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HomeMy WebLinkAboutCOM 1168.084 2006-2008 From: Miwa, Amy On Behalf Of Ikeda, Donald Sent: Friday, June 13, 2008 1:00 PM To: Murashige, Laura; cores Cc: Hoffmann, Pete; Pilago, K. Angel; Ford, Brenda; Naeole, Emily; Higa, Stacy; Yoshimoto, J; Yagong, Dominic; Jacobson, Bob; Jarman, Casey; Goodenow, Kenneth Subject: FW: KIAA Testimony for Bond Floar From: KIAA1 [mailto:kiaa001@hawaii.rr.com] Sent: Thursday, June 12, 2008 3:26 PM To: Ikeda, Donald Subject: KIAA Testimony for Bond Floar KIAA Phone: (808) 961-5422 FAX: (808) 935-9740 c° Website: http://www.kiaahilo.org,.~ Email: kiaa001@hawaii.rr.com F-. 03 Gonv% No, NO to, 81V Ref. To, _ftr~~~h ReL Date Pte" Kanoelehua Industrial Area Assn., Inc. Pr F4 1 9~4 820 Pi iiani Street, Suite 201 Hilo, Hawaii 96720 J Phone (808) 961-5422 + Fax (808) 935-9740 June 12, 2008 Dear County Council, We are requesting that you reevaluate the financial allocations associated with the proposed bond float and spread the proposed CIP projects over a longer period of time. We are concerned that with the current down turn in the economy, the amount of money the County currently collects in taxes will also decrease, making it difficult to fund an already large county government, and service the existing and new bonds. Our fear is that the county will have no choice other than to raise taxes to help pay for the indebtedness and its high cost of operation. The impending cost of the mandatory new radio towers, closure of the Hilo Landfill, solutions for the solid waste problem, etc are all large ticket items that will also become a tax burden to our community in the next few years. The home owners are already facing hard times with the never ending escalation in cost of the basic necessities for life not to mention the rising cost of fuels. Add the economic down turn with people losing their jobs; we feel that we have a bad mixture of events that will really hurt the community. Tax dollars that may have previously been used for CIP projects, bond repayment, county operations, etc will now need to be spent on providing the basic necessities of life for the increasing numbers of less fortunate people. Please reconsider the priorities and spend responsibly, our community will have to pick up the bill one way or another and at this time, can our community really afford to? Thank you for your time and consideration. Sincerely, Nimr Tamimi President Elect Kanoelehua Industrial Area Association