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HomeMy WebLinkAboutCOM 0421.000 1998-2000 oJ~t~ Oi•Mgk' ~ ~ arr A. Takahashi Stephen K. Yamashiro \Vluy; ~ Y Mayor r 1• ~ I i ~ _ I~ Director s•.~,, '39 AUG 23 Pfd 1 4~7~~ y"`te ~~rE OFYMP~' ~r, , ~DUTCtp Of ~~mAtt Courvi r-~~~w,~l~ DEPARTMENT OF FINANCE 25 Aupuni Street, Room 118 Hilo, Hawaii 96720-4252 (808)961-8239 • Fax (808)961-8248 August 19, 1999 TO: Honorable James Arakaki, Chairperson and Members of the County Council . Hawaii County Council 25 Aupuni Street Hilo, Hawaii 96720 FROM: Harry A. Takahashi, Director of Finance~,~ fir. Department of Finance I U- SUBJECT: Improvement District No. 17 Kaloko Subdivision Reallocation of Assessment, Lots No. 7D-B & 7D-C Section 12-30 of the Hawaii County Code provides that if a lot in an improvement district is subdivided, the assessment on that lot may be prorated among the lots created by the subdivision by an amendment to the ordinance which originally established the assessment. Lot 7D-B in Improvement District No. 17, TMK: 7-3-051: 061 has been subdivided into 30 parcels which includes two roadways and lot 7D-C, TMK: 7-3-051: 062 has been subdivided into 11 parcels which includes four roadways. Final approval of the revised subdivision was granted by the Planning Department on June 8, 1999. All requirements for reallocating the assessment have been complied with: 1. The lot owners have been notified by certified mail that they will have to pay the county the cost of making the reallocation pending the approval of this ordinance. 2. The original purchasers of the bonds, Prudential Insurance Company of America and Franklin Group of Funds, have been notified by certified mail and had fourteen days to reply for a heazing. 8r /l lad Comm. No. T ~ I F31e No. Z~~ gyp, Tot C OWJs1~ Ref. Date^~2 4 19~ 3. Certified mail was sent to lot owner TSA International Limited and had fourteen days to reply for a hearing. 4. The Corporation Counsel's office has reviewed and approved the proposed ordinance for form and legality. 5. The assessment on the parcel is current. We are requesting that this ordinance be placed on the September 9, 1999 County Council Meeting to speed up the process of approval so that owners can be billed separately as soon as possible. Encl. JAMES Y. ARAKAKI "O'" AARON S.Y. CHUNG Chairman & PresidingQ~cer ~ BOBBY JEAN LEITHEAD-TODD LENINGRAD ELARIONOFF AL SMITH JULIE JACOBSON Vice Chairman ~ NANCY PISICCHIO J. CURTIS TYLER, III DOMINIC YAGONG COUNTY COUNCIL County ofHawae'e Hawaii County Building 25 Aupuni Street Hilo, Hawaii 96710 August 24, 1999 James Y. Arakaki, Chair C-421/Bill 120 Hawaii County Council 25 Aupuni Street Hilo, Hawaii 96720 RE: Improvement District No. 17 Kaloko Subdivision Reallocation of Assessment, Lots No. 7D-B & 7D-C Pursuant to Section 1(e) of Rule 4 of the Rules of Procedure of the Council of the County of Hawaii, 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 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, Aaron S.Y. Chung, Chair Committee on Finance A ed/Da ncil: Disapproved/Date/Refer to FC: Ja e ?Ir. A kaki, Chair ' James Y. Arakaki, Chair Ha ai'i County Council Hawaii County Council