HomeMy WebLinkAboutREP FC 150 12/04/2001 2000-2002 IZEPORT OF TIIE
COMMITTEE ON FINANCE
DATE: December 4, 2001 Re: Comm. No. 419/Res. No. 147-01
PLACE: Council Chambers
TIME: 11:05 A.M.
Council Chair and Members
Hawaii County Council
Hilo, Hawaii 96720
Your Committee on Finance, to which was referred Resolution No. 147-01, reports as follows:
Resolution No. 147-01, transmitted by Director of Finance William Takaba, via Communication No.
419, dated November 5, 2001, authorizes the Director of Finance to compromise taxes, penalties, and
interest owed on a private park in Sunrise Ridge Subdivision Phase, II, identified as Tax Map Key: (3)
2-3-050-072.
In 1976, Ordinance 201 was adopted by the County Council requiring that an area be set aside for park
and recreational purposes as part of the overall development of Sunrise Ridge Subdivision in Hilo. The
aforementioned parcel was filed as a private park with both the Land Court and the bureau of
Conveyances in 1995. The owner of this parcel is listed as Sunrise Ridge Phase II and listed taxpayer of
the parcel as Chiaki Matsuo, who passed away several years ago.
The purpose of this resolution is to authorize the County Director of Finance to compromise $8,691.93
in taxes, penalties, and interest owned on this parcel to an amount equivalent to the minimum tax rate
that should have been applied for the tax years 1996 to 2000.
Pursuant to Section 19-3(12), Hawaii County Code, authorizes the Director, with the approval of
Council, to compromise any claim exceeding $500.
Resolution No. 147-01, Draft 2, was referred to Your Committee via Communication No. 419.1, dated
November 23, 2001, from Director of Finance William Takaba, which amended a mathematical error of
$.02 in determining the difference between the assessed rate and the compromised rate in taxes,
penalties, and interest.
Your Committee on Finance is in accord with the purpose and intent of Resolution No. 147-01, Draft 2,
and recommends its adoption.
smc
Ayes NOES A&F. Ex Respectfully submitted
CHUNG X
rlslccHlo x COMMITTEE ON FINANCE
ARAKAKI X
ELARIONOFF X
JACOBSON X
LEITHEAD-TODD X
SAFARIK x AARON S.Y. CHUNG, CHAIR
FC REPORT NO. 150
TYLER x ADOPTED: D
YAGONG X