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HomeMy WebLinkAboutREP FC 183 11/08/2005 2004-2006 REPORT OF THE COMMITTEE ON FINANCE DATE: November 8, 2005 RE: Comm. No. 386/Bill No. 170 PLACE: Council Chambers (2002-2004). TIME: 11:23 a.m. Council Chair and Members Hawaii County Council Hilo, I-Iawai`i 96720 Your Committee on Finance, to which was referred Bill No. 170, reports as follows: Bill No. 170, transmitted by Director of Finance William Takaba, via Communication No. 386, dated October 10, 2003, amends Chapter 19, Hawai`i County Code 1983 (1995 Edition), Real Property Taxes, by realigning water tank exemptions. The purpose of this measure is to clarify Section 19-54, water tank exemption, by removing it from Article 7, tax map; valuations, and placing it in Article 10, exemptions. .Originally heard on November 4, 2003, this measure was deferred due to the large number of real property tax amendments presented and to give the Administration time to gather more information. Your Committee on Finance is in accord with the purpose and intent of Bill No. 170 and recommends it pass first reading. ro AYES NOES A&E EX Respectfully submitted, ARAKAKI X HIDA x COMMITTEE ON FINANCE HOFFMANN X HOLSCHUH x I KEDA ISBELL x VIRG-1111A ISBELL, CHAIR JACOBSON x FC REPORT NO. 183 PILAG(9 X -NOV 2 2 2005 SAFARIK x ADOPTED: