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HomeMy WebLinkAboutREP FC 242 07/31/2012 2010-2012 REPORT OF THE COMMITTEE ON FINANCE DATE: July 31, 2012 Re: Comm. No. 784/Res. No. 278-12 PLACE: Council Chambers Hilo, Hawai`i TIME: 11:25 a.m. Council Chair and Members Hawai`i County Council Hilo, Hawai`i 96720 Your Committee on Finance, to which was referred Resolution No. 278-12, reports as follows: Resolution No. 278-12, transmitted by Council Member Donald Ikeda via Communication No. 784, dated July 10, 2012, authorizes the Director of Finance to compromise real property taxes owed by The Arc of Hilo on a parcel identified as Tax Map Key: (3)1-6-146-031. Pursuant to Section 19-3(12) Hawai`i County Code, the Director of Finance is authorized to compromise and refund the sum of$14,678.65, being the amount of taxes paid between August 1, 2009 and November 29, 2011 less the minimum tax of$200 that would be due if the exemption were properly filed. The Arc of Hilo CFO, Debbie Perkins, appeared before Your Committee. Ms. Perkins commented that it took several tries to correct errors in the Land Court and approval before lease ended. Finance Director Nancy Crawford appeared before Your Committee and provided further clarification and details on this matter. Furthermore, Ms. Crawford commented that The Arc of Hilo met the exemption requirements and this will refund two years of taxes paid. Chair Ford stated that a representative from The Arc of Hilo is not required to attend the next Council meeting. Your Committee on Finance is in accord with the purpose and intent of Resolution 278-12, and recommends its adoption. dkr AYES NOES A&E EX Respectfully submitted, BLAS X FORD x COMMITTEE ON FINANCE HOFFMANN X IKEDA X ONISHI X W-S ‘°(0‘ PILAGO X SMART x BRENDA FORD, CHAIR YAGONG X FC REPORT NO. 242 YOSHIMOTO X ADOPTED: AUG 2 0 2012