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HomeMy WebLinkAboutORD 2007-163 2006-2008 MtYaM~ • COUNTY OF HAWAII STATE OF HAWAII . 'r or.M'~' BILL NO. >.~z ORDINANCE NO. U7 163 AN ORDINANCE AMENDING CHAPTER 19, ARTICLE 7, SECTION 19-53(a) OF THE HAWAII COUNTY CODE 1983 (2005 EDITION, AS AMENDED), REAL PROPERTY TAXES, RELATING TO VALUATIONS. BE IT ORDAINED BY THE COUNCIL OF THE COUNTY OF HAWAII: SECTION 1. Purpose. The purpose of this ordinance is to provide for special consideration in determining the values ofproperties in the Waiko]oa Workforce Housing Project due to its unique characteristics. Market data and cost approaches using neighboring developments for comparison in assessing such properties would not be appropriate and should not be considered. SECTION 2. Chapter 19, article 7, section 19-53(a) Hawaii County Code 1983 (2005 Edition, as amended), is amended to read as follows: Section 19-53. Valuation; consideration in £xing. (a) Except as provided below, the director of finance shall cause the market value of all taxable real property to be determined and annually assessed by the market data and cost approaches to value using appropriate systematic methods suitable for mass valuation ofproperties for taxation purposes, so selected and applied to obtain, as far as possible, uniform and equalized assessments throughout the County. In making such determination and assessment, the director shall separately value and assess within each class established in accordance with subsection (e) of this section: (1) Buildings. In determining the value of buildings, consideration shall be given to any additions, alterations, remodeling, modifications or other new construction, improvement or repair work undertaken upon or made to existing buildings as the same may result in higher assessable valuation of said buildings. (2) All other real property, exclusive of buildings. Exception. The value of land classified and used for agriculture as determined pursuant to section 19-57 or 19-60 shall be the value of such land for such agricultural use without regard to any value that such land might have for other purposes or uses. The director shall update the agricultural use values at least every five years and shall consult with agriculturalists and/or experts in the field when making such determination. The establishment of the agricultural use rate values shall be made in accordance with chapter 91, Hawaii Revised Statutes. {3) Real property leased and located within the Waikoloa Workforce Housing_project shall be valued under this chanter based on comparison with like properties within the same rp O1CCt• SECTION 3. Material to be repealed is bracketed and stricken. New material is underscored. In printing this Ordinance, the brackets, bracketed material and stricken material and underscoring need not be included. SECTION 4. Severability. If any provision of this Ordinance, or the application thereof to any person or circumstance, is held invalid, such invalidity shall not affect other provisions or applications of the Ordinance which can be given effect without the invalid provision or application, and to this end, the provisions of this Ordinance are declared to be severable. SECTION 5. Effective Date. This Ordinance shall take effect upon its approval. INTRO UCED BY: COUNCIL MEMBER, Ui HAWAI`I Kona, Hawaii. Date ofIntroduct~on: October 3, 2007 Date of 1st Reading: October 3, 2007 Date of 2nd Reading: October 17, 2007 Effective Date: November 2, 2007 ReEERENC; : Comm. 654 OFFICE OF THE COUNTY CLERK County of Hawaii Kona, Hawaii Introduced By: Dominic Yagong ROLL CALL VQTE Datelntroduced: October 3, 2007 j,._~ .4~'E~~ NOES ABS EX First Reading: October 3, 2007 Ford X Published: N/A Higa X Hoffmann X REMARKS: Ikeda X Jacobson X Naeole X Pilago X Yagong X Yoshimoto X 8 0 1 0 Second Reading: October 17, 2007 To Mayor: October 25, 2007 ROLL CALL VOTE Returned: November 2 2007 AYES NOES ABS EX Effective: November 2, 2007 Ford X Published: November 13, 2007 Higa X Hoffrnann X REMARKS: Ikeda X Jacobson X Naeole X Pilago X Yagong X Yoshimoto X 9 0 0 0 I DO HEREBY CERTIFY that the foregoing BILL was adopted- the County Council published as indicated above. APPROVED AS TO FORM AND LEGALITY: COUN DEPUTYf~~RPORATION COUNSEL ~~~t,..,,~~.,__ COUNTY OF HAWAII ' COUNTY LERIvC Date 172 Bill No.: C-654/FC-174 Approv Disapproved this 2"~ day Reference: Ord No.: 1.~~ of ~a~-~ ~ , zo 01__. b , COU Fh1AWA1`I