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HomeMy WebLinkAboutREP FC 094 06/22/1999 1998-2000 REPORT OF THE COMMITTEE ON FINANCE DATE: June 22, 1999 Re: Comm. No. 322 PLACE: Councilroom TIME: 10:30 A.M. Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Communication No. 322, reports as follows: Communication No. 322, transmitted by Finance Director Harry Takahashi, dated June 1, 1999, transmits an offer by Mr. Barry Machado proposing to settle outstanding delinquent taxes. Mr. Barry Machado, on behalf of Mr. Hester Machado and his family has submitted an offer to settle approximately $65,000 in delinquent taxes. In order to settle this debt, Mr. Machado has proposed to convey to the County two 1.25 acre lots delineated as TMKs 8-2-11:10 and 8-2-11:11. The County would then sell the first parcel to recover the taxes owed. If the proceeds from that sale prove to be insufficient the County would then sell the second parcel. In the end, the County would remit any additional funds to the Machado family in cash. Members of Your Committee did not feel that the County should act as a land agent in this case. Rather, Members felt that should Mr. Machado want to dispose of his property to settle delinquent taxes, he should be responsible for selling his land and remitting payment to the Real Property Tax Division. Your Committee also felt that future compromises exceeding $500 should be negotiated amongst the Corporation Counsel, Real Property Administrator and the Finance Director prior to submitting to the Council for approval. Said procedure should not require an amendment to the Hawaii County Code. Pursuant to Section 19-3(a)(12), Hawaii County Code, Compromises, if a claim exceeds $500, the director shall obtain the approval of the council, the administration of which is within the scope of his duties; and in any such case there shall be placed on file and in his department's office a statement of (A) the amount of tax assessed, or proposed to be assessed, (B) the amount of penalties and interest imposed or proposed to be assessed, (C) the amount of penalties and interest imposed or which could have been imposed by law with respect to the item (A), as computed by him, (D) the total amount of liability as determined by the terms of the compromise, and the actual payments thereon with the dates thereof and (E) the reasons for the compromise. Your Committee on Finance is not in accord with the purpose and intent of Communication No. 322 and recommends it be filed. lei Aye noes A&E Ex Respectfully submitted CHUNG X ELARIONOFF x COMMITTEE ON FINANCE JACOBSON X LE?THEAD-TODD X PISICCHIO X ~ SMITH X TvLER x AARON S.Y. CHUNG, CHAI YAGONG X FC REPORT NO. 94 ARAKAKI, E.O.M. X ADOPTED: JUL 2. $ '{qQQ