HomeMy WebLinkAboutREP FC 269 09/01/1998 1996-1998 REPORT OF THE
COMMITTEE ON FINANCE
DATE: September 1, 1998 Re: Comm. No. 942/Res. No. 306-98
PLACE: Councilroom
TIME: 11:00 A.M.
Chair and Members
Hawaii County Council
Hilo, Hawaii 96720
Your Committee on Finance, to which was referred Resolution No. 306-98, reports as follows:
Resolution No. 306-98, transmitted by Finance Director Harry Takahashi, via Communication No. 942,
dated August 4, 1998, authorizes a real property tax credit for payment of taxes on TMK 7-9-12:003 to
Oceanside 1250.
For the period from 1990-91 to 1997-98, Oceanside 1250 has paid the County of Hawaii a total of $41,105 in
taxes on the aforementioned pazcel. The Real Property Tax Department has since verified the ownership
issue and has determined that the parcel indeed belongs to the State of Hawaii. Therefore, Resolution No.
306-98 seeks the approval to credit future Oceanside 1250 tax bills to the sum of $41,105.
A second draft of Resolution No. 306-98 was submitted to correct the amount of the tax credit, which should
be $4,463, rather than $41,105.
Originally heard on August 18, 1998, this measure was deferred pending comments from the Corporation
Counsel relating to Section 19-22, Hawaii County Code, which only authorizes the Director of Finance to
recognize a refund period of the current yeaz and two past yeazs.
At today's meeting, Your Committee was advised by Corporation Counsel and the Finance Director that the
approval of said measure would allow the County to reimburse for the amount in excess of the County Code
limitations provided for in Section 19-22. On the other hand, the disapproval of said measure would only
allow the reimbursement of $2,766 (current yeaz plus two past yeazs) as provided by law. However,
Oceanside 1250 could then file a claim with the Office of the Corporation Counsel who could
administratively credit the applicant no more than $1,500. If the claim exceeded $1500 County Council approval
would be needed.
Your Committee on Finance is in accord with the purpose and intent of Resolution No. 306-98 as amended
to Draft 2 and recommends its adoption.
Ici - . ~ ' . ~ 1
ny« Noes A&e ex Respectfully submitted
CHUNG X
LEITHEAD-TODD X COMMITTEE ON FINANCE
RAY X C" i~
SANTANGELO X ~ ~ / L
SMITH X
TYLER X AARON S.Y. CHUNG, HAIR
YAGOxG X FC REPORT NO. 269
FILED'. SEP~-
ARAKAKI, E.O.M. X