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HomeMy WebLinkAboutCOM 0255.000 2016-2018 Harry Kim h., Collins Tomei Mayor ..•' �\Il;•. Director Deanna S. Sako Deputy Director 44'oF°N►� County of Hawaii Finance Department 25 Aupuni Street,Suite 2103 • Hilo,Hawaii 96720 • (808)961-8234 • Fax(808)961-8569 C) v On A C.c3 r- February 16, 2017 --i Valerie Poindexter, Council Chair and �r— Members of the Hawai`i County Council i Hawai`i County Council n °fLo , 25 Aupuni Street Hilo, Hawai`i 96720 Re: Resolution for multi-year subscription agreement Enclosed is a resolution authorizing the payment of funds for more than one fiscal year for a new multi-year agreement with Marshall & Swift. This agreement is for the renewal of software licenses and use of data for the purpose of valuing real property in Hawai`i County for Ad Valorem taxation purposes. If there are any questions, please do not hesitate to call Stan Sitko of the Finance Department's Real Property Tax division at 961-8286. Collins Tomei Director of Finance Enc. c: Real Property Tax <Res. IlScs- \> Comm. No. 0l-c5 Ref. Toet' Ref. Data ;d . 1 8 2Q$7 Hawaii County is an Equal Opportunity Employer and Provider Form #: B-52 7/18/91 DEPARTMENT OF FINANCE REQUEST FOR COUNCIL ACTION DEPARTMENT: Finance/Real Property Tax DATE: 04/05/17 STAFF CONTACT: Stan Sitko/Lisa Miura PHONE: 8286/8260 A. REQUEST: Resolution for the approval of a 5 year agreement renewing software licenses and the use of Marshall and Swift data for the purposes of valuing real property in the County of Hawaii for Ad Valorum taxation purposes. First year starting 2/5/17 the end of the prior agreement. Agreement total including excise tax is $332,197.60 payable in yearly installments. $61,231.21 for the first year, then $63,314.53, $66,439.51 $69,564.49 and $71,647.81 respectively in following years.The agreement includes provisions for indexing the cost tables and integrating with our current tax software for market changes over this period and for a full review of all the cost elements in year 4 along with documentation to support the cost values. B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED): In February 2014, the County of Hawaii joined the City and County of Honolulu, the County of Maui and the County of Kauai in a three year agreement with Marshall and Swift to develop Hawaii Specific Cost Tables to be used in our Assessment Valuations using MVP their propritary software linked to our current tax software. The reason for this statewide agreement was that the local engineering companies no longer were able or willing to provide us with the data needed for our annual assessment updates. No resources were available to develop these tables in-house so Marshall & Swift/Boeck LLC was selected being the premier cost provider in the market and the only one that was able to provide necessary programs to mesh with our systems. The current agreement is a renewal of this service and without which we would not be able to update our cost tables on an annual basis and therfore unable to properly assess and tax real estate resulting in a loss of revenues in future years. �� Irl gill � SIGNED: w DATE: Department Head MAILS MEDEIROS DAVID JN•ty os`'.; AARON S.Y. CHUNG Chairperson �; `P� " ali,�' ` DRU MAMO KANUHA -" � �� 1* SUSAN L.K.LEE LOY KAREN EOFF " EILEEN O'HARA Vice Chair 4`-a VALERIE T.POINDEXTER �rE OF • HERBERT M. "TIM"RICHARDS,III JENNIFER RUGGLES HAWAII COUNTY COUNCIL County of Hawai'1 Hawai`i County Building 25 Aupuni Street Hilo,Hawai`i 96720 April 17, 2017 Valerie T. Poindexter, Chairperson Hawai`i County Council 25 Aupuni Street Hilo, Hawai`i 96720 RE: Resolution No. 188-17 : RESOLUTION AUTHORIZING THE PAYMENT OF FUNDS OF A LATER FISCAL YEAR AND OF MORE THAN ONE FISCAL YEAR FOR A MULTI-YEAR AGREEMENT WITH MARSHALL & SWIFT FOR THE RENEWAL OF SOFTWARE LICENSES AND USE OF DATA FOR VALUING REAL PROPERTY TO BE USED BY THE FINANCE DEPARTMENT'S REAL PROPERTY TAX DIVISION Pursuant to Section 2(g) of Rule 4 of the Rules of Procedure of the Council of the County of Hawai`i,this written request is submitted with my approval that the above-referenced matter be waived from the Committee on Finance to the full Council for immediate action. In reviewing this matter,timely approval is crucial. It is therefore advantageous that approval is granted and the matter be placed onto the next Council agenda for review. However, in the event this request is denied, for whatever reason, I understand the matter shall be referred to the Committee on Finance for placement on its future agenda. Sincerely, 9 U ai e P avid, Ch. •--rsonn Committee on Finance Approve Date/Waive to Council: Disapproved/Date/Refer to FC: Valerie T. Poindexter, Chairperson L//20117 Valerie T. Poindexter, Chairperson Hawai`i County is an Equal Opportunity Provider and Employer