HomeMy WebLinkAboutCOM 0488.014 2008-2010
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Subject: Hamakua Lands sale
From: "Brad Parsons" <mauibrad@hotmail.com>
Date: Sat, August 29, 2009 7:35 am
To: dikedagco.hawaii.hi.us (more)
Priority: Normal
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THESE ARE LANDS OWNED BY
THE TAXPAYERS.
J Yoshimoto's Resolution 216 to sell the Hamakua Lands,
(which will be heard at the council meeting on Wednesday, September 2nd) sets
the price at $8.2 million and also allows a sealed bid OR an
auction. There are 16 parcels in this sale for a total of 737 acres.
They are individually listed on the Resolution on the last page.
I believe that each of the 17 properties should be
appraised separately. They each have unique characteristics that would
make some worth more than others, such as proximity to utilities, elevation
differences, soil differences. What if a Buyer only wants a few of these
properties? What is the next door neighbor just wants to purchase one of the
properties? Is this to be an all or nothing sale? I don't believe
that the requirement to purchase all of these properties serve taxpayers by
getting the best price.A sealed bid does not allow the County to get the best
price or allows
this to be a transparent process. An open auction is the
best way to get the best price and the way to open and above board
dealings.
The resolution says they will be "returned to service" as property tax
yielding land. What are the anticipated
yearly property taxes that will be gained for this $8 million?
THESE
LANDS COULD BE USED FOR AFFORDABLE HOUSING AND FARMING WITH THE REQUIREMENT THAT
PART OF THE PRODUCTION FROM THESE LANDS REMAIN ON OUR ISLAND TO FEED OUR
FAMILIES.
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