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HomeMy WebLinkAboutCOM 0370.000 2004-2006 OMtY Os N, Harryl<im William Taknba • ~Jiya Unt'°r Over lnr Nancy G Crawford o!M~ Uepun' Ovrrror ~ Of ~Nr County of Hawaii Finance Department . 2i Aupuni StrceL Ruum I15 • Hlo. I luw:ui 9(720 _ 15081961-5?34 . Pax f80819fi 1-5218 July 19, 2005 Honorable Stacy K. Higa, Chairman and , Members of the Hawaii County Council Hawaii County Council 25 Aupuni Street Hilo, Hawaii 96720 Re: Compromising Real Property Taxes for the California Institute of Technology The California Association for Research in Astronomy ("CARA") is snot-for-profit corporation that operates the W.M. Keck Observatory in Kamuela. In June 2001, CARA purchased aone-half acre parcel, TMK: (3) 6-5-004-057, adjacent to the W.M. Keck Observatory to help settle a community concern over the proposed uses of this parcel. Although this parcel would have qualified for an exemption from real property taxes except for the minimum tax, it was being taxed without the exemption since no application was filed with the Real Property Tax Division by the parcel's legal owner, the California Institute of Technology ("Caltech"). Caltech is one of the parent organizations of CARA. Since all property tax bills were being sent to the Caltech headquarters in Pasadena, California, the Director of CARA states that he was unaware that the parcel was not receiving a tax exemption and that its property taxes were not being paid. Upon discovering this, he immediately arranged to pay its delinquent taxes. The Director of CARA has requested that the County approve the parcel's tax exempt status as of June 2001, refund the resulting overpayment in taxes for the 2001-02 to 2004-05 tax years, and adjust its property tax bill for the 2005-06 tax year. Enclosed is a resolution authorizing the Director of Finance to compromise the sum of $15,630.00, being the amount of taxes owed on the parcel identified as TMK: (3) 6-5- 004-057 less the minimum tax for the 2001-02 to 2005-06 tax years. The adoption of this resolution will enable the Director of Finance to approve all three of the above requests. Comm. No. 3 ~ ~ ~P,; ~ ~2~ uS ~ Ref. To: L Ref. Data~~_ Hawan County is an Equal OppoRunity Provider and Emp/oyer Honorable Stacy K. Higa And Members of the Hawaii County Council Page 2 July 19, 2005 Should you have any questions, I will be happy to discuss them with you. Thank you. - - William Tak ba Director of Finance APPROVED: `ervvDi Harry Kim Mayor Enc.