HomeMy WebLinkAboutCOM 1072.007 2016-2018 WRIOSCO
fteb. 010-18
COUNTY CLERK
From: Colleen Mandala
COUNTY OF HAWAII
To: Council Testimony
Subject: Support of Resolution of 690-18 7-^ �j'j -1 12. ®Gry
Date: Tuesday,September 25,2018 2: 4 P
P/FC RES. 690-18 (COMM. 1072)
OCTOBER 2, 2018—HILO MTG
My husband and I own two commercial buildings in Pahoa. We have owned these buildings
for more than 30 years. Now that we are retired,the rental income from our tenants in these
buildings provides the monthly income for our living expenses.
Our tenants are now struggling to survive financially, due to challenges from the impact of
the lava flow in lower Puna. In order to help them in these past months, we have offered
free rent and 1/2 rent for the months of June through September.
Our normal income for those four months would have been $14,400. Instead it was $4,650,
one-third! One new tenant has asked us to sign a promissory note in lieu of future rents owed
until he has the ability to resume payments.
Our financial well being has been substantially impacted., and we have been forced to draw
upon our retirement savings in order to meet living expenses. We know that property taxes for
homeowners in lower Puna were substantially reduced in August. We were surprised to see
that the reduction was not applied to us as commercial property owners in Pahoa, who have
also suffered financial loss.
We are extremely grateful to Councilwoman Eileen O'Hara for introducing Resolution 690-18,
and hope that the Council will vote to accept it.
ANTHONY ALMADA & COLLEEN MANDALA
Owners TMK# 3-1-5-012-048
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Comm. No 101
Ref.To: pig/
Ref. Date OCT 01 2018