Loading...
HomeMy WebLinkAboutCOM 1064.004 2012-2014P1 Pam% fthm lt�LJ Murashige, Laura From: Michae|Garbahnm xmgarbahno@hawaiibigidandappraisa|s.com> Sent: Tuesday, September 30'2Ol49:SSAM To; Council Testimony Subject: Written Testimony Attached for 09/30/2014 Council Meeting Attachments: VVRDTENTEST[K4ONY.pdf Please see the attached, for submission as written public testimony for the 09/30/2014 Hawaii County Council meeting. k4ichae|Garbahno Lower Puna Resident Manager, Omni Appraisals, LL[ Personal cell: (512) 470-0612 Business cell (local caU>: (808) 938-9306 Email: r--3 c , 'D C-) o -_+ cz c� r �m 0- -- WRITTEN TESTIMONY Agenda Item: COMM 1064: AN UPDATE BY THE CIVIL DEFENSE ADMINISTRATOR AND THE PUBLIC WORKS DIRECTOR ON THE ISLAND -WIDE COORDINATION OF THE LAVA FLOW EMERGENCY The following is written Testimony from Michael Garbarino, Manager, Omni Appraisals, LLC (a local real estate appraisal company): As manager of a local real estate appraisal business, please be advised that access to property via usable roads can have a fundamental impact on property value. In analyzing recent market data, the public should be alarmed about the possible impact on lower Puna property values should the lava flow continue to advance and cut off Hwy 130, especially if that road is not quickly re- opened. This is not in regard to the properties that are directly in the path of the lava — it is in regard to the properties that are not being affected by the lava except that they will be cut off if Hwy 130 is closed for any significant period of time. Simply put, the effect on the value of the properties that would be cut off will be devastating. By the most conservative of estimates, the current fair market value of the properties that will be potentially affected is more than half a billion dollars. Should such an enormous amount of personal real estate wealth "evaporate ", because the highway is closed, there will be a resulting reduction in property taxes collected, and the shortfall will have to be made up by increasing property taxes on the rest of the island. The real estate market in lower Puna is already in a tailspin, and not directly because of the lava. The direct cause is that none of our public officials have vet declared their commitment to preventing closure of Hwy 130 in the first place, or re- opening it as quickly as possible. No public officials have yet had the courage to publicly express absolute determination that - whatever happens - highway access to lower Puna will be restored, and restored quickly. Consequently, there is no public confidence in the commitment of our public officials on absolutely ensuring continued full access for lower Puna. Based on all that I have learned about the issues, it appears at this point that the most viable option for keeping the highway open or restoring the highway would be building a bridge. But instead of truly and seriously studying and preparing for such a possible solution, the business community and political "powers that be" are largely showing (or trying to hide) a bias - apparently derived from 'punatic' stereotyping - and they appear ready to abandon lower Puna. Page 1 of 2 WRITTEN TESTIMONY Agenda Item: COMM 1064: AN UPDATE BY THE CIVIL DEFENSE ADMINISTRATOR AND THE PUBLIC WORKS DIRECTOR ON THE ISLAND -WIDE COORDINATION OF THE LAVA FLOW EMERGENCY This crisis raises a first of its kind public policy question for the island — what is the public policy on keeping our vital public roads open? Wherever one is on the political spectrum of "right vs. left ", virtually everyone agrees that good roads are a fundamental function and responsibility of our government. So, when a slow- moving, relatively narrow stream of lava cuts off a vital access road anywhere on this island, will public resources be there to restore access? If this were to occur anywhere else on the island — such as any higher income or higher wealth area being cut off - how would our public officials respond? Are we truly one island "ohana ", or instead will our public policies on road maintenance and access be driven by irrational bias? Is a slow moving, narrow lava flow really so different from a flood or earthquake that takes out a vital roadway, and if not, then why is it "crazy" to expect the road to be restored quickly? A true cost /benefit analysis would ask & answer questions such as the following: how expensive would a presumably first of its kind lava traverse bridge be to build? Are federal disaster relief monies available to pay for the effort? How much money is worth spending to save more than half a billion dollars in real estate values? In addition to loss of real estate wealth, how much in economic activity would be lost due to inability to relocate (vacation rentals in lower Puna, for example)? What additional economic benefits would ensue from such a completed project? Wouldn't it not only preserve current economic activity, but also be an additional economic "boom" for the island economy, to take on such a courageous solution as building a bridge, and making it happen? If the answer is that it would be indeed be totally cost effective under the above way of understanding the issues, then the only challenge is the engineering ... in that case, I think I'm right that the final answer becomes that it can and should be done. The engineers and builders who successfully complete the project would be celebrated as heroes. We'd get national and international news coverage, boosting tourism. We would all have renewed pride in being part of this beautiful and magical island home. Consequently, each of our public officials and candidates for office should absolutely be required to answer the following questions, publicly and clearly, with no doubt whatsoever as to their position: 1. How determined are you to ensure continued highway access for lower Puna? 2. What, exactly, are you already doing, and what are you willing to do, to guarantee continued meaningful lower Puna access, in order to preserve island property values and its tax base? 3. Do you support building a first of its kind lava traverse bridge? If yes, will you champion the idea and do all that you can to make it happen? If not, why not? Page 2 of 2