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HomeMy WebLinkAboutCOM 0104.002 2000-2002 BILL 29, Draft 2 AN ®RDINANCE AMENDING CHAPTER 19, ®F THE HAWAII COUNTY C®DE 1.983 (19'95 ~t~ITI®N), RELATING T® REAL PR®PERTY TAXES E3Y ELANE Y®KOTA CORPORATE COUNSEL FOR VERIZ®N HAWAII APRIL 4, 2001 Good morning Chair Arakaki and Members of the Hawaii County Council. I am Blane Yokota, Corporate Counsel testifying on behalf of Verizon Hawaii ("Verizon). Thank you for the opportunity to testify regarding Bill No. 29, Draft 2 "AN ORDINANCE AMENDING CHAPTER 19, OF THE HAWAII COUNTY CODE 1983 (1995 EDITION), RELATING TO REAL PROPERTY TAXES." It is a distinct privilege to testify in support of Bill No. 29, Draft 2 which provides for the automatic reinstatement of a real property tax exemption for utilities once the state legislature passes and the governor signs into law the remedial legislation which will effect a sharing of the Public Service Company Tax revenues collected under HRS Section 239-5(a) and finally settle the long standing dispute between the State and the Counties regarding real property taxation. Verizon appreciates the time and effort devoted by Hawaii County and this council to negotiating the final settlement reached by the parties. Thank you again for the opportunity to provide testimony on this matter. Comm. Na / ~ . Z"' File No.~„~...~., .x, x~3!$ cov,u~. Fief. lo:~ ~ .APR 3 2 .