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HomeMy WebLinkAboutREP FC 155 08/21/2007 2006-2008 REPORT OF THE COMMITTEE ON FINANCE DATE: August 21, 2007 Re: Comm. No. 597/Bill No. 150 PLACE: Council Chambers, Ben Franklin Bldg. TIME: 3:08 p.m. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Bill No. 150, reports as follows: Bill No. 150, transmitted by Director of Finance William Takaba, via Communication No. 597, dated July 31, 2007, amending Chapter 32, Articles 3, 5, and 6, Hawaii County Code 1983 (2005 Edition), relating to Community Facilities Districts. The purpose of this measure is to amend Chapter 32 of the Hawaii County Code regarding required appraisals of properties within community facilities districts established pursuant to such chapter and to clarify the applicability of special taxes under such chapter to certain leasehold and other possessory interests. Your Committee on Finance is in accord with the purpose and intent of Bill No. 150, and recommends it pass first reading. la noes rvoes n&e ex Respectfully submitted, FORD X xlcA x COMMITTEE ON FINANCE HOFFMANN X ~ IKEDA X JACOBSON X NAEOLE X (M~-~- PILAGO x DOMINIC YAGO G C vAGONG X FC REP N I55 YOSHIMOTO X ADOPT