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~-~1, <br /> AT HONL`S REACH <br /> <br /> 6/05/07 <br /> <br /> Council Member Pilago <br /> <br /> Council Member Ford <br /> <br /> We applaud the effort to establish a BID for Kailua Village and can appreciate all the <br /> <br /> hard work and long hours the committee has spent in developing this proposal. Among <br /> <br /> the many great benefits of a BID, one of the greatest is giving government agencies one <br /> organization to deal with that speaks for the interests of the whole district. <br /> We aze Alii Cove Condominium Association in Zone 2 of the proposed Business <br /> Improvement District We aze not opposed to paying a fair shaze to support the BID for <br /> Kailua Village. <br /> Our concern is over the way the District is being financed, and the way representation is <br /> allocated. We also have some suggestions for possible ways of correcting the inequities <br /> we have observed. <br /> Chapter 35, the enabling document for the county providing for the establishment of a <br /> BID states: <br /> Section 35-20. Assessment apportionment. <br /> <br /> An assessment levied pursuant to this chapter may be based on benefit received by a parcel of <br /> land, the cost of making a supplemental service available to a parcel of land, the cost of <br /> supplemental services and improvements benefiting a parcel of land, the stage or type of <br /> development or use of a parcel of land, the happening of one or more specified events related to <br /> the development or improvement of all or certain parcels of land, or any other reasonable basis <br /> or formula as determined by the council. <br /> We have looked at the property tax assessments for several of the paccels in the district <br /> and feel that they do not in any way meet the requirements stated fora "reasonable basis <br /> or formula". The size of the parcel and the tax assessment(s) aze not necessarily related to <br /> the size of the business(s) on that pazcel, the impact on the District, or the services <br /> required. Many of the lazgest businesses in the district in terms of revenues, physical <br /> size, impact on services, and in terms of potential benefits received aze paying only a <br /> fraction of their fair shaze into the District using the proposed formula. Others aze being <br /> asked to contribute faz more than their fair shaze. <br /> N sn I <br /> Ref. To: ntp 2007 <br /> Ref. gate ` - <br /> <br />