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HomeMy WebLinkAbout2024-05-15 Bill 121 Tarek Antaki From: Tarek Antaki To: LPCtestimony Subject: Bill 121-oppose Date: Wednesday, May 15,2024 11:53:05 AM Aloha Honorable Chairperson, I encourage you to oppose bill 121. Please ask the writer of the bill the following questions to help you make a decision: How many STVRs will be removed from the market because of this bill? How much will that cost the county? How many of those do you expect to switch to long term rental? How many less tourists will come to the island because of the decreased housing and as a result how many jobs and how much less tax revenue do you expect? They won't be able to answer because they don't know and haven't bothered to look into it. That is no way to run a decision making process let alone a multi billion dollar economy. You need all the facts and both the pros and cons and I'm dumbfounded why the council has pushed this bill without all the info. Warmest regards and mahalo for your time, Tarek Antaki,resident and head of a family who counts on stvr to make a living 68-3534 Malina street Waikoloa, HI 96738