Thank you, Council Member Inaba. I'll start in Hilo. Mr. Kaneali`i-Kleinfelder, any comment, discussion? MR. KANEALI`I-KLEINFELDER: Not at this time. Thank you, Chair. ACTING CHR. KIMBALL: Thank you. Anybody over here? Council Member Lee Loy. MS. LEE LOY: Yeah. Absolutely. I'm willing to put it to the voters. The only concern I have in this is subsection (b), "Monies in this fund shall be used as prescribed by ordinance." But then it goes on to say, "The highest and best use . . . " And I think my concern is this definition of highest and best use. I've seen it used in many, many places, and it just kind of bends to the whim of whatever's going on at the time. I like it,just real simple and direct, "as prescribed by ordinance," leaving out, you know, the fluff of, "highest and best use." But I'm willing to put it to the voters. I yield. ACTING CHR. KIMBALL: Thank you, Council Member Lee Loy. Council Member Kierkiewicz. MS. KIERKIEWICZ: Thank you, Chair. I'm wondering if Director Sako is in Hilo Chambers and can provide a little insight and mana`o in the bill that's before us. And Director, because this is one percent of real property taxes, we're looking at—is it just under $4 million at this point, what this could be yielding? MS. SAKO; That's correct. Just under $4 million based on the March budget. So as I've said many times before, you know, we oppose putting percentages of real property tax towards specific purposes. It's great right now when the economy is good and we have the appropriate revenue, but when the real estate market starts to fall, the real property taxes will fall. And there's many fixed costs in our budget already. So as you know, we don't want to get to the point where we're going to have to determine if we're going to have to do RIFs (Reductions in Force), or something like that. I'm not saying that's now, but in the future. It puts us in a challenging position. If it was in the County Code where it could be amended at a future time should the economy get bad, that would be more palatable, but when it's in the Charter and cannot be amended, it's setting up a Page 30 FC-33 April 19,2022 point where real property taxes—or tough decisions are going to have to be made down the road, whether it's to raise rates or cut costs. But those challenges will happen at some point down the road. MS. KIERKIEWICZ: Thank you, Director. I really appreciate your kind of fiscal lens on this. Administrator Kunz, maybe if you could just kind of come forward and provide your insight as well. Because the fluctuations on what this one percent could yield, how is that from a programmatic standpoint. I mean, I think about having to do programs and Administering them and having a specific pot of money that you can count on a regular basis just helps you to plan in terms of staffing, but also setting expectations out in community as to like what can be done. Two million is very different from $5 or $7 million. So just your thoughts on the percentage piece. (Note: At this time, Housing Administrator Susan Kunz came forward to address the members of the Committee.) MS. KUNZ: As we've been having a lot of internal conversations in my office, talking about roadmap strategies, one of those roadmap strategies is the development or seeking out sources of funding, right, for an affordable fund like this. We've been having a lot of internal discussions about this, and one of the key things we talk about is stability,right. In order to really do a good job to manage a fund like this, I would have to have staffing. In order to support staffing, I have to have a steady stream of funding. So a fund that fluctuates or just counting on one source of funds would make it a challenge. MS. KIERKIEWICZ: Okay, thank you. I can appreciate the insight on this fund. This is something that I had actually thought about doing in my, you know, prior term. But I really just don't think that we need to take to the voters what they elected us to do, which is to find funding for housing. I'm going to ask my colleagues to consider postponing this for one meeting. Our office has worked on something. I don't want to veer there. But if the true intent is to find funding for housing in the quickest, most expedient way and have a consistent source, we may have found something. I would love for us to be able to evaluate this bill and that side by side. So just offering that up for consideration. Thank you, Chair. I yield. ACTING CHR. KIMBALL: Thank you, Council Member Kierkiewicz. Council Member Richards. MR. RICHARDS: Thanks, Chair. Something Director Sako made comment on was putting it in the Code rather than in the Charter. I'm very leery about putting things in the Charter, because if we get stuck, we are really stuck with that. So I think I probably can guess why you wanted to do a Charter amendment rather than just being an ordinance, but I think an ordinance gives Page 31 FC-33 April 19,2022 this Council the latitude that may be needed in bad financial times. I am concerned about that, because we're planning for the good time, but we have to plan for the bad time. So that's one of the concerns I have. I think the concept of having a direct funding is really sound and really good. I like that. One of the things I don't like is there's not a cap on this. That could be codified and thereby we don't get ourselves into a situation where we have this accruing, accruing, accruing, that could put us in a financial problem when we look at the budget. You know, it was interesting, the comments were made about we're looking at what we're going to do with the budget, what we're going to do with the Fund Balance that perhaps is there, and how we're going to go forward. But are we going to obligate ourselves to something that's going to put us in bad shape, and if we're looking at trying to figure out how to take care of the community today, but kind of robbing Peter to pay Paul, that sort of scenario is what's going through my mind. Ms. Lee Loy's comments about highest and best use, that is the most crack-up line I've seen because it's used pervasively through government, and no one knows what it means. So I do have to laugh at that statement. I do like the concept of having continual funding rather than having to appropriate. I think that's very appropriate. However, I don't like how it's structured, because if we get stuck, we need to have some form of escape clause, meaning—and I'm fine with it taking council action, but if it's in the Charter, that's like the Constitution, and I don't like doing that unless there's a lot of thought process. Maybe after five years and this is working well, we could be convinced, and it would be a good thing in the Charter. But not initially. Not fresh out of the box. So I like the funding, but I don't think it should be in the Charter. I yield. ACTING CHR. KIMBALL: Thank you, Council Member Richards. Council Member Chung. MR. CHUNG: Yeah, thank you. One would imagine that I would embrace this Charter amendment. First of all, it provides a source of funding, a solid source of funding, to address housing. What causes me to hesitate somewhat is what I just voted on previously. You know, I voted in support of refining the Housing Revolving Fund. But because that fund now will relate specifically to this, and in as much as it does not include protections for moderate income households, I have to be very careful. On one hand, it's really good. You know, when we do develop a source of funding for housing across the broad spectrum, we are the ideal place. You know, look at this, we have County Council, we're the guys who approve Page 32 FC-33 April 19,2022 zoning, right, in terms of developing stuff. We have Corp. Counsel who can be utilized, pressed into action for land use types of work. Even if this thing has to go to the LUC (Land Use Commission), we can have some of our people hone their skills over there doing these this type of work. We have the Planning Department, we have Public Works, we have the Engineering. We can do all kinds of developmental stuff. But because the previous measure did not protect the moderate-income people and this brings-120 AMI(Average Median Income), what kind of house are we talking about? MS. KUNZ: We were talking about close to $500,000; $490,000. MR. CHUNG: Five hundred thousand, right? And what kind of income are we talking about? MS. KUNZ: About$80,000 per person. MR. CHUNG: Per person, yeah. Okay. So we've got to really, really think about these things, you know, because if we lose that population, then we're losing a huge tax base, and we're only going to be—we're going to have an overweight on the low-income population, and we've got to have income generators for our County. I have a question for the County Clerk. Mr. Clerk, County Charter is we've got to get a super majority, right? MR. HENRICKS: Yes, minimum six votes each reading. MR. CHUNG: Whereat what stage—does it have to have a super majority every step of the way? MR. HENRICKS: Not today because we're in Committee. But at the Council readings. At first reading you need six votes; if it doesn't, it doesn't go to a second reading. MR. CHUNG: So it has to, every—and three readings, right? MR. HENRICKS: Three full readings, yes, at full Council. MR. CHUNG: Yeah, I would suggest this thing stay in Committee. That would be my vote. I might lose today. I mean, I might be on a losing side, but it would be my hope that we could kind of refine this. I'm kind of concerned about devoting one percent of our tax base to this thing. I like the idea. We have to find a funding source, but now this all relates back to how we're going to use it. Well, that's my thoughts. Thank you. Page 33 FC-33 April 19,2022 ACTING CHR. KIMBALL: Thank you, Council Member Chung. Council Member Inaba, back to you. MR. INABA: Thank you. Based on the conversation, I mean, I would like to see an expansion of those protections in Bill 152. If we did hold it over though, we stillwe advanced the last bill, so we would be hearing it after this bill anyhow. But I do understand those concerns, Mr. Chung, and regarding Section (b), it was recommended that we use that term, "as prescribed by ordinance." It is related to that specific section; however, we didn't list the number of that section in case we have restructuring of the Code. And in this case, we've provided clear outline of the use of those funds, and at the next stage, it's really for OHCD to determine, based on those uses and the funds that come into that account, which of those uses are going to produce us the best results for affordable housing, and which are going to allow us to leverage and secure additional funding for those efforts. So just circling back to those two specific parts of this bill. But I'll yield at this time. ACTING CHR. KIMBALL: Thank you, Council Member Inaba. Quick check in Hilo. Council Member Kaneali`i-Kleinfelder, any final comment? MR. KANEALI`I-KLEINFELDER: Not at this time. Thank you. ACTING CHR. KIMBALL: Alright. Thank you. I'll just go ahead and say that, you know, I appreciate the attention that Council Member Chung has drawn to just the full price point, the need to address the full price point. I mean, we are in an unusual real estate market. We're highly desirable, particularly for second homes, vacation homes. That is going to—it's supported by a lot of the underlying structures of how our system works, and we are seeing this divide grow between the have-a-lots, and the have-nothing-at-all. And we need to foster that middle, which is those are the folks that keep the fabric of our society together. The folks I mentioned before. Your police officers, your firefighters, your nurses, your doctors. I actually don't interpret and never intended for it to be interpreted, 152, to actually exclude the moderate income. And you'll notice that the very-low, and lower-income actually applies to just(7) and (8), which is for subsidies and grants; it's very specific. When we talk about some of the needs around development of affordable housing, the developers are actually more able to develop those moderate-income units, if we can provide the infrastructure. That's part of what the previous bill does. So you know, we're looking for this full balance. There's a greater need for the County to subsidize that very low-income stuff, because if we provide at least the infrastructure, even the land for the moderate-income housing, developers can still make money off of that. Whereas the very low, Page 34 FC-33 April 19,2022 there's very few scenarios where a private developer can actually make anything off of that. So it's highly disincentivized. It has to be subsidized. So I appreciate the conversation around this. Again, I think one of the keys we identified early on is sustainable funding so that Housing can plan. We have this huge shot in the arm to address the homelessness issue in general with Bill 111. I think realistically you plan differently if you know you've got a sustainable funding stream, after that initial influx of cash. I think this helps at this stage with the planning from all of the folks involved in the housing sector to know that they'll be, after this initial pulse, there will also be sustained funding subsequent to that. Alright, with that, I think again, we'll do a roll call vote. MR. HENRICKS: On the motion to forward Bill 153 to the Council with a favorable recommendation, Mr. Chung. MR. CHUNG: To move this ahead? MR. HENRICKS: Yes, to move it to the Council with a favorable recommendation. MR. CHUNG: Can I make a motion to postpone? MR. HENRICKS: It's up to the Chair. She called for the vote. ACTING CHR. KIMBALL: I'll allow it. MR. CHUNG: I'm sorry, I didn't know we were going to move that quickly. Motion to Postpone: Mr. Chung moved to postpone Bill 153 to the call of the Chair. Seconded by Ms. Kierkiewicz. ACTING CHR. KIMBALL: Any discussion around postponement? MR. CHUNG: I'd like to speak to that too. I mean, I just want to see how that other bill advances. That's all. ACTING CHR. KIMBALL: Thank you, Council Member Chung. Council Member Lee Loy. MS. LEE LOY: Yeah, on the postponement, yeah, I want to take a pause because I have another bill that establishes a cap which then throws all of this planning for money for housing or other opportunities, and you know, I would love to hear a conversation around the cap and possible adjustments to the rates before we start Page 35 FC-33 April 19,2022 moving forward all these ideas of tax, tax setting, going up or down. So I don't think it hurts to hold it in Committee while we hear all the different issues around tax and tax adjustments, so that we have the best information on what our revenues and future forecasts are. ACTING CHR. KIMBALL: Thank you, Council Member Lee Loy. I'm not sure who was first over here. Council Member David, you actually haven't spoken on this matter. MS. DAVID: For this Charter amendment, I think there's been a lot of discussion about how these two go along with each other and I understand that. The Charter amendment, I'm thinking about the discussion about if we do this now, what's going to happen when the market changes or whatever and our revenue sources change. I kind of have a similar recollection when we initiated the two percent one. That was a very similar discussion on what's going to happen unless we do something like this. And thank goodness, it kind of weathered the storm and I'm seeing this because this addresses an important community issue for this island. I see that as a very important way of making sure that there's enough money. The more important thing to me is that the people will decide. Between now and two weeks from now, I'm sure that the proponents of this bill will be bringing forward any amendments that we discussed today. I'd like to see this go forward, and since this is going to take three readings at Council, I want to see what the discussion is and any potential amendments at the next session. So I wouldn't have any objections at this time, only because I think pushing these two together would make more sense in my mind. So thank you. I yield. ACTING CHR. KIMBALL: Thank you, Chair David. Council Member Richards. MR. RICHARDS: Thanks, Chair. I think it does need amendments. I think, like was said, it's not ready to advance forward. But highlight, I just have to make this comment because I make it every year, we don't do our budgeting correctly. We have everything slamming at each other, and this reinforces why I had pushed for an ad hoc committee to work on budget so we can take it all and put it together. So with that, I'm not really prepared to support this, because again, I don't think it should be in the Charter. I think it should stay in the Code. I yield. ACTING CHR. KIMBALL: Thank you, Council Member Richards. Council Member Inaba. MR. INABA: Yeah, you know, we're the point of the Charter is to lock it in, and the idea that we're going to be concerned how we move forward, we have the ability to set the real property tax rates. That's within the County Council's power and duties. So when the County is doing good, we should be doing good Page 36 FC-33 April 19,2022 for affordable housing. If we don't have the funds, we'll probably be seeing a cut across all departments. At the same time, if we're having a hard time surely the people who need affordable housing are probably having a hard time, too. And the point of this is not to lock us into a certain amount, but it's to make sure that we adjust as a County with the income that we're generating specifically with real property tax rates. So I would like to see this go hand in hand, knowing that there is intentions to protect moderate-level income individuals and the subsidies to prevent them from experiencing homelessness or being evicted. But I do think they should be considered together. And this is the most responsible manner for our budgeting process that we're not locking ourselves into a certain amount. But we will see it fluctuate as we see our income fluctuate. Thank you, Chair. ACTING CHR. KIMBALL: Thank you, Council Member Inaba. So the motion on the floor is a postponement to the call of the Chair. I think we can probably try to do that without the roll call. All of those in favor MR. KANEALI`I-KLEINFELDER: Sorry, Chair. ACTING CHR. KIMBALL: Yes. MR. KANEALI`I-KLEINFELDER: Quick question for Mr. Henricks. ACTING CHR. KIMBALL: Go ahead. MR. KANEALI`I-KLEINFELDER: Mr. Henricks, what is timeline due date for Charter amendments to make it on to this year's ballot? MR. HENRICKS: I don't have an answer that you'll appreciate other than that we need to get the ballot language of any amendment that is approved by ordinance to the State Office of Elections by 4:30 p.m. on August 25h, 2022. So you're three readings, you know, that takes at least three Council meetings. We also need to do a resolution, or the Council needs to adopt a resolution that directs the Clerk to submit the ballot language, all before the 25h of August of this year. MR. KANEALI`I-KLEINFELDER: Okay. Thank you very much. Thank you, Chair. I yield. ACTING CHR. KIMBALL: No problem. Okay, all of those in favor of the motion to postpone to the call of the Chair. Page 37 FC-33 April 19,2022 Vote on Motion The motion to postpone Bill 153 to the call of the Chair to Postpone: was carried by the following roll call vote: (Approved) Ayes: Committee Members Chung, Kierkiewicz Lee Loy, Richards, and Acting Chair Kimball —5. Noes: Committee Members David, Inaba, Kaneali`i-Kleinfelder, and Villegas —4. Absent: None. Excused: None. ACTING CHR. KIMBALL: Bill 153 is postponed to the call of the Chair. We can go ahead and move onto an easy one. Bill 154: AMENDS ORDINANCE NO. 21-38, AS AMENDED, THE OPERATING BUDGET FOR THE COUNTY OF HAWAII FOR THE FISCAL YEAR ENDING JUNE 30, 2022 Increases revenues in the Federal Grants—Traffic Safety Training Project account ($3,000); and appropriates the same to the Traffic Safety Training Project account, bringing the total appropriation to $153,000. Funds would be used to provide specialized training for police and prosecutors to combat impaired driving. Reference: Comm. 736 Intr. by: Mr. Kdneali`i-KI einfelder(B/R) Vote on Bill 154: Mr. Kaneali`i-Kleinfelder moved to recommend passage of (Approved) Bill 154. Seconded by Ms. Lee Loy and carried by the following vote: Ayes: Committee Members Chung, David, Inaba, Kaneali`i-Kleinfelder, Kierkiewicz, Lee Loy, Richards, Villegas, and Acting Chair Kimball—9. Noes: None. Absent: None. Excused: None. ACTING CHR. KIMBALL: Alright. Thank you, Mr. Clerk. Final item of business for the Finance Committee,please. Page 38 FC-33 April 19,2022 Bill 156: AMENDS CHAPTER 19, ARTICLE 7, SECTION 19-53, OF THE HAWAII COUNTY CODE 1983 (2016 EDITION, AS AMENDED), RELATING TO REAL PROPERTY TAX VALUATION; CONSIDERATIONS IN FIXING Establishes that the value of property classified as apartment, hotel and resort, commercial, industrial, agricultural or native forests, or conservation cannot be assessed by the County at more than 15 percent than the previous year's assessed value for that property. Reference: Comm. 739 Intr. by: Ms. Lee Loy Motion to Approve: Ms. Lee Loy moved to recommend passage of Bill 154 on first reading. Seconded by Mr. Richards. ACTING CHR. KIMBALL: Go ahead, Council Member Lee Loy. MS. LEE LOY: Thank you, Chair. I'm just going to take few minutes to focus in on, first of all, the formatting of the bill. This particular section of the bill outlined homeowner assessments and then affordable rental assessments, and then provided exceptions for those specific classes. What I did was actually reorganize everything so that when we provided the assessment it was housed in one area; if we provided a cap, it was spoken about consistently within the various sections. So that's what this bill did. So it looks like a lot of underscoring, it's just moving things around. But drilling into what it does, this bill is really one of the solutions that was being offered by the community after seeing you know, it was caused "sticker-shock" as assessments for Commercial, Industrial, Hotel, and some of the other respective categories. I actually had others describe it as whiplash. It really was big jumps. So I had reached to the Mayor at the time when a lot of our assessments was going out, and he was also hearing back from members of our community encouraging, "If you didn't like your assessed value, go ahead and put in a request to reevaluate." It cost everybody $50 just to have the department take a look at what the assessed values were. That deadline was April 11th. So I want to thank Chair David for allowing me to breach the deadline for this, because I still think there's a lot of information to be advanced by the Administration. I don't know how many people contested their assessed values. I have heard it's record high, but I don't know. In addition to setting those values, which kind of happens around this time, it's really hard to begin to assess the fiscal impact of what 15 percent cap does. I did get some preliminary figures as an average as to all of the various real property tax class rates and how they went up on average. So basically, our Page 39 FC-33 April 19,2022 affordable and our residential categories went up, on average, 20 percent; our apartments went up 16 percent; commercial 36 percent; industrial 32 percent; Ag went up 24 percent; conservation also went up 13 percent; and our hotel category went up 58 percent. So I basically took all of those numbers and kind I came up with an average of how much these assessed values went up. And that's how I kind of landed on 15 percent. I didn't pull it out of the air. I tried to use some rationale. I would like to invite Deanna Sako up because we've had some offline conversations about this cap, and it's tough. It's tough for us to figure out how to provide relief our property owners while still getting enough money in our budget to provide all the function and services that we need to provide for our community. So Deanna? (Note: At this time, Finance Director Deanna Sako came forward to address the members of the Committee.) MS. SAKO: I just want to start by saying I have no idea where you got those numbers, and real property values have not been determined yet or certified. So I just want everybody to know those probably are not the final numbers. But you know, anyway moving on. So 15 percent, I'm not sure, you know, exactly where 15 percent came from. You know, our budget is based on our estimates of what total assessed value we're going to be applying last year's rates. You know there's been a lot of challenges with affordable housing as one of them, homelessness. I mean, there's a lot of needs and wants in the community as well as different things such as collective bargaining, fringe benefits and other things that we're required to pay. So as others have said, there's been a lot of needs that came out last week in the budget reviews that aren't necessarily even in the budget yet. So every time we go to restrict something, there's going to have to be a give. Something's going to have to happen. So we have to do a balanced budget and live within 15 percent if that's the case. But I will tell you,just based on the way the bill is written, we can't—the real property tax values are being certified by Real Property Tax today, and we cannot go back and reassess, you know, and apply this to the current taxes. MS. LEE LOY: Yes. And Deanna thanks, Deanna, she's absolutely right. I just pulled some of the old information and that's how I came up with some of these figures. Because I really needed something for us to chew on. And Deanna is absolutely correct. This cap would be relief in future years, which requires us to also look at the rates. Page 40 FC-33 April 19,2022 What I'm trying to achieve is a deeper understanding of what is a very complex process through our budget. It's challenging, and if we are able to establish these guardrails where our businesses can better forecast what the future might look like, that's helpful for us and our economy. The easy thing for—or I don't know if it's really easy but the easier thing to do is to adjust the rates. So I actually saw this as a two-stepper. One is to hold the assessed values, take a look at all of that. And I know, Deanna, it's a lot. It really, really is a lot. But as Mr. Richards said earlier, this is that clunky process that we end up having to go through during our budget cycle. I also heard earlier on our previous discussion regarding a Charter amendment is when it's good, it's good. But what happens when it goes down. I would love to hear some thoughts about setting a floor also. So if we go up, cap it at 15 percent, if it goes down capping it both ways. So we actually have more of a stable foundation of where our real property tax revenues come from, along with, you know,just the boundary lines and the guardrails on what those ups and downs of our real estate market look like. Again, we heard a lot of testimony. I know this is definitely something that our business community is looking for and providing solutions for us as far as making our business decisions for our budget. With that, I yield. ACTING CHR. KIMBALL: Thank you, Council Member Lee Loy. Any discussion? Council Member Richards. MR. RICHARDS: It's all about the numbers, right? Conceptually, I really like this. Having to think through this—and this is actually not a novel idea, it's you know, if you think about if we're looking at commodities, they have limits on commodity volatility, again, to stabilize the markets. And that's essentially what we're talking about here. To stabilize income stream, but also to stabilize expense on the homeowner or the property owner's side as well so we don't skyrocket up and also don't skyrocket crash or go down too fast. I like that because it again puts those guardrails around this so we're not so volatile. And of course, no one ever thought that we'd be seeing that here now, given the pandemic; but we do, and we are dealing with that. If I might ask Ms. Lee Loy a question, when you reference this, the tax would not—or the assessment would not change unless any portion of the property was sold. And in the homeowner, in agriculture, I think I can see that. But if we're including the hotel side on that and we have in that structure timeshares and things like that, have we thought through on that process? Because again, a good number of those are in my district and I understand what the intent is, and I know they have skyrocketed because I've been contacted by them. But are we thinking Page 41 FC-33 April 19,2022 through that? That's a question that I have because that could be an unintended consequence on this. Again, I like limiting the volatility, but I want to be sure we think through the whole process. Thanks, Chair. I yield. ACTING CHR. KIMBALL: Thank you, Council Member Richards. Council Member Lee Loy, did you want to respond to that? MS. LEE LOY: Yeah. And you know, I actually really do appreciate that input. I did not really think all those things through, but I did give deference to that by reorganizing it the way I did. Because prior to the way it was set up currently in the chapter, it was, we talked about affordable housing, and it provided a space there. I think the way we reorganized it actually lends itself for future amendments to allow for all of those other pieces that come up in the future. MR. RICHARDS: Quick response? ACTING CHR. KIMBALL: Go ahead, Council Member Richards. MR. RICHARDS: Yeah, thanks. I appreciate that. Again, for the public, this is how we have to do this. We can't talk about this unless we're front of everybody. So I'm very happy to work on some of that going forward just to make sure we don't have any of those unintended consequences. Thanks. ACTING CHR. KIMBALL: Thank you, Council Member Richards. Council Member Chung. MR. CHUNG: Thank you. I don't know if it was at the budget reviews or at our last Committee or Council meeting. But I know during a conversation that I had with Deanna, I said I'm not a real big fan of these real property tax caps, right? And then right after that, boom, here comes this measure. So let me think about this now. I guess the cautionary tale is the Proposition 13, right, in California. I mean, that kind of almost ran those guys broke. So you know, we really have to be wary of what these caps can do. As I said, I'm not a big fan of these caps,just as I'm not a big fan of, you know, devoting a portion of our total budget to a certain purpose. Not saying I would vote against these things, but I'm just, you know, not a real big fan. But when I took a look at this one, though, it's a little bit more palatable. For affordable housing, yeah three percent—is it three percent? Yeah, and that makes sense. You know, it's affordable housing after all. For everything else, Page 42 FC-33 April 19,2022 15 percent, I think that's pretty reasonable. If it were at three percent, I would say absolutely not; I cannot. You know, I cannot vote in favor of that. But 15 percent, you know, that's pretty safe. We would hope that people's real property tax responsibilities don't have to increase by 15 percent every year, that's rough. But I'm inclined to support this for now. And we have some time, I think, to really digest this. But is this this is not intended to apply to this fiscal, right? So I think it should be reflected in the ordinance. Because it says, "This ordinance shall take effect upon its approval." Approval could conceivably happen prior to the end of the fiscal year. And even if it's not—it's impossible to do things, and the fact of the matter is, it's going to be effective upon its approval. So I would just make that suggestion, that it takes effect July or whatever. That's all I have to say. ACTING CHR. KIMBALL: Thank you, Council Member Chung. Council Member Kierkiewicz, go ahead. MS. KIERKIEWICZ: Thank you, Chair. Thank you, Council Member Lee Loy, for bringing this forward. We were all inundated with emails and calls from folks just, as you say, having whiplash over the assessments. A few of my constituents within Pahoa were talking about their assessed values being like 305 percent more than 2020, which is just crazy when you think about no real work was done to the facilities. So I am thinking that the whole process is not just flawed but was a little bit predatory in nature. Folks really need to be able to plan, and coming out of the pandemic, we need to be finding ways in which we are supporting our community and our small business. Is your intention with this, because I know that you're looking to provide relief right now, this ordinance wouldn't do that, is this just meant to spark conversation? I know that there are folks here like Council Member Richards that elevated some concerns. Are you looking to create an ad hoc committee to get more kind of meeting of the minds together to shape a product here? Just trying to get a sense of what you are looking to achieve because it's not going to have an impact right now. And I just want to make sure I'm saying that so that folks have clear expectations of what's going to happen should we advance this. MS. LEE LOY: Chair if I may respond? ACTING CHR. KIMBALL: Go ahead, Council Member Lee Loy. MS. LEE LOY: Yeah, thank you for that question, Ms. Kierkiewicz. Actually, it really is intended to be a two-stepper. I want the Administration to have the ability to plan for the future—well first and foremost, this is being elevated by community. This is my direct response to listening to them. So you're absolutely right, it doesn't provide them initial relief on their August 20th tax bill. Page 43 FC-33 April 19,2022 So the second step would be advancing different rates. All of it is all so very, very challenging because as Deanna mentioned, we haven't gotten the certified values, we don't know how many appeals are out there. So I would love for this to stay in Committee to keep massaging it. We have other pieces of legislation that are being advanced, our Charter amendments and other things, and I really am trying to take this clunky system of how we budget, how we set our tax rates and the values, and then prepare for that next year's budget. So I really am a firm believer good information helps us make good decisions, but I needed to get something going now so that we can actually better plan for the 2023-24 budget and then there beyond. I would even consider taking this to an ad hoc committee, because tax reform is something we really, really need to consider, and some things that I have not really yet begun to evaluate with the cap and the setting of the various rates of what that does to our bond rating, what that does to our list of CIP (Capital Improvement Projects)project, what that does to all the various bond floats that we put out there. And I really would want us to really take this opportunity and really get our arms around how we, as you mention, clearly articulate what we're trying to do, but more importantly meet those expectations for our constituency. MS. KIERKIEWICZ: Thank you. I really appreciate that. Yeah, I would be in favor of keeping this in Committee and maybe formulating an ad hoc. And you know, getting the Finance Department to be working in collaboration with us on this and doing a lot of those financial impacts and assessments to just look at the projections, right? What would happen if we were to play around with some of the percentages as it relates to the floor and the cap. So appreciate you putting something out there so we can have the conversation, and just your willingness to have everybody kind of contribute and design it. So thank you. Chair, I yield. ACTING CHR. KIMBALL: Thank you, Council Member Kierkiewicz. I'm going to check over in Hilo first. Council Member Kaneali`i-Kleinfelder, any comments? MR. KANEALI`I-KLEINFELDER: Yeah. Mahalo, Chair. I just want to check on some of this. So it's not going into effect this year, we clarified that. If you can help me understand the date within Section (3), for the January 1, 2022, as well as the market value section. Maybe Ms. Sako if you can help me understand what this language would do. MS. SAKO: So the way the bill is written right now, yes, it's requesting us to go back to January 1st, and adjust the values and cap them at 15 percent. I know that sounds easy, but it's not. When we had many businesses, not just businesses, but all of these properties and these classifications do remodeling, Page 44 FC-33 April 19,2022 additions, you know, added value on their own to the properties, so that would take us having to evaluate each property one-by-one. It's not an automatic feature. So the way the bill is written, we don't think we can comply with it, which is kind of said earlier. But even going forward we have concerns, which is why I like ad hoc or at least more discussion, with the way our system can do it. Because last week also at budget review, you know, tiered rates, other things came up as well. And we have limited fields in our system to work with, so we wouldn't be able to accommodate everything. MR. KANEALI`I-KLEINFELDER: Okay, so it was stated that this will not take effect until July lst, but even the wording within this Section (3)would be contentious with what was stated already. Is that—? MS. SAKO: Yeah, it would have to be amended. MR. KANEALI`I-KLEINFELDER: Okay, so the bill itself has to be amended before we'd be able to look at this as a whole—if it was to take effect going forward for Fiscal Year 2022-2023. MS. SAKO: Correct, yes. MR. KANEALI`I-KLEINFELDER: Let's say it did take effect July 1't, 2022. Would it affect the assessments for 2022-23? You guys could handle that on the Real Property end? MS. SAKO: So the assessments we did as of January lst are what's coming up that we will be using for the Fiscal Year 2022-23. So I'm not sure I understood the question. I mean, we MR. KANEALI`I-KLEINFELDER: I may not have asked it right. I apologize. MS. SAKO: Okay,just based on the way the current County Code is written, we cannot go back and reassess right now. MR. KANEALI`I-KLEINFELDER: Okay. That is clear enough. Okay, so going forward, it should provide some protection for the apartment, hotel, resort, commercial, industrial, ag, native forest, and conservation. Not so much anything for homeowners, but also yeah, not so much for homeowners. MS. SAKO: So homeowners are capped at three percent. MR. KANEALI`I-KLEINFELDER: The three percent, which is good. Page 45 FC-33 April 19,2022 MS. SAKO: As is affordable rental. MR. KANEALI`I-KLEINFELDER: That is important. Would it be fair to ask for like a financial impact statement? MS. SAKO: Yes, it has to be in writing to the Finance Director. MR. KANEALI`I-KLEINFELDER: Not verbally? MS. SAKO: My understanding of the County Code is it says in writing. But I'd be happy to prepare that for you. MR. KANEALI`I-KLEINFELDER: Okay, I think that would be good, so we can make a good decision on this and understand what this is going to do. Looking at Mr. Chung brought up, and this was brought up by another friend of mine too, was that the Proposition 19 from California? MS. SAKO: Prop 13 I think, but yes. MR. KANEALI`I-KLEINFELDER: Prop 13. What led to that kind of breakdown of the government and the tax and the real property value? Are we looking at the same thing with a bill like this? MS. SAKO: Yes, definitely. You know, one of the reasons we have the bond rating the way we do is that we don't have something like that, capping it. Capping our assessments, you know, at a certain amount. This would put the same effects in place for everything except the residential category of our real property tax classes. So, you know, definitely a lot of things will be impacted. It's always been that the assessments are the assessments, and then the Council adjusts the rates, and that's how the protections are afforded to our taxpayers. MR. KANEALI`I-KLEINFELDER: That's what I've understood. Okay. Within the Section (3) again, it looks like the valuation on improvements on the property continue to be assessed at market value. MS. SAKO: For the first year, correct. MR. KANEALI`I-KLEINFELDER: For the year that the improvement would be made. MS. SAKO: Right. It would get marked to market basically. MR. KANEALI`I-KLEINFELDER: So there's no reduction on improvements made. Okay. Yeah, I'd like to see a financial impact statement for this. I can do Page 46 FC-33 April 19,2022 that in writing if that's required, but I think I can do it via this component right here. MS. SAKO: Okay. ACTING CHR. KIMBALL: Council Member Kaneali`i-Kleinfelder,just to let you know your light just turned yellow over here. MR. KANEALI`I-KLEINFELDER: Okay. I think it's important to state, I mean the last year, two years have been very interesting in the real estate market. While there is a huge property tax assessment increase, the tax rates haven't changed, and it's important to note. But also, on the back end of that, a lot of folks made a lot of money over the last two years. If you sold a house, you did extraordinarily well. That's caused a lot of income to influx to our community, as well as a lot of outside income coming into our County. There's a lot of things at play in my mind here, more so than just the valuations. So it goes back and forth to me. It's kind of a double-edged sword for the community and for government in my opinion. I'm interested to see what the bill's introducer wants to do at this point. I have some questions going forward, but for now I yield, Chair. And thank you, Ms. Sako. And thank you for being here today all Real Property and Finance folks. Thank you. I yield, Chair. ACTING CHR. KIMBALL: Thank you, Council Member Kaneali`i- Kleinfelder. Back to you, Council Member Richards. MR. RICHARDS: Thank you, Chair. I just wanted to speak real quickly to Mr. Chung's point concerning valuation. I know, and this is a paradoxical deal, one of the resorts in my district, their valuation has doubled since last year. And paradoxically it's because they did a lot of work on the hotel without income. So that's where a lot of this conversation is starting. Well we need to figure out how to help them out, because the hotel, the Kohala Coast Resort Association, they kept their employees on the health benefits throughout the last couple of years to the tune of, I know it's at least$30 million, if not higher. So anyway, Chair, I yield. ACTING CHR. KIMBALL: Discussion? Council Member Inaba. MR. INABA: Just real quick. I think we're all trying to get creative here with the real property tax. I do want to see that financial impact statement, Ms. Lee Loy, but appreciate what's being brought forward from all angles to try and kokua our residents. So with that, I'll wait to hear what you have to say moving forward. Page 47 FC-33 April 19,2022 ACTING CHR. KIMBALL: Thank you, Council Member Inaba. Any other comments? Alright, I just had a couple of questions for our RPT/Finance folks. I'm not sure who's over there. MR. KANEALI`I-KLEINFELDER: You have the directors of both departments here right now. ACTING CHR. KIMBALL: Alright, great. The first question I had was the valuation, you know, it was briefly talked about. I think it was Mr. Hunt that mentioned in the budget hearings about some of this is "catch up" in the sense that maybe properties in the vicinity yeah, we can have property that hadn't sold in recent history and so there's been more activity on the real estate market. So some of these are getting reassessed at a higher percentage just because they haven't had incremental assessments over recent years. I'm not trying to put words in your mouth, but I kind of want to understand that a little bit better. (Note: At this time, Deputy Finance Director Steven Hunt came forward to address the members of the Committee.) MR. HUNT: Yes, Steven Hunt, Deputy Director of Finance, for the record. That was what I was alluding to, that just because the percentage of the property counts that are in the commercial-industrial market relative to a residential market which is a very active market, they don't transact as often. So when I believe we saw a lot of business closures that were owner operated. So they owned the real estate, and they operated the business. When the business closed, they didn't have the need for owning the commercial real estate, so they became available. I think we started seeing a lot of activity in that commercial market that we hadn't had in a number of years, so it was that sort of that mark to market that you started seeing now, where in the absence of activity it would sort of follow the real estate trends, but it may not be following directly the same proportion increases or the incremental increases that might have occurred in the residential market, which was an active market, and probably were reassessed at a higher appreciation than some of the commercial just because of the lack of activity. I think that's what I was trying to allude to in the last conversation. ACTIVE CHR. KIMBALL: Okay, thank you for clearing that up. So is there a prescribed amount of activity that has to be taken into account with an assessment. I mean, is there a number of sales that have to happen within a certain radius, or how do you make the determination whether or not to use similar sales in a similar area to reassess? MR. HUNT: I'll give you my take and then I'll defer to Lisa because she's the actual one that implements it. But having been an assessor myself, you don't take outliers, so if you have one, two transactions in a year, which on Kauai where I was an assessor, even fewer property counts, even fewer transactions, Page 48 FC-33 April 19,2022 you don't make a carte blanche in a market with one or two transactions, especially if one might have been a short sale or one someone paid specifically over market because they had to have it per plottage for their adjacent lot or something like that. So I think you look at the market first as a whole, so you don't look at the area that the area that the sales are taking place, you look at what's going on in a specific segment of the market whether it be commercial, industrial, resort, residential, and kind of build your case on that,just on the entire market and what's going on. You're looking at also your sale to assessment ratios, so you're looking at your current assessment relative to what the property just sold at and what that differential might be. So you're looking at that across the board as well, and then you start drilling down into specific markets. So you know, for here, Hilo, Kona, Puna, areas like that, where you have activity and maybe it's outpacing the market because a new demand or a new employer or new activities are taking place in that area that is causing that increase. So you kind of have to look at it both from a micro and a macro perspective when you're making that decision to bring up your sale to assessment ratios for those particular markets. And I'll defer to Lisa for any additional commentary on that. (Note: At this time, Real Property Tax Administrator Lisa Miura came forward to address the members of the Committee.) MS. MIURA: No, I think Steve said it all. ACTING CHR. KIMBALL: Thank you very much for that, the clarification. It's helpful to understand how all this works. I, like my colleagues, certainly appreciate the intent of this. And I really like the idea of moving forward with an ad hoc that allows us to explore how these things all balance out in a little bit more depth. You guys know I love playing with spreadsheets and stuff, so I happily volunteer to support that effort. I did have one concern with fairness, and that has to do with the conversation we were just having. If you've got a piece of commercial property that's in an area where there's fairly frequent sales that are comparable, they're going to incrementally have their values increased five percent here, five percent here, over the past couple of years, whereas another property that doesn't experience that same level of sales and they did this last year, all of a sudden, they're upping by 20 percent where they maybe haven't been upped. So who kind of gets the short end of the stick there is the people that have paid that incremental increase. So I just want to be really careful and mindful about that. I really appreciate the conversation and the discussion, and I think, and I don't know what move you Page 49 FC-33 April 19,2022 want to make next. I see Council Member Richards wants to make a comment, but I'd definitely support digging into this a little bit deeper to figure out how we can get some relief through and ad hoc process. Council Member Richards, please. MR. RICHARDS: Just concerning valuation, I did want to point out that there was not a complaint about the valuation. They thought they actually did a very good job. It was just the jump of the tax bill, that's where the concern is. But they thought it was very fair on how our valuators proceeded. So I just wanted to make sure that was clear. ACTING CHR. KIMBALL: Thank you, Council Member Richards. Any further discussion? Okay, we have a motion on the floor. Did you want to make any further adjustments? MS. LEE LOY: I do. I want to make a motion to postpone Bill 156 to our May 3rd meeting. Motion to Postpone: Ms. Lee Loy moved to postpone Bill 156 to May 3, 2022. Seconded by Mr. Inaba. MS. LEE LOY: On the postponement, Chair? ACTING CHR. KIMBALL: Yes. MS. LEE LOY: Yeah, absolutely. I think we'll have more information. We'll have the certified values. We'll have the Mayor's next budget. I think it will ripen at that time on our next steps, because as I mentioned, this does not provide the relief on the August 20 tax bill, which is what I believe our constituents are asking for. That will be done with the rates. But we need the certified values and the Mayor's next iteration of the budget, understanding what we all get from the State by way of any funds if any. I think that picture will begin to fill in and we'll be able to make some good decisions. And I hear my colleagues asking for a fiscal impact statement. We're not going to get it without those building blocks for those things. So please, I encourage my colleagues to support the Postponement. ACTING CHR. KIMBALL: Thank you, Council Member Lee Loy. Council Member Inaba. MR. INABA: Thank you, Chair. I just want to make sure that we will actually have something. I mean, I know it's the day before May 5d', but will—Deanna, will we have something by May 4d'? Page 50 FC-33 April 19,2022 MS. SAKO: You definitely will not have the amended budget on May 3rd. That's two days prior to when the Mayor's Administration is required to submit it. We most likely will have transmitted the certified values, but I would caution the Council that it's not just a straight math to convert. There's actually, the way our Code is with the homeowner's exemption and the 2HX or what we call the Second Homeowners Exemption in January, there's a lot of numbers that go into that calculation. So you might need a little bit of help doing that conversion. MR. INABA: Okay, thank you, Deanna. With that, Ms. Lee Loy, I want this conversation to advance, but I'm not sure May 4 or May 18 might be more appropriate. May 18 is the next Council meeting after that, where we should really have those numbers that can help us with a robust conversation. Chair, I yield. ACTING CHR. KIMBALL: Thank you, Council Member Inaba. Council Member Lee Loy. Withdraw Motion MS. LEE LOY: Thank you. Thank you for looking ahead for me. Actually, I'll to Postpone: withdraw and make a motion to postpone to the May 17 Committee. Motion to Postpone: Ms. Lee Loy moved to postpone Bill 156 to May 17, 2022. (Approved) Seconded by Mr. Inaba and carried by the following voice vote: Ayes: Committee Members Chung, David, Inaba, Kaneali`i-Kleinfelder, Kierkiewicz, Lee Loy, Richards, Villegas, and Acting Chair Kimball–9. Noes: None. Absent: None. Excused: None. ACTING CHR. KIMBALL: The motion passes. Before we make the motion to adjourn, I'm going to pass the chair back to Council Member Kaneali`i- Kleinfelder, please. Relinquish Chair: Acting Chair Kimball relinquished the chair to Chair Kaneali`i-Kleinfelder. CHR KANEALI`I-KLEINFELDER: Mahalo, Ms. Kimball. Let the record reflect I am resuming chair for the Finance Committee. With that— MS. hatMS. KIMBALL: Chair, I'd like to make a motion. CHR KANEALI`I-KLEINFELDER: Yes, go ahead, Ms. Kimball. Page 51 FC-33 April 19,2022 Reconsider Vote Ms. Kimball moved to reconsider the vote to postpone on Bill 153: Bill 153 to the call of the Chair. Seconded by Mr. Inaba. CHR KANEALI`I-KLEINFELDER: Ms. Kimball. MS. KIMBALL: In the interim between when we had the vote on the postponement and now, I was provided with a little bit more details about our schedule in terms of where we need to get things for a Charter amendment and the timeliness of this. So my decision to hold it in the Committee was so that we could make some of those amendments that were brought up by my colleagues. But at this point just to meet the timelines of the Charter amendment, I think it's actually important to keep this moving. So that is the reason for my motion to reconsider. CHR KANEALI`I-KLEINFELDER: Okay. Any other discussion? Okay, seeing none, Mr. Clerk, if you could. Vote on Motion The motion to reconsider the vote to postpone Bill 153 to to Reconsider: the call of the Chair was carried by the following roll call (Approved) vote: Ayes: Committee Members David, Inaba, Kimball, Villegas, and Chair Kaneali`i-Kleinfelder—5. Noes: Committee Members Chung, Kierkiewicz, Lee Loy, and Richards —4. Absent: None. Excused: None. CHR KANEALI`I-KLEINFELDER: Thank you, Mr. Clerk. So that would bring the motion back to the floor, correct? MR. HENRICKS: Correct. The motion on the floor is to forward Bill 153 to the Council with a favorable recommendation. CHR KANEALI`I-KLEINFELDER: Okay, do we have to bring back the motion, or is already considered on the floor and we can proceed with discussion. MR. HENRICKS: The motion on the floor is to forward Bill 153 to the Council with a favorable recommendation. CHR KANEALI`I-KLEINFELDER: Okay, Ms. Kimball. Discussion? MS. KIMBALL: Again, we had a very thorough discussion. We are past the 1:30 hour. I think a lot of us are ready for a bio break and some food. I don't Page 52 FC-33 April 19,2022 know that we need to go into this in greater detail. But again, the reason for reconsideration and continuing this to move forward is really to make sure we have a comfortable timeline for getting this through to the final stage for a Charter. We will have three hearings on this in Council but do require a super majority vote as was mentioned prior. So there's lots of time to continue to address the issues. Thank you, Chair. I yield. MS. KIERKIEWICZ: Chair? CHR KANEALI`I-KLEINFELDER: Mr. Kierkiewicz, go ahead. MS. KIERKIEWICZ: Thank you. I really implore the introducers of this legislation to postpone at least one more meeting. I think a lot of us had raised some concerns that really should be refined at the Committee level. So just implore you to consider that, and also consider all options, right? If the goal really is to truly support funding for housing, there might be a more expedient way to do this outside of the Charter. Thank you, Chair. CHR KANEALI`I-KLEINFELDER: Thank you, Ms. Kierkiewicz. Anyone else? Okay hearing none, the motion on the floor is to forward Bill 153 to Council with a favorable recommendation. Mr. Clerk, could you do the honors, please? Vote on Bill 153: The motion to recommend passage of Bill 153 on first (Approved) reading was carried by the following roll call vote: Ayes: Committee Members Chung, David, Inaba, Kimball, Lee Loy, Villegas, and Chair Kaneali`i-Kleinfelder—7. Noes: Committee Members Kierkiewicz and Richards —2. Absent: None. Excused: None. CHR KANEALI`I-KLEINFELDER: Thank you very much, Mr. Clerk. Bill Number 153 is forwarded to Council with a favorable recommendation. And that does bring us to the end of our agenda, I believe. Page 53 FC-33 April 19,2022 ADJOURN- There being no further business, at 1:33 p.m., Mr. Inaba moved to adjourn MENT: the meeting. Seconded by Ms. Lee Loy and carried by the following voice vote: Ayes: Committee Members Chung, David, Inaba, Kaneali`i-I�leinfelder, Kierkiewicz, Lee Loy, Richards, Villegas, and Acting Chair Kimball—9. Noes: None. Absent: None. Excused: None. Approved: (40(ly (tt Mr. Matt Kaneali`i- 4 leinfel o'-r, Chair (Date) Finance Committee HK/ja Page 54