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HomeMy WebLinkAboutCOM 0675.660 2022-2024From: John White Sent: Tuesday, November 5, 20242:30AK4 To: Council Testimony Cc: 0ivemVVhite Subject: Bill 121 Testimony To the Honorabte Members of the Hawaii County Councit, I am writing to express my profound concern regarding the proposed amendment in Bitt 121 that mandates the expiration of Nonconforming Use Certificates (NUCs) upon the sale of a property. As a smatt business owner who has invested in vacation rentat properties through a family -owned LLC, this change threatens not only our livetihood but atso the financiat future of our family. When we purchased our property, the NUC was an integral part of its value. It was not merely a permit but a critical asset that justified the significant investment. The proposed expiration of NUCs upon sale effectively strips away this value, constituting a de facto taking of property without just compensation. This undermines the fundamental principles of property rights and coutd be considered unconstitutional. Furthermore, owning property through a business entity like an LLC is a common and tegitimate practice for asset protection and estate planning. Penatizing business ownership structures by invalidating NUC|o upon transfer disrupts estabLished financial ptanning and couLd have far-reaching negative impacts on the real estate market. I respectfuRy urge the council to reconsider this amendment to protect the rights ofproperty owners and maintain confidence inour iOC8ieconomy. ReopmnthJUvnubrnbtad '� , John PWhite 78-O81Horseshoe Turn Road Kaiiva-Kona,H|SS74O .