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JNtV 0 <br />COUNTY OF HAWAVI STATE OF HAWAVI <br />BILL NO. 104 <br />(DRAFT 5) <br />ORDINANCE NO. <br />AN ORDINANCE AMENDING CHAPTER 19, ARTICLE 1, SECTION 19-2; CHAPTER <br />19, ARTICLE 7, SECTION 19-53; AND CHAPTER 19, ARTICLE 11, SECTION 19-90, <br />OF THE HAWAIJ COUNTY CODE 1983 (2016 EDITION, AS AMENDED), RELATING <br />TO THE CREATION OF A LONG-TERM RENTAL CLASS FOR REAL PROPERTY <br />TAXES. <br />BE IT ORDAINED BY THE COUNCIL OF THE COUNTY OF HAWAI'I: <br />SECTION 1. Purpose. The purpose of this ordinance is to provide a voluntary tax <br />incentive to increase available housing stock in the rental market through the creation of a new <br />long-term rental real property tax classification. <br />SECTION 2. Chapter 19, article 1, section 19-2, of the Hawaii County Code 1983 (2016 <br />Edition, as amended), is amended by adding a new definition of "long-term rental" to be <br />appropriately inserted and to read as follows: <br />""Lone -term rental" means property occupied for twelve consecutive months and under a <br />signed lease for six consecutive months or more to the same tenant (s). <br />SECTION 3. Chapter 19, article 7, section 19-53, of the Hawaii County Code 1983 (2016 <br />Edition, as amended), is amended by amending paragraph 19-53(e)(1) to read as follows: <br />"(1) Except as otherwise provided in subsection (e)(2) of this section, land shall be <br />classified, upon consideration of its highest and best use, into the following general <br />classes: <br />(A) Residential; <br />(13) Affordable rental housing; <br />(C) Apartment; <br />(D) Hotel and resort; <br />(E) Commercial; <br />(F) Industrial; <br />(G) Agricultural or native forests; <br />(H) Conservation; [a-ftd] <br />(1) Horneowner[-.], and <br />(J) Long-term rental." <br />