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HomeMy WebLinkAboutOrdinance 06-111COUNTY OF HAWAII STATE OF HAWAII ORDINANCE NO. 06 111 BILL NO. 295 DRAFT 2 AN ORDINANCE AMENDING CHAPTER 19 OF THE HAWAII COUNTY CODE 1983 (2005 EDITION), REAL PROPERTY TAXES, RELATING TO REAL PROPERTY TAX EXEMPTIONS. BE IT ORDAINED BY THE COUNCIL OF THE COUNTY OF HAWAII: SECTION 1. The County of Hawaii has embarked upon a new endeavor for the creation of affordable and employee housing within the County of Hawaii. To facilitate this undertaking, the Hawaii Island Housing Trust was created to manage all property that is deeded to the County of Hawaii for this purpose. In order for the Hawaii Island Housing Trust to fulfill its mission, tax exempt status should be granted to help lower costs to provide affordable housing, while the Hawaii Island Housing Trust holds the land for development. SECTION 2. Chapter 19, article 10, of the Hawaii County Code 1983 (2005 edition), is amended by creating a new section to read as follows: Section 19- . Hawai`i Island Housing Trust Exemption. There shall be exempt except for the minimum tax from real property taxes those properties held by the Hawaii Island Housing Trust and its nonprofit special purpose entities until such time as the properties are leased to individual homeowners. SECTION 3. Material to be repealed is bracketed and stricken. New material is underscored. In printing this ordinance, the brackets, bracketed and stricken material and underscoring need not be included. SECTION 4. If any provision of this ordinance, or the application thereof to any person or circumstance, is held invalid, such invalidity shall not affect other provisions or applications of the ordinance which can be given effect without the invalid provision or application, and to this end, the provisions of this ordinance are declared to be severable. SECTION 5. This ordinance shall take effect upon its approval. tl JAJJJ COU CIL MEMBER, COUNTY OF HAWAII Erna, Hawaii Date of Introduction: Date of I st Reading: Date of 2nd Reading: Effective Date: July 7, 2006 July 7, 2006 July 19, 2006 July 27, 2006 WERkNCE. Comte 922_ 1 Introduced By: Date Introduced First Reading: Published: REMARKS: OFFICE OF THE COUNTY CLERK County of Hawaii Kona, Hawaii (Draft 21 Virginia Isbell July 7, 2006 July 7, 2006 N/A Second Reading: July 19, 2006 ToMavor. July 24, 2006 Returned: July 27 2006 Effective: July 27 2006 Published: August 4 2006 REMARKS: �.b J+ � OTE AYES N&S ABS EX Arakaki,� � X - Higa X Hoffmann X Holschuh X Ikeda X Isbell X Jacobson X Pilago X Safarik X 8 0 1 0 ROLL CALL VOTE AYES NOES ABS EX Arakaki X Higa X Hoffmann X Holschuh X Ikeda X Isbell X Jacobson X Pilago X Safarik X 9 0 0 0 I DO HEREBY CERTIFY that the foregoing BILL was adopted by the County Council published as indicated above. APPROVED AS TO FORM AND LEGALITY: DEPUTY C PORATION COUNSEL COUNTY/OF HAWAII Date pprove Disapproved this 21 day UI J 20 0 4 ti NI Y)R COU T OFHAWAI7 COUNCIL CHAIRMAN &Xgftm 4#Z COUNTY CLERK Bill No.: 295 (Draft 2) Reference: C- 922.1/FC -306 Ord No.: 6 111