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HomeMy WebLinkAboutCOM 0663.011 2002-2004 MSY OI~ Harry Kim ~,c~ ~ ••~a William Takaba Mayor K• Director Nancy E. Crawford • • Deputy Olrecror County of Hawaii Finance Department 25 Aupuni Street, Room I IS • Hilo, Hawaii 96720 (808)961-8234 Fax (808)961-8248 ~7 July 15, 2004 ~ r- s Honorable James Arakaki, Chairperson and _ Members of the County Council Hawaii County Council s 25 Aupuni Street Hilo, Hawaii 96720 Re: Resolution 203-04, Authorizing the Acquisition of Private Property by Eminent Domain or Negotiation for a Pahoa Village Resource Park On July 9, 2004, I transmitted to you an appraisal by Lawrence Appraisal Group Hawaii-Inc., dated June 18, 2004, for Ms. Monika Mallick. The appraisal showed a market value for the property (TMK: 1-5-002-024) at $810,000. Ms. Mallick was later informed that the subject property contained four legal lots and subsequently ordered an amended appraisal from the Lawrence Appraisal Group. For your information, the amended appraisal shows a new market value of $900,000. Should any member of the County Council want to review the appraisal or want a personal copy, please let me know and I will have it duplicated. We were provided just one copy by Ms. Mallick's attorney. Thank you very much. William Ta1.aba Director of Finance cc: Wil Rosdil Comm. No. Ref. To: Ref. Dale JUL Q