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HomeMy WebLinkAbout11/06/2019 Council minutes COUNCIL MEETING NOVEMBER 6, 2019 The Council Meeting of the Council of the County of Kaua`i was called to order by Council Chair Arryl Kaneshiro at the Council Chambers, 4396 Rice Street, Suite 201, Lillie, Kaua`i, on Wednesday, November 6, 2019 at 8:38 a.m., after which the following Members answered the call of the roll: Honorable Mason K. Chock Honorable Felicia Cowden Honorable Luke A. Evslin Honorable Ross Kagawa Honorable KipuKai Kuali`i Honorable Arryl Kaneshiro Excused: Honorable Arthur Brun APPROVAL OF AGENDA. Councilmember Chock moved for approval of the agenda, as circulated, seconded by Councilmember Kuali`i. Council Chair Kaneshiro: Is there anyone in the audience wishing to testify on the agenda? There being no objections, the rules were suspended to take public testimony. There being no one present to provide testimony, the meeting was called back to order, and proceeded as follows: Council Chair Kaneshiro: Seeing none. Any final comments from the members? The motion for approval of the agenda, as circulated, was then put, and carried by a vote of 6:0:1 (Councilmember Brun was excused). Council Chair Kaneshiro: The motion is carried. Next item, please. MINUTES of the following meetings of the Council: October 23, 2019 Public Hearing re: Bill No. 2740, Bill No. 2741, Bill No. 2742, Bill No. 2743, Bill No. 2744, and Bill No. 2745 Councilmember Chock moved to approve the Minutes as circulated, seconded by Councilmember Cowden. COUNCIL MEETING 2 NOVEMBER 6, 2019 Council Chair Kaneshiro: Anyone in the audience wishing to testify on the Minutes? There being no objections, the rules were suspended to take public testimony. There being no one present to provide testimony, the meeting was called back to order, and proceeded as follows: Council Chair Kaneshiro: Seeing none. Any final comments from the members? The motion to approve the Minutes, as circulated, was then put, and carried by a vote of 6:0:1 (Councilmember Brun was excused). Council Chair Kaneshiro: The motion is carried. Clerk, please read the next item. Consent Calendar. May I have a motion to remove C 2019-239 from the Consent Calendar? Councilmember Kuali`i moved to remove C 2019-239 from the Consent Calendar, seconded by Councilmember Chock. There being no objections, the rules were suspended to take public testimony. There being no one present to provide testimony, the meeting was called back to order, and proceeded as follows: Council Chair Kaneshiro: Anyone in the audience wishing to testify? Seeing none. We are moving this item off the Consent Calendar so that we can discuss it. The motion to remove C 2019-239 from the Consent Calendar, was then put, and carried by a vote of 6:0:1 (Councilmember Brun was excused). Council Chair Kaneshiro: The motion is carried. CONSENT CALENDAR: C 2019-238 Communication (10/25/2019) from the Director of Finance, transmitting for Council consideration, a Resolution providing for the issuance of special tax revenue bonds for public facilities relating to County of Kaua`i Community Facilities District No. 2008-1 (Kukui`ula Development Project), for the purpose of funding the costs of public facilities relating to the District, including the costs of certain transportation improvement projects in Koloa and Po`ipu as identified in Figure 4-4 of the South Kaua`i Community Plan and Pa'anau Village Phase I & II energy self-sufficiency upgrades through the issuance of special tax revenue bonds payable solely from and secured solely by special taxes levied on taxable properties within the District pursuant to Chapter 26 and certain funds held in trust for the bondholders under the bond indenture. Councilmember Kuali`i moved to receive C 2019-238 for the record, seconded by Councilmember Chock. COUNCIL MEETING 3 NOVEMBER 6, 2019 Council Chair Kaneshiro: Anyone in the audience wishing to testify on the Consent Calendar? There being no objections, the rules were suspended to take public testimony. There being no one present to provide testimony, the meeting was called back to order, and proceeded as follows: Council Chair Kaneshiro: Seeing none, any final comments from the members? We will be seeing this as a resolution later on our agenda. Any comments? The motion to receive C 2019-238 for the record was then put, and carried by a vote of 6:0:1 (Councilmember Brun was excused). Council Chair Kaneshiro: The motion is carried. Next item, please. COMMUNICATIONS: C 2019-239 Communication (10/24/2019) from the Director of Finance, transmitting for Council information, the Condition of the County Treasury Statement quarterly report as of August 9. 2019: Councilmember Chock moved to receive C 2019-239 for the record, seconded by Councilmember Kuali`i. There being no objections, the rules were suspended. Council Chair Kaneshiro: Reiko, you will probably need to come up. Councilmember Cowden, you have questions on the Treasury report? Councilmember Cowden: Yes. Good morning. REIKO MATSUYAMA, Director of Finance: Good morning. Councilmember Cowden: I want to first thank you for all of the hard work that you are doing and recognize that as we switch from one Administration to the next, there is always a little bit of turbulence. Thank you for meeting with me periodically on this. Can you just explain briefly what we are seeing here? Ms. Matsuyama: This is mandatory for us to submit every quarter to you folks. Councilmember Cowden: Yes. Ms. Matsuyama: This is to show you how much cash and how many investments are basically on-hand at the County at any given point in time. This is an audit done randomly. Treasury does not know that they are coming down to do a cash count. Someone from Council Services and someone from Accounting actually goes down and counts all the drawers to ensure that there is what we say there is down there. We also have to make sure that we are in balance according to what the general ledger (GL) says and what is actually in the bank accounts. COUNCIL MEETING 4 NOVEMBER 6, 2019 Councilmember Cowden: GL means? Ms. Matsuyama: General ledger. Councilmember Cowden: Okay, so I noticed that we have a negative cash variance in both our investment and just our cash account. Can you just explain that? Ms. Matsuyama: Yes. What this shows is the last quarter that you folks had seen was May 7, 2019. The next quarter that you are seeing is August 9, 2019. There was a decrease in cash between May 7, 2019 and August 9, 2019. We did have semi-annual debt payments that occurred during that period. That probably was a big factor in the decrease in cash holdings. Councilmember Cowden: Our cash flow is sitting pretty solid and comfortable, basically? Ms. Matsuyama: Yes. Keep in mind that August 9, 2019 is right before the real property tax deadline. From August 9, 2019 through August 20, 2019, we received a significant amount of cash. Councilmember Cowden: Okay, thank you. Council Chair Kaneshiro: Councilmember Kagawa. Councilmember Kagawa: Thank you, Reiko. During the audit I think the Auditors said that we had some problems doing regular bank reconciliations or something like that. Ms. Matsuyama: Yes. This was a finding in the Fiscal Year (FY) 2018 Comprehensive Annual Financial Report (CAFR). Basically, we had not even submitted these reports to you on a quarterly basis. I do not think you got any reports in FY 2018 until the end of FY 2018. We are correcting it. This should not be a finding come FY 2019. Councilmember Kagawa: Are we all caught up? Or are we still catching up? Ms. Matsuyama: We are still catching up. We are in a much better position than we were. Councilmember Kagawa: Like how far back are we? A year? Six (6) months? Ms. Matsuyama: No. Closer than that. We are in FY 2020 now. That is a good thing. FY 2019 is just about closed and we are ready to do the CAFR. Councilmember Kagawa: Thank you. COUNCIL MEETING 5 NOVEMBER 6, 2019 Council Chair Kaneshiro: Any other questions from the members? Councilmember Cowden. Councilmember Cowden: Not for right now. We will have a more robust conversation in about a month. I just want to thank you for all the work that you have been doing and I have been paying attention as we have been going along. Ms. Matsuyama: Good. Thank you. Council Chair Kaneshiro: Thank you. Anyone in the audience wishing to provide testimony? Seeing none. There being no objections, the rules were suspended to take public testimony. There being no one present to provide testimony, the meeting was called back to order, and proceeded as follows: Council Chair Kaneshiro: Seeing none, is there any further discussion from the members? The motion to receive C 2019-239 for the record was then put, and carried by a vote of 6:0:1 (Councilmember Brun was excused). Council Chair Kaneshiro: Motion carried. Next item, please. C 2019-240 Communication (10/04/2019) from the Prosecuting Attorney, transmitting for Council consideration, A Bill For An Ordinance Amending Ordinance No. B-2019-856, As Amended, Relating To the Operating Budget Of The County Of Kaua`i, State Of Hawai`i, For The Fiscal Year July 1, 2019 Through June 30, 2020, By Revising The Amounts Estimated In The General Fund, to reallocate a portion of funding in the "Regular Salaries" account appropriated for Position No. 2804, Victim Witness Counselor II, to other Victim Witness Counselor II positions, identified in the Operating Budget as Position Nos. 2824 and 2825: Councilmember Chock moved to receive C 2019-240 for the record, seconded by Councilmember Kuali`i. Council Chair Kaneshiro: Is there anyone in the audience wishing to testify? There being no objections, the rules were suspended to take public testimony. There being no one present to provide testimony, the meeting was called back to order, and proceeded as follows: Council Chair Kaneshiro: Seeing none, again this is just the Communication. The Bill will be coming up later on the agenda. Any comments from the members? COUNCIL MEETING 6 NOVEMBER 6, 2019 The motion to receive C 2019-240 for the record was then put, and carried by a vote of 6:0:1 (Councilmember Brun was excused). Council Chair Kaneshiro: Motion is carried. Next item please. C 2019-241 Communication (10/21/2019) from the Mayor, transmitting for Council consideration, the cost items for the Hawai`i Government Employees Association (HGEA) Bargaining Unit 13 for the period July 1, 2019 to June 30, 2021, pursuant to Hawai`i Revised Statutes (HRS) Section 89-11 and Kauai County Charter Section 19.13B. The terms of the Collective Bargaining Agreement were recently ratified by the employees of Bargaining Unit 13: Councilmember Chock moved to receive C 2019-239 for the record, seconded by Councilmember Kuali`i. Council Chair Kaneshiro: Anyone in the audience wishing to testify on this Communication? There being no objections, the rules were suspended to take public testimony. There being no one present to provide testimony, the meeting was called back to order, and proceeded as follows: Council Chair Kaneshiro: Seeing none. Any comments from the members? The motion to receive C 2019-241 for the record was then put, and carried by a vote of 6:0:1 (Councilmember Brun was excused). Council Chair Kaneshiro: Motion is carried. Next item. SCOTT K. SATO, Deputy County Clerk: The next item are Claims. CLAIMS: C 2019-242 Communication (10/16/2019) from the County Clerk, transmitting a claim filed against the County of Kaua`i by Anne Laurel Bennett, for personal injury, pursuant to Section 23.06, Charter of the County of Kaua`i. C 2019-243 Communication (10/21/2019) from the County Clerk, transmitting a claim filed against the County of Kaua`i by Margret Louise Gullikson, for personal injury, medical bills, and loss of income, pursuant to Section 23.06, Charter of the County of Kaua`i. C 2019-244 Communication (10/24/2019) from the County Clerk, transmitting a claim filed against the County of Kauai by Gregory T. Preston, for damage to his personal property, pursuant to Section 23.06, Charter of the County of Kaua`i. C 2019-245 Communication(10/24/2019) from the County Clerk, transmitting a claim filed against the County of Kaua`i by Norm J. Canis, for reimbursement to remove dead animal carcass, pursuant to Section 23.06, Charter of the County of Kaua`i. COUNCIL MEETING 7 NOVEMBER 6, 2019 Councilmember Chock moved to refer C 2019-242, C 2019-243, C 2019-244, and C 2019-245 to the Office of the County Attorney for disposition and/or report back to the Council, seconded by Councilmember Kuali`i. Council Chair Kaneshiro: Councilmember Kagawa, did you have a question? Councilmember Kagawa: Just a comment on C 2019-245. It looks like it was a dead animal carcass on the road. Council Chair Kaneshiro: This one was washed up on the beach. Councilmember Kagawa: It was washed up on the beach? Okay. I thought it was having to do with being on the road. The animal that they were talking about was what kind of animal? Council Chair Kaneshiro: A horse. Councilmember Kagawa: A horse that washed up on the beach? Council Chair Kaneshiro: Yes. Councilmember Kagawa: Interesting. Thank you. Council Chair Kaneshiro: Is there anyone in the audience wishing to testify on these items? There being no objections, the rules were suspended to take public testimony. There being no one present to provide testimony, the meeting was called back to order, and proceeded as follows: The motion to refer C 2019-242, C 2019-243, C 2019-244, and C 2019-245 to the Office of the County Attorney for disposition and/or report back to the Council was then put, and carried by a vote of 6:0:1 (Councilmember Brun was excused). Council Chair Kaneshiro: Motion carried. Next item. COMMITTEE REPORTS: PUBLIC WORKS & VETERANS SERVICES COMMITTEE: A report (No. CR-PWVS 2019-07) submitted by the Public Works & Veterans Services Committee, recommending that the following be Approved as Amended on second and final reading: "Bill No. 2743 — A BILL FOR AN ORDINANCE AMENDING CHAPTER 25, KAUAI COUNTY CODE 1987, AS AMENDED, RELATING TO WASTEWATER TREATMENT CAPACITY ASSESSMENT," COUNCIL MEETING 8 NOVEMBER 6, 2019 A report (No. CR-PWVS 2019-08) submitted by the Public Works & Veterans Services Committee, recommending that the following be Approved as Amended on second and final reading: "Bill No. 2744 — A BILL FOR AN ORDINANCE AMENDING CHAPTER 12, KAUAI COUNTY CODE 1987, AS AMENDED, RELATING TO BUILDING PERMIT FEES," Councilmember Chock moved for approval of the reports, seconded by Councilmember Kuali`i. Council Chair Kaneshiro: Is there anyone in the audience wishing to testify on this? There being no objections, the rules were suspended to take public testimony. There being no one present to provide testimony, the meeting was called back to order, and proceeded as follows: The motion for approval of the reports was then put, and carried by a vote of 6:0:1 (Councilmember Brun was excused). PLANNING COMMITTEE: A report (No. CR-PL 2019-14) submitted by the Planning Committee, recommending that the following be Approved as Amended on second and final reading: "Bill No. 2740 — A BILL FOR AN ORDINANCE AMENDING CHAPTER 8, KAUAI COUNTY CODE 1987, AS AMENDED, RELATING TO ADDITIONAL RENTAL UNITS," A report (No. CR-PL 2019-15) submitted by the Planning Committee, recommending that the following be Approved on second and final reading: "Bill No. 2741 — A BILL FOR AN ORDINANCE AMENDING CHAPTER 11A, KAUAI COUNTY CODE 1987, AS AMENDED, RELATING TO ENVIRONMENTAL IMPACT ASSESSMENT ON LAND DEVELOPMENT," Councilmember Chock moved for approval of the reports, seconded by Councilmember Kuali`i. Council Chair Kaneshiro: Sorry, I had my paper halfway up, so I only saw Planning. The previous reports were for the Public Works & Veterans Services Committee. This is for the Planning Committee Reports. Is there anyone in the audience wishing to testify on this? COUNCIL MEETING 9 NOVEMBER 6, 2019 There being no objections, the rules were suspended to take public testimony. There being no one present to provide testimony, the meeting was called back to order, and proceeded as follows: Council Chair Kaneshiro: Any final discussion from the members? The motion for approval of the reports was then put, and carried by a vote of 6:0:1 (Councilmember Brun was excused). Council Chair Kaneshiro: Motion carried. Next item. HOUSING & INTERGOVERNMENTAL RELATIONS COMMITTEE: A report (No. CR-HIR 2019-02) submitted by the Housing & Intergovernmental Relations Committee, recommending that the following be Approved on second and final reading: "Bill No. 2742 — A BILL FOR AN ORDINANCE AMENDING CHAPTER 6, ARTICLE 9, KAUAI COUNTY CODE 1987, AS AMENDED, RELATING TO THE HOUSING DEVELOPMENT FUND," Councilmember Chock moved for approval of the reports, seconded by Councilmember Kuali`i. Council Chair Kaneshiro: Is there anyone in the audience wishing to testify on the Committee Report for the Housing & Intergovernmental Relations Committee? There being no objections, the rules were suspended to take public testimony. There being no one present to provide testimony, the meeting was called back to order, and proceeded as follows: Council Chair Kaneshiro: Seeing none, any final discussion from the members? The motion for approval of the report was then put, and carried by a vote of 6:0:1 (Councilmember Brun was excused). Council Chair Kaneshiro: Next item. COUNCIL MEETING 10 NOVEMBER 6, 2019 RESOLUTION: Resolution No. 2019-54—RESOLUTION APPROVING THE ISSUANCE OF UP TO $23,000,000 AGGREGATE PRINCIPAL AMOUNT OF SPECIAL TAX REVENUE BONDS OF THE COUNTY OF KAUAI FOR THE COUNTY'S COMMUNITY FACILITIES DISTRICT NO. 2008-1 (KUKUI`ULA DEVELOPMENT PROJECT); AUTHORIZING THE APPLICATION OF THE PROCEEDS OF THE BONDS, TOGETHER WITH CERTAIN OTHER AVAILABLE FUNDS, TO FUND THE COSTS OF CERTAIN FACILITIES RELATING TO SUCH DISTRICT; APPROVING THE FORMS OF THE FIRST SUPPLEMENTAL TRUST INDENTURE, SECOND AMENDMENT TO ACQUISITION AND FUNDING AGREEMENT, PRELIMINARY OFFICIAL STATEMENT, BOND PURCHASE AGREEMENT AND CONTINUING DISCLOSURE AGREEMENTS RELATING TO THE BONDS; CLARIFYING CERTAIN MATTERS RELATING TO THE RATE AND METHOD OF APPORTIONMENT FOR THE DISTRICT;AND AUTHORIZING THE TAKING OF FURTHER ACTIONS RELATING TO THE BONDS AND THE DISTRICT: Councilmember Chock moved for adoption of Resolution No. 2019-54, seconded by Councilmember Kuali`i. Council Chair Kaneshiro: I will suspend the rules. I believe there is a presentation. We will hold all of our questions until after the presentation. There being no objections, the rules were suspended. Ms. Matsuyama: Reiko Matsuyama, Director of Finance. This is the Community Facilities District (CFD) that we have been talking to you folks about for the last six (6) months or so. This is to approve the Resolution. I know you folks received hundreds of pages of information to read. Basically, there is nothing new in there that we have not gone over. Our consultants, we have Brian Hirai, who is our Bond Counsel and Anna Sarabian, who is our Financial Advisor, and they have prepared a presentation, a high-level presentation, the things we have already talked about. They will be here to answer questions as well. BRIAN T. HIRAI, Bond Counsel, McCorriston Miller Mukai & Mackinnon LLP: Thank you. Chair Kaneshiro, and Members of the Council, I am Brian Hirai with the law firm of McCorriston Miller Mukai & Mackinnon in Honolulu. It is our privilege to serve as Bond Counsel to the County in connection with this proposed issuance. Our role as Bond Counsel is to represent the County in making sure that the legal proceedings and the documentation complies with both State law, Chapter 26 of the County Code, and also with the requirements of the Federal tax laws. If I may, my colleague here, Anna Sarabian, is with the financial advisory firm of Fieldman Rollap & Associates in California, and they are providing financial advisory services, because this kind of bond issue depends on ratios, tax levies, and the like, so they are advising on the financial aspects of the transaction to the County. If I may, I would like to start with a bit of background just to bring everyone to a common ground here. COUNCIL MEETING 11 NOVEMBER 6, 2019 The County is authorized by Hawai`i Revised Statutes (HRS) Section 46-80.1 and also Chapter 26 of the County Code. Those authorities authorizes the County to establish Community Facilities Districts, referred to as "CFDs," to provide a means of funding infrastructure projects through the levy of a special tax on properties within the CFD. The special tax is in addition to the real property taxes and is levied annual on taxable property within the district bounds based on pre-determined procedures and formulas which are all part of the background documentation that formed the district. The collections of this special tax are used either to pay for infrastructure projects directly or to pay the debt service on special tax revenue bonds that are issued to fund the project initially. Under this authority, back in 2008, the County enacted Ordinance of Formation, Ordinance No. 872, referred to as the Ordinance of Formation which formally established the Kukui`ula CFD and authorized the levy of taxes for infrastructure projects serving the CFD. At that time, there were fourteen (14) projects that were identified, proposed by the developer of the CFD, Kukui`ula and approved by the County, which included four (4) water projects, transmission lines, reservoirs, et cetera, and eight (8) major road projects. (Councilmember Kagawa was noted as not present.) Mr. Hirai: The Ordinance of Formation also reserved to the County the right to designate additional projects up to fifteen percent (15%) of the net usable proceeds of bonds or the taxes after all the expenses. Also in 2008, the County passed Ordinance No. 875 which was the Bond Ordinance which authorized up to one hundred twenty million dollars ($120,000,000) of special tax revenue bonds in multiple series to fund infrastructure projects that would serve the district. The first levy of taxes was in FY 2011-2012 and the first bond float was in May of 2012. There was a lag between 2008 and 2012 as you may all recall, that was the time of the recession and the difficulties, especially in the real estate markets. The first bond float, which was completed in May of 2012 was for a total of eleven million eight hundred seventy-five thousand dollars ($11,875,000). Let me go back there. Eleven million eight hundred seventy-five thousand dollars ($11,875,000.00). The projects proposed by the developer which were approved for funding with that particular bond issuance were two (2) water projects, the Piwai Wells and the Oma`o sixteen (16) inch transmission line. The County also, as I said, had fifteen percent (15%) of the usable, available proceeds for its designated projects and used that to fund the Kaneioulouma Heiau in the Po`ipu area. The Heiau complex. There were other projects that were authorized, but that was the principle one that was funded. (Councilmember Kagawa was noted as present.) COUNCIL MEETING 12 NOVEMBER 6, 2019 Scroll forward, the documents that set-up that bond issue allowed for additional series of bonds to be issued, also secured by the special taxes, provided that some benchmarks were met, specifically debt service coverage ratios, other taxes healthy enough to support, and the value-to-lien ratio, which is the valuation of the properties that are subject to the tax in relation to the tax burden of the bonds or the taxes that are required to support the bonds. It took us from 2012 to now to come back before this Council, because as you know, with large developments like that, the values increase as the development occurs and as properties are sold off to end users, and related to that, the tax base grows. To be able to safely issue additional bonds, you have to make sure your special tax base has grown. We are here today, because through further research and analysis it has been determined that we are in a position to have the County consider an additional bond issue. The CFD Bonds, just to be clear, they are different from the County's General Obligation (GO) Bonds. The CFD bonds or the special tax revenue bonds are secured solely by the special taxes. They have no claim on the General Fund, so the County has no liability to fund the bond payments outside of those special taxes. The responsibilities of the County are limited to levying and collecting the special taxes annually. The County retains a special tax advisor, one that is very experienced on the matter to help with the annual levy process. There are also covenants to enforce delinquency proceedings to make sure that the revenues continue to be sufficient to support the bond issue. As a result of some Securities and Exchange rules, there are some continuing disclosure obligations that both the County and the developer are required to meet. Those are taken care of annually. The security for the bonds are the CFD special taxes. Because it is a limited recourse just to the CFD special taxes, we also setup a bond reserve. That is money that is set aside from the bond proceeds and it is held as a reserve in case there is a temporary shortfall that would be made up while enforcement proceedings are underway. Capitalized interest is also available. The tax base gets stronger as more development and more sales occur. To provide a little more cushion and a safety net, capitalized interest can be funded from the proceeds of the bonds and used to take care a portion of the debt service and ease the burden of the special taxes on a temporary basis. CFD taxable property, is actually part of the security packet, because ultimately, if there is a failure to pay on the part of a property owner, then there is a foreclosure right and an obligation to take action when it is material to the safety of the bond issue. At this point, I would like to turn it over to Anna for some of the financial aspects of the transaction. ANNA V. SARABIAN, Principal, Fieldman Rollap & Associates: Thank you, Brian. Good morning. It is a pleasure to be here again. As Brian mentioned, the original legal documents authorized subsequent issues for consideration by the County if certain conditions are met. I will dive into those conditions in a minute here. I wanted to take a step back and tell you that one (1) of the reasons why, as COUNCIL MEETING 13 NOVEMBER 6, 2019 Brian explained, we are in front of you having you consider this second bond issue is because of the development that occurred at the property, and also there are very favorable bond market conditions. As I am sure you have all followed, the Federal Open Market Committee cut its interest rates last Wednesday by twenty-five (25) basis points. They lowered the interest rates. As a result overall this year, we have seen a lot of issues like the County's, enter the market and take advantage of attractive interest rates. Just to give you some statistics, the municipal calendar for this week throughout the entire United States, is estimated that thirteen billion dollars ($13,000,000,000)worth of bonds was issued by state and local agencies. That is the supply side. On the demand side, are there investors out there with sufficient cash available to invest and purchase these bonds? When we talk about those investors, we focus on municipal bond funds. Those funds reported one billion one hundred sixty-one million dollars ($1,161,000,000) in net inflows last week. This means they still have cash coming in and available, sitting there to invest in municipal bonds. When we issue these bonds, they are issued on a tax exempt basis. The interest rates for our issue is a term of thirty (30) years. We looked at statistics. What have thirty (30) year benchmark rates been going back to 2009? For the thirty (30) year term, only two percent (2%) of the time going ten (10) years back, rates have been lower than they are today. So very attractive market conditions. Based on these conditions right now and the ratios that I will cover on the next few slides, we are at present, looking at issuing approximately nineteen million nine hundred thousand dollars ($19,900,000) in par size of bonds. Those are currently projected to generate approximately eighteen million eight hundred thousand dollars ($18,800,000) in total of net project fund proceeds, fifteen percent (15%) of which, about two million eight hundred thousand dollars ($2,800,000) are for County-designated projects. So, let us jump to the required bond ratios. As Brian explained so eloquently, these bonds are secured by the property in the district and the special taxes levied on those parcels. There are certain requirements as summarized here. One (1) of them is the undeveloped property, when you value that property its value-to-lien, which is the value of the property divided by the share of bonds attributable to that property, should be at least 10:1. The developed property, and I will explain what developed property means. Essentially, that is the property that has a final map issued. That value-to-lien needs to be at least 7:1. The special taxes being collected from these kinds of properties together in aggregate should generate at least one hundred ten percent (110%) coverage of the debt service. Since we met with you earlier this year, a lot of activities have happened. The formal appraisal by an appraiser to represent the County was conducted. They appraised the property in the district. As a result of that appraisal, the value of the property was very strong. That resulted in an aggregate value-to-lien of almost 19:1. The breakdown between improved and undeveloped property value is provided here. Very, very strong. To further satisfy the legal documents requirements, the second bond float is structured so that special taxes from improved lot property will be covering debt service or will be responsible for seventy-five percent (75%) of the debt service. The remaining twenty-five percent (25%) will come from special taxes levied on undeveloped property. As a result of the mix, as of right now, for FY 2021, the debt service coverage from all of COUNCIL MEETING 14 NOVEMBER 6, 2019 the taxable property within the boundaries of the district is projected to be over four hundred percent (400%). Again, this is very strong. Moving on to next slide, I will hand it back over to Brian. Mr. Hirai: I would like to take a few minutes to go through what is being authorized by this Bond Resolution. First of all, it is authorizing up to twenty-three million dollars ($23,000,000) of special tax revenue bonds for the Kukui`ula CFD. Again, these are the limited obligation type bonds. The Director of Finance is authorized to enter into a purchase agreement to sell the bonds to the public subject to some parameters that are imposed in the Resolution. Again, twenty-three million dollars ($23,000,000) is the maximum. The maximum interest rate cannot exceed six percent (6%) per annum. The maximum underwriting discount, there is an underwriter who will purchase the bonds from the County for re-offering to investors, and they are compensated by way of a discount off of the full amount of the bonds, and that is limited to two percent (2%) of the underwriting discount. Also, there is a requirement that there be certifications from independent experts verifying that the financial ratios that Anna just went over, have been complied with. Finally, the maximum maturity, the longest maturity of the bonds will not exceed thirty (30) years. In fact, the latest maturity cannot be beyond May 15, 2049. The Bond Resolution then goes on to approve various documents that relate to this issue. The original documents authorize additional bonds, but these additional supplements, if you will, are required in order to implement that broader authorization. The First Supplemental Trust Indenture authorizes this specific series of bonds and the use of the proceeds from this specific series of bonds and establishes an additional reserve for the debt service. The Second Amendment to Acquisition and Funding Agreement...Acquisition and Funding Agreement is the basic document by which the County and the developer agreed what would be funded, what would be reserved to the County to designate, and how the funding would occur. The amendments are for a couple of different purposes. First of all, the Second Amendment extends the period of time during which special taxes can be used directly to pay for capital improvements or projects for the district. That has been extended by five (5) years. It had been January 1, 2024. Under this Amendment, it will be January 1, 2029. There was also a clarification in the Amendment of how we define net construction proceeds, which is the net project fund proceeds that Anna referred to that is divided up eighty- five percent (85%)/fifteen percent (15%)between the developer proposed projects and the County-designated projects. Finally, it provides for an exchange...this is a technical matter, as I had said that the original set aside of fifteen percent (15%), the primary project was the Heiau. Other projects were designated and there were unexpended moneys...the most expeditious and tax compliant way of dealing with it is...there is going to be a substitution, we have pending some from the original project we still owed the developer from proceeds, so we will use the unexpended bond proceeds for that purpose in exchange for which the developer has ceded to the County COUNCIL MEETING 15 NOVEMBER 6, 2019 their eighty-five percent (85%) of the special taxes to be collected over the next couple years until the unexpended proceeds are made up. It is a substitution of funding sources. It is an issue that needed to be dealt with and this is a tax compliant means of doing so. It also approves the Official Statement. The Director of Finance and the Office of the County Attorney have been involved, along with Anna and myself in going over this document on behalf of the County. It is the offering document for the bonds, when they are offered to potential investors. It is a disclosure document as well as a marketing document. It explains risks and a structure to make sure the buyer knows what they are purchasing. It will include the appraisal that Anna referred to. As I had indicated, there are obligations under the Securities and Exchange Commission (SEC) rules to provide additional disclosure on an on-going basis. There are two (2) agreements that provide for that. This is done through a dissemination agent. Currently, that is Bank of New York Mellon Trust that coordinates the filings of these continuing disclosure statements. They consist of the CAFR annually and statistical data about the tax base and funds in the indenture. Finally, there is the Bond Purchase Agreement that is the document that will officially sell the bonds to the underwriter for re-sale to the public. It is in standard form with normal securities law disclosures and disclaimers. The Resolution also authorizes the use of fifteen percent (15%) of the net construction proceeds to fund designated County projects. Attached to the Resolution is Exhibit A, which identifies the projects that are eligible for funding out of this fifteen percent (15%). They are primarily the transportation improvements in Koloa and Po`ipu as identified the multi-modal network in the South Kaua`i Community Plan and a number of specific projects are enumerated there. Secondarily, there is authorization for the Pa'anau Village Phase I and Phase II energy self-sufficiency upgrades. Those are the kinds of capital projects that are contemplated to be funded out of the fifteen percent (15%) of the bond proceeds and going forward fifteen percent (15%) of the tax revenues net usable. Finally, the Resolution does provide a clarification which bears some explanation. There are some properties that are exempt from the tax. One (1) of the kind of properties is the golf course parcels. Unfortunately, what happens is, some of that land that is used for golf course purposes have not been subdivided. You can either consider them all golf course or all taxable. Because of the golf course use, they had been identified as exempt. The taxation was not necessary to support the bonds up to date. The developer has identified some near term plans for subdivision and ultimate development of portions of the golf course parcels. For scale, we are talking about three (3) parcels that are partially used for golf course purposes totaling three hundred seventy-nine (379) acres, approximately. Of which one hundred forty-one (141) acres are currently used for golf course purposes. The remaining two hundred thirty-seven (237) acres are just unimproved. The clarification, because of the lack of subdivision, it had to be either one (1) or the other. Because of the near term development plans of the developer, they have requested a clarification and in fact the clarification results in a reclassification of the golf course parcels to taxable until such time as they have completed the subdivision. Then, only the golf course- COUNCIL MEETING 16 NOVEMBER 6, 2019 specific subdivided parcels will then be exempt. That is the purpose of that clarification...it required a clarification and under the tax levy documents, clarifications are provided by this Council. Hopefully I have explained that it was a choice, one or the other, and because of the development plans, the logic sways in the other direction of treating it as taxable for now. Ms. Sarabian: So, what are the next steps in the process...today, we are introducing the Bond Resolution. If the Council moves forward and adopts the Resolution, the next step is finalizing the Preliminary Official Statement, which as Brian explained, is the offering document. You could look at it as the marketing material that is provided to investors describing the project and explaining the credit worthiness of the bond issue. Once we finalize it, we will have the underwriter distribute that to various investors. It typically takes two (2) weeks for their pre-marketing period. They can answer investors' questions and make sure that they talk to a wide investor base. Based on the current schedule, if we were to have that Preliminary Official Statement distributed later this week, we are looking after that two (2) week period of pre-marketing by the underwriter to price the bonds right around November 21St. That is the date when the actual interest rates and final size of the bonds will be locked in. Afterwards, it takes two (2) to three (3) weeks to prepare all the closing documents and create from the Preliminary Official Statement, the Final Official Statement which essentially just fills in the bond information, the rates, the bond percent, and updates the tables to reflect the debt service. Based on current plans, we are looking to close the financing right around December 17th. It is at the closing when proceeds are available. Mr. Hirai: The money is in-hand at the closing. Subsequent to the closing, the bond proceeds are then used for the authorized projects. The remaining proceeds are deposited into various bond funds. I mentioned the reserve fund and capitalized interest fund. Special tax levies will go on as they have in the past. The collections will be used to pay debt service on these bonds as well as the 2012 bonds. We will continue to monitor the continuing disclosure obligations and make sure that those disclosures are filed annually. There may be future bond floats. We are not at that point, on the same kind of basis as we come before you today, with the developments and the increase in the tax base. Ms. Sarabian: This slide just shows all of the members of the financing team. It takes a village to get bond issues in the right shape and form, to make sure that they are structured appropriately, and to make sure the County's interests are protected. We would be happy to answer any questions. Council Chair Kaneshiro: Okay, any questions from the members on that? Councilmember Cowden. Councilmember Cowden: Okay, thank you so much. There is a lot of information in here. I am going to ask a few questions even if they seem simple. You said we have a great interest rate. I am looking, but what is our interest rate? Did you tell us what that was? COUNCIL MEETING 17 NOVEMBER 6, 2019 Ms. Sarabian: I can tell you as of when these numbers were run, the true interest cost, which is the average rate on the bonds, is about four point three six percent (4.36%). The rates will be locked in at pricing. These are preliminary rates based on current conditions. That is why you do not see details, because the market is changing every day. Councilmember Cowden: Okay. When we look at this, the capacity that you could be adding to this goes all the way up to one hundred twenty million dollars ($120,000,000)? So we have learned during our first bond float, it was basically the water well and the transmission lines. I keep looking through here trying to understand what this next twenty million dollars ($20,000,000) is for. Mr. Hirai: The next twenty million dollars ($20,000,000) as far as from the developer-proposed...there were fourteen (14) projects that were approved at the original formation of the district. There are still some unpaid amounts owed on account of the transmission line. The next project that was teed up at that point was the Western Bypass Road. They were all pre-identified and so it is a matter of making sure they are ready to be dedicated, they are up to standards ready to be dedicated, and actually dedicated, ready for funding. Councilmember Cowden: Okay, so the Western Bypass Road? Mr. Hirai: Yes. Councilmember Cowden: I am thinking that has already been built, right? Mr. Hirai: Yes. Councilmember Cowden: So this would be paying for that? Mr. Hirai: The Acquisition Agreement if you will, it says "If the County accepts it, it is agreeing to pay the purchase price subject to the availability of funds from special tax collections or bond proceeds." It is already owed and is a payment on account of what is already owed. Councilmember Cowden: Okay, alright. So when I look at these numbers, and it says forty-one percent (41%), the taxable amount, or almost forty-two percent (42%), it is coming from the developer that means Alexander & Baldwin (A&B), is that correct? Is A&B the developer? Mr. Hirai: The developer is a joint-venture between A&B and DMB out of Arizona. Councilmember Cowden: Arizona, okay. Mr. Hirai: They are one (1) of the principals. COUNCIL MEETING 18 NOVEMBER 6, 2019 Councilmember Cowden: So, this is going to be my last question for the moment. I have two (2) actually, sorry. I presume there is a property owner's association and all these people are getting taxed, and they are all signed on to this. They know what is coming up? Mr. Hirai: Yes. They do. In the original formation of the district, there were full-disclosures. We made sure all the sales materials had disclosures and in fact, the properties were all identified in the tax records as being subject to this tax. Councilmember Cowden: They have gotten some sort of notice that this is coming up and there is an increase going on? Mr. Hirai: Yes. Well, actually, as the tax base has grown, this is capacity without artificially increasing the taxes. (Councilmember Kagawa was noted as not present.) Mr. Hirai: It is just that there are more properties that are subject to the tax and when a parcel becomes "improved property," that is when the valuation is determined specifically. Other than these kinds of appraisals that we do to check on things. The value is established based the purchase price to an end user or by an estimate if it is still held by the developer pending sale to the end user. It is at that point that the tax is set. As they have developed more and more properties and they have become improved properties, there has been this additional tax, but not on account of the bond issue. It is the other way around. The additional taxes enable the County to consider another bond issue. Councilmember Cowden: Alright. Okay. So, thank you. I believe we covered this in our meeting, but just for the viewers who are listening, in the unlikely event of the failure of this development...if something happened and for some reason it did not work, who is taking the loss? It is not the County or the taxpayers? Mr. Hirai: That is correct. The County though would be obligated to in a major default to exercise the foreclosure and enforcement remedies. It would not be out of pocket for what is owed. That is what the investor is accepting. There is all this value and so if foreclosure is necessary on large portions of the development, then we will maybe not get it right away. That is what the reserve fund is for. They are looking at it from that perspective and saying, "Well, it is a risk, but I accept that risk." Councilmember Cowden: Okay. I just want to appreciate this robust list of designated County projects for that two million five hundred thousand dollars ($2,500,000). Looking through it, I am happy to see a number of the projects that are on there. So, thank you. Council Chair Kaneshiro: Councilmember Chock. COUNCIL MEETING 19 NOVEMBER 6, 2019 Councilmember Chock: Thank you, Chair. Thank you for the presentation. Reiko, I think we talked about this before, but I wanted to see if we had information on this. I know this is the first of its kind. Do we know if the CFD has an impact on our bond rating, if at all? Ms. Sarabian: Can I answer that? So, the CFD has absolutely no impact on the County's rating. These CFDs are ninety-nine percent (99%) of the time issued without a rating. They are non-rated, because they are a special type of borrowing secured by the properties in the district. As Brian explained in the very beginning, the payments, the debt service, and the structure relates solely to the properties and the special taxes levied in the district, and has no bearing on the County's credit. Councilmember Chock: Thank you. Council Chair Kaneshiro: Councilmember Evslin. Councilmember Evslin: Thank you for that presentation. We talked about this a little bit when we met earlier. You mentioned that the taxable value is based on when the property first sells or if the developer develops it based on an assessment of when it was developed? The value is just set once, right in the beginning? Mr. Hirai: Yes. Councilmember Evslin: That holds continuously? Mr. Hirai: Yes. The tax provisions provide that that is subject to annual increases of up to two percent (2%). Councilmember Evslin: Okay. Mr. Hirai: But, that is just an increase on the amount that can be assessed. There is no re-determination of the value. Ms. Sarabian: The value is set at the beginning and it can only increase. Councilmember Evslin: It cannot go down? Ms. Sarabian: It cannot decrease. Councilmember Evslin: So, in the event of a recession or a hurricane that wipes out all these houses and there assessed value declines, we are still collecting based on the sale value? Mr. Hirai: The assessed value for other purposes may decline, but it is a one-and-done for these. COUNCIL MEETING 20 NOVEMBER 6, 2019 Councilmember Evslin: Okay. Does it end up having the effect of...so people who got in earlier, maybe when the market was not as hot, end up kind of getting a little better deal? You had said that as the market expands and these properties are worth more and more... Mr. Hirai: I am not making the comparison of being worth more necessarily than ten (10) years ago... Councilmember Evslin: Okay. Mr. Hirai: They are certainly worth more as "improved," than they were as undeveloped land. Councilmember Evslin: Okay. In the event of a default, the County can foreclose like we can on any property tax default? Mr. Hirai: Correct. Councilmember Evslin: Is the lien on that...do we have a paramount lien? If the bank is also trying to recover money, how does that work? Mr. Hirai: This lien is on the parity with a real property tax lien, so they are co-paramount. Councilmember Evslin: Okay, great. You mentioned unexpended funds from the last float, but you also talked about us owing the developer...could you just talk that through a little bit? I did not understand that all that well. (Councilmember Kagawa was noted as present.) Mr. Hirai: Okay, the Oma`o transmission line, I think it was a total of one million nine hundred thousand dollars ($1,900,000). Because of the size of the 2012 bond issue, we could not fund it fully. In fact, there was roughly one million seven hundred thousand dollars ($1,700,000) out of the one million nine hundred thousand dollars ($1,900,000) that still remained to be funded. Some of that was taken care of with continuing collection of special taxes. They still owed a bunch of money on the Oma`o transmission. That is somewhat seven hundred thousand dollars ($700,000) still. That is a project, since we already owed the money, the expenditure of the unexpended proceeds can happen instantaneously. That is the cleanest way to deal with it from a tax perspective rather than dealing with it over a further amount of time. In exchange for that, they have given up their eight-five percent (85%) going forward and by historical collections, it should take about...unless things change, the historical collections have yielded sufficient moneys that they should be able to take care of it, or have the County receive it back in about three (3) years or so. Councilmember Evslin: In about what? Mr. Hirai: Three (3) years. COUNCIL MEETING 21 NOVEMBER 6, 2019 Councilmember Evslin: Okay. Mr. Hirai: That will give time to the County to stage all these projects without the pressure of having to spend it right away. Councilmember Evslin: Okay. That is all the questions I had. Thank you. Council Chair Kaneshiro: Councilmember Kuali`i. Councilmember Kuali`i: I too want to say thank you for your presentation. My question is more for the Administration and is more of a curiosity. When you talk about the fifteen percent (15%) and you talk about the three million found hundred thousand dollars ($3,400,000) or three million five hundred thousand dollars ($3,500,000), to have a sense of what the value of that is...you gave us this list of projects, and it may require a follow-up with the folks behind these projects...as an example, the Pa'anau Phase I and II energy self-sufficiency upgrades, if that was fully-funded, what would that cost? Ms. Matsuyama: I know that for Phase I, they actually did receive a bid. It was for about six hundred forty thousand dollars ($640,000). The list that you have there, we know that the money that we have from this bond float is not going to cover the project. What is listed there are things that we can fund with these proceeds. If we wanted to go outside of this list, we would have to come back to you to get approval. Councilmember Kuali`i: Okay. As another example, the third bullet, Shared-use path along an existing cane haul road from Koa`e Housing to Ala Kinoiki. Do you know if that item includes cost for land acquisition and how much that is? (Councilmember Chock was noted as not present.) Ms. Matsuyama: I am not sure, but I would imagine that within this it would be...we could spend this money on land acquisition if needed. All of those projects were approved through the South Kaua`i Community Plan. We kind of wanted to focus on value-added projects that we would have a difficult time getting funding for elsewhere. Councilmember Kuali`i: Right. Ms. Matsuyama: That was kind of our focus there. Councilmember Kuali`i: Someone could give me a dollar figure on these, correct? Ms. Matsuyama: They are actually working on it. Brian actually needs it for tax purposes. COUNCIL MEETING 22 NOVEMBER 6, 2019 Councilmember Kuali`i: I am interested in having it. Ms. Matsuyama: Okay. Councilmember Kuali`i: The third one is Hapa Trail improvements from Hapa Road to Po`ipu Road. The only other thing about this whole list is, is it in any kind of priority order? Ms. Matsuyama: No, not that you see there. Councilmember Kuali`i: So as those projects come up and you need the funding, you would go to this pot of money? Ms. Matsuyama: Correct. Councilmember Kuali`i: Mahalo. Council Chair Kaneshiro: Any further questions from the members? If not, thank you. Anyone in the audience wishing to testify on this item? There being no one present to provide testimony, the meeting was called back to order, and proceeded as follows: Council Chair Kaneshiro: Any final discussion from the members? Councilmember Kagawa. (Councilmember Chock was noted as present.) Councilmember Kagawa: Yes, I would just like to thank the Administration and the professionals that took time to meet with us individually. I think I had two (2) meetings with them. It made me feel comfortable that the risk is minimal with this request and as complicated as this is, Kaua`i is the only island that is supporting these types of requests. I feel comfortable enough that with the Administration's support and with the professionals that were hired, who have expertise in these types of complicated bond floats, I feel comfortable in supporting it. I just want to thank them for taking the time to meet with us. Hopefully, it is a win-win for both sides. Thank you. Council Chair Kaneshiro: Anyone else? Councilmember Cowden, then Councilmember Evslin. Councilmember Cowden: I am also going to say how much I appreciated the time that was taken to work with us on our own to be able to answer a lot of our questions. I want to recognize the competence and the breadth of the group that came to discuss it. It was a learning process. I appreciate the couple few months of heads up to be looking at it. It seems like a good pathway to be dealing with some of our challenges. I thank you for that as well. I, like Councilmember Kagawa, it gave me a lot more confidence in being able to see this. Thank you. • COUNCIL MEETING 23 NOVEMBER 6, 2019 Council Chair Kaneshiro: Councilmember Evslin. Councilmember Evslin: Yes, just to repeat what Councilmembers Kagawa and Cowden just said. Thank you for meeting with us. It definitely did help spending the time to walk us through this. I think...at first glance, it is easy to misunderstand what is going on here...floating a County bond for a private developer. It really is a win-win for the County in a lot of ways, because all of the risk is on those landowners within the area. The County gets fifteen percent (15%) off the top of it for our own uses. It is a little like free money that does not come around that often. When you get a group of landowners willing to pay a tax on top of their current taxes to fund their own infrastructure and County infrastructure, it works out great. It seems like almost non-existent risk on our part because that lien is paramount. It sounds great. Thank you. Council Chair Kaneshiro: Councilmember Chock. Councilmember Chock: Yes, thank you again for the presentation. I appreciate the diligence and competence behind the work that you put together. It is so complex in putting the package together with all of our partners. I appreciate you taking the time to walk us through it over the last few months. This is pretty big. Not only is this new territory, but what I really like about it is that it serves the whole community when I see it. Particularly, I look at the projects that are listed here, Shipwrecks parking lot, the multi-use path, Pa'anau Village, and the energy sustainability initiatives there, are not only looking at the residents who have paid in to this, but looking at everyone in the surrounding area. That is the benefit when we can look at that from a broad perspective and apply this kind of funding to serve the whole community. I appreciate that. Thank you. Council Chair Kaneshiro: In a nutshell, the County gets an estimated two million eight hundred thousand dollars ($2,800,000) or fifteen percent (15%) of the bond float. I believe we collect some administrative fees and again, our risk has been mitigated a lot. This is based on our reserve account, the ratio of valuations between improved and unimproved lots, and of course, ultimately, our ability to foreclose and lien properties. It is a pretty good deal for us. These are very complicated documents, but in the end, it is a good deal for us. We have money that we can spend in the community and we have a list of those projects in the Resolution. With that, we will take a roll call vote. The motion for adoption of Resolution No. 2019-54 was then put, and carried by the following vote: FOR ADOPTION: Chock, Cowden, Evslin, Kagawa, Kuali`i, Kaneshiro TOTAL— 6, AGAINST ADOPTION: None TOTAL— 0, EXCUSED & NOT VOTING: Brun TOTAL— 1, RECUSED & NOT VOTING: None TOTAL— 0. Mr. Sato: Six (6) ayes, one (1) excused. COUNCIL MEETING 24 NOVEMBER 6, 2019 Council Chair Kaneshiro: Motion passes. Next item. BILLS FOR FIRST READING: Proposed Draft Bill (No. 2762) —A BILL FOR AN ORDINANCE AMENDING ORDINANCE NO. B-2019-856, AS AMENDED, RELATING TO THE OPERATING BUDGET OF THE COUNTY OF KAUAI, STATE OF HAWAII, FOR THE FISCAL YEAR JULY 1, 2019 THROUGH JUNE 30, 2020, BY REVISING THE AMOUNTS ESTIMATED IN THE GENERAL FUND (Office of the Prosecuting Attorney, Victim Witness Counselor II Positions — $23,069.00): Councilmember Kagawa moved for passage of Proposed Draft Bill (No. 2762) on first reading, that it be ordered to print, that a public here thereon be scheduled for December 4, 2019, and referred to the Committee of the Whole, seconded by Councilmember Chock. Council Chair Kaneshiro: Any questions from the members on this item? Seeing none, anyone in the audience wishing to testify on this item? There being no objections, the rules were suspended to take public testimony. There being no one present to provide testimony, the meeting was called back to order, and proceeded as follows: Council Chair Kaneshiro: Any final discussion from the members? Councilmember Kagawa. Councilmember Kagawa: I feel like I am likely to support this request throughout the process. We keep hearing lately about the increase of crime on Kaua`i. For us, we need to support not only the Police side, but we have to support the Office of the Prosecuting Attorney side when they have requests to keep the community safe. We need to make sure that justice is served. For us, we are lay people. We do not know the nuts and bolts of what is entailed to do their job efficiently. This type of request is a small request when you compare to them doing their job well and the importance of that. I feel comfortable that I will be supporting whatever requests come in these types of amounts that they require. Thank you. Council Chair Kaneshiro: Councilmember Cowden. Councilmember Cowden: I just want to thank the people from the Office of the Prosecutor Attorney who came and also met with us. It was really good. It is a small amount of money that is actually just being moved. I appreciate the intention of what is happening there with the victim witness counseling to be able to have more latitude to help people who are not just...certainly very important that we help the people who are victims of the more violent crimes, but it is also important that our Counselors have the flexibility to be assisting the victims of property crimes and other things that are frightening whether they were physically hurt or not. I really like the intention of our prosecutors to be looking at how we do not have to send our victims to two (2) or three (3) different locations to have support for this, that, and the next thing. We are able to give them comprehensive service, from caring people, at one COUNCIL MEETING 25 NOVEMBER 6, 2019 time. Very good job for what you folks are working on. It is an excellent way to bring that forward to us and I commend you. Council Chair Kaneshiro: Anyone else? I have to agree. This is thinking outside the box, allowing us to spread the grant around to different positions, and allowing those positions to be able to work on the specific services that come with that grant. If we fund the grant all to one (1) position, only that person can deal with specific items associated with the grant. If you spread it out, then all of those people can provide more services in their Office. I think it is a great deal for us. We are not asking for additional moneys. It is a grant that is there and it is just spreading the money out to different positions. Councilmember Kuali`i. Councilmember Kuali`i: I just want to add one (1) quick thing. I, too, want to say mahalo nui loa to the folks from the Office of the Prosecuting Attorney that came over. This is a pretty vote. I like their explanation about how basically, some of the grant funding and the requirements there changed, so the eligible expenses meant that they had to look at things a little differently. They were primarily interested in being able to continue to serve all of the public. When some of the counselors were having to be in Court, and not back at the office, other counselors needed to be available and eligible. This funding needed to be reconfigured. It is the same amount of money. It is just being reconfigured. Good work in continuing to serve the public. Council Chair Kaneshiro: Anyone else? If not, roll call vote. The motion for passage of Proposed Draft Bill (No. 2762) on first reading, that it be ordered to print, that a public here thereon be scheduled for December 4, 2019, and referred to the Committee of the Whole was then put, and carried by the following vote:, seconded by Councilmember Chock. FOR PASSAGE: Chock, Cowden, Evslin, Kagawa Kuali`i, Kaneshiro TOTAL— 6, AGAINST PASSAGE: None TOTAL— 0, EXCUSED & NOT VOTING: Brun TOTAL— 1, RECUSED & NOT VOTING: None TOTAL— 0. Mr. Sato: Six (6) ayes, one (1) excused. Council Chair Kaneshiro: Next item. Proposed Draft Bill (No. 2763) —A BILL FOR AN ORDINANCE APPROVING A COLLECTIVE BARGAINING AGREEMENT FOR BARGAINING UNIT 13 BETWEEN JULY 1, 2019 AND JUNE 30, 2021: Councilmember Kuali`i moved for passage of Proposed Draft Bill (No. 2763) on first reading, that it be ordered to print, that a public here thereon be scheduled for December 4, 2019, and referred to the Committee of the Whole, seconded by Councilmember Chock. COUNCIL MEETING 26 NOVEMBER 6, 2019 Council Chair Kaneshiro: Any questions on this one? Councilmember Kagawa: Yes. Council Chair Kaneshiro: I will suspend the rules. Janine. There being no objections, the rules were suspended. Council Chair Kaneshiro: Councilmember Kagawa, then Councilmember Cowden. JANINE M.Z. RAPOZO, Acting Director of Human Resources: Good morning, Janine Rapozo, Acting Director of Human Resources. Councilmember Kagawa: Thank you. If you can just explain in a nutshell, what bargaining Unit 13 is, who they are, what type of work do they do for the County. In a nutshell, what does the contract call for? Ms. Rapozo: Okay, so our Unit 13 members are part of the Hawai`i Government Employees Association (HGEA). They are our scientific and professional employees. This would be people with a college degree. Your accountants, your program specialist, your procurement specialist...any type of specialist type of positions. Human Resources specialists. The negotiation committee for Unit 13 put the employer's proposal out to vote for ratification and they did ratify it in early October to go ahead with the proposal that was in front of them. It is a two (2) year agreement. We are already behind. We did not have a contract as of July 1, 2019. The first year proposal is to have two point one five percent (2.15%) increase across-the-board for the salary scale that the Unit 13 members already have, and a seven hundred fifty dollar ($750) lump sum for those that do not have a step movement. For the second year, on July 1, 2020, we would continue the step movement plan, and it would be a two point zero three percent (2.03%) across-the-board increase, as well as a seven hundred fifty dollar ($750) lump sum payment for those that are not getting a step movement within the contract period. Other things that are part of the agreement include increases in a uniform allowance and increases in the meal allowances that are already a part of the contract. There is also a change in the way that standby pay is paid out. Councilmember Kagawa: I have a question. The uniform allowance, are we increasing it by twenty-five dollars ($25)? Ms. Rapozo: No. It will be twenty-five dollars ($25) now. Councilmember Kagawa: Per? Ms. Rapozo: If you have a full uniform, it would be a shirt and trousers. The allowance is per month. COUNCIL MEETING 27 NOVEMBER 6, 2019 Councilmember Kagawa: Twenty-five dollars ($25) per month? Ms. Rapozo: Yes. Councilmember Kagawa: What kind of uniform are we talking about? Describe a position that this applies to. Ms. Rapozo: I am not sure if there are any Unit 13 members that we would have a full uniform for. For another unit, it could be like our security officers that have a shirt and trousers that we would provide. I am just trying to think who else would have a uniform in our bargaining unit. This is statewide so there may be other positions within the State that have that. Councilmember Kagawa: So if they are not required to wear a uniform then they will not get this? Ms. Rapozo: Correct. Councilmember Kagawa: Only people that are required to wear a uniform gets that? Ms. Rapozo: Correct. Councilmember Kagawa: Okay. Do they get all of it? Twenty-five dollars ($25) plus fifteen dollars ($15) plus ten dollars ($10)? Ms. Rapozo: No. It depends on the type of uniform. If you only get a t-shirt as part of your uniform that you have to wear, then it would only be ten dollars ($10) a month. If you have a button shirt, trouser, or jacket, then it is fifteen dollars ($15) a month. If it is the full uniform, then it is twenty-five dollars ($25) a month. Councilmember Kagawa: Is that comparable to the Fire t-shirt? That kind of allowance? I would think if you have one t-shirt that is ten dollars ($10) right? They can get one (1) shirt a month? Ms. Rapozo: Actually they get the uniform. This is basically an allowance to launder the uniform. Councilmember Kagawa: Really? Ms. Rapozo: Yes. Councilmember Kagawa: Okay. Is this something new? We have never... COUNCIL MEETING 28 NOVEMBER 6, 2019 Ms. Rapozo: Nope. It has always been...it has been in the contract for a while. It is actually increasing the amount. This has not been increased since 2007. Councilmember Kagawa: Okay. I do not even know if it was really necessary in the beginning. But, anyway. I guess if they had it, I have no problem with it going up a little bit. It is hard to...I guess for the legislative side, when we approve it, and not seeing the picture of what workers it applies to. At the end of the day, I kind of worry if it is across-the-board fairness. I have been a school teacher for nineteen (19) years now and we do not get anything for washing our clothes. We are told that we have to wear shoes and we have to wear pants. At some schools they wear slippers. It all depends. I do not recall getting a uniform allowance for teachers. Then we get for others and they get money for washing their clothes. It just seems odd. I am good, thank you. Council Chair Kaneshiro: Councilmember Cowden. Councilmember Cowden: When we look at this having been really starting July 2019, do they get a retroactive payment? Ms. Rapozo: Correct. Councilmember Cowden: When we are looking at this, this is about a six hundred thousand dollars ($600,000) increase for the budget coming up for next year and almost one million three hundred thousand dollars ($1,300,000) the next year. Five hundred ninety two thousand ($592,000) for 2020. I am just framing that for the people who are listening. Thank you. Council Chair Kaneshiro: I had a question on the meal allowance. Is that comparable to the other bargaining units? Ms. Rapozo: Yes. This meal allowance is basically when the employee has to work overtime and they run into longer hours where we would either have to provide them a meal or give them a meal allowance. It is comparable. Another unit coming up that just ratified as well is Unit 2. You will see the same amount that is going up. Again, this has not gone up for over ten (10) years. Council Chair Kaneshiro: I would assume if those come up, they would try to make it consistent with everyone else. I was just asking the question. I would not see why one (1) bargaining unit would get fifteen dollars ($15) and another bargaining unit gets two dollars ($2) or one (1) gets ten dollars ($10). I would think they should all be the same. Ms. Rapozo: Going back to the uniform allowance, this is actually what Unit 14 got on the last round, which are our Ocean Safety Officers. That is why this came with this round for these units. COUNCIL MEETING 29 NOVEMBER 6, 2019 Council Chair Kaneshiro: Okay, any other questions for the members? Again, this is just first reading. We will see it again in Committee and at the full Council. Okay, thank you. Ms. Rapozo: Thank you. Council Chair Kaneshiro: Is there anyone in the audience wishing to testify on this item? There being no one present to provide testimony, the meeting was called back to order, and proceeded as follows: Council Chair Kaneshiro: Seeing none. Any final discussion from the members? Councilmember Kagawa. Councilmember Kagawa: For me, a lot of these things we say, "It is in and you are getting it. We are just going to increase it and it is okay." From the union side, it is always, "Well, it is arbitrated, it is agreed upon, it was ratified and voted on, et cetera." For me, at some point, when is the legislative side going to have a say on what is in the package that is being voted on? Once it is voted on, it is accepted as it is done and complete. The package is done, and they have voted on it. It seems kind of late for us to say that we want to make changes. If we make any changes then they will come back and say, "We have to vote on it and what if we do not agree?" It is almost backwards, the approval process. The legislative side is blind. We do not know what the particular situation is. Regarding meals. Regarding washing your clothes. Comparing with other unions that do not have it in. All the unions in the end, they all stand together. There is this brotherhood where HGEA supports the firefighters, the Hawai`i State Teachers Association (HSTA) supports HGEA, et cetera. HSTA does not have this kind of benefits in their agreement. The HSTA does not even have overtime. You can work until...some teachers work until 6:00 p.m. or 7:00 p.m. preparing for the next day or closing up the current day. They do not get overtime. These other unions get overtime, they get fed, and they get their clothes washed. I am just thinking...you do not have to scratch your head. That is why HSTA is short two thousand five hundred (2,500) teachers. We have a lot of good students, our local students, not even going into teaching because the packages are so bad. WalletHub has us last in the nation. Dead last in the nation. You do not have to scratch your head and wonder why we do not have our youngsters going into the teaching profession. I am not saying that this package makes HGEA or this union way above. I am just saying in general, I wish the State Legislature would try and figure it out. There is a reason why we have unqualified teachers teaching our kids reading, writing, and mathematics. It is because the pay package for the HSTA is horrible. I am an advocate here. That is the way to fix the problem. Some of these others seem a little too generous. It has been in from before. The unions, they are all going to support each other with their brotherhood. With that attitude, nothing is going to get fixed. Thank you, Chair. COUNCIL MEETING 30 NOVEMBER 6, 2019 Council Chair Kaneshiro: Anyone else? Councilmember Cowden. Councilmember Cowden: I appreciate the information that is put in here where we see the step numbers and the dollars. Some of these are pretty low paying positions. I am looking at the highest paid position at one hundred forty one thousand dollars ($141,000) for the most experienced and most skilled employee. I recognize the value of being able to pay our people more, especially when we see how we are short engineers, accountants, lawyers, et cetera. We are really struggling to be able to populate our positions. I am recognizing what we are saying about our teachers as well, Vice Chair Kagawa. Something else I am looking at is what has been going on at our correctional center. Some of those people there are working twenty-four (24) hour shifts without even a nap. To me, that seems like something is really, really broken in that system. We have to figure out how our unions both help with the pay, but it should be that they should be able to demand something like a work schedule that is not that unbearable. It seems like an inhumane requirement. I am in agreement that we need to be learning more about how the unions work and how we can influence it. It does seem like it is a powerless situation. I will be voting yes on this, as we do want to be able to hold on to our people. We will be hearing from the United Public Workers (UPW) in the not too distant future, who are also very important. Council Chair Kaneshiro: Councilmember Kagawa. Councilmember Kagawa: Yes, I also want to point out...if you have better teachers and you have better instruction and more of them motivating the children, maybe you will get less of them going into prison. Councilmember Cowden: Yes. Councilmember Kagawa: For a lot of the prisoners, they made their choice. If they are miserable in there, then you feel bad. The Legislature has to help the kids. That is why I keep pleading for them to keep looking at the overall pay packages of teachers because they are still innocent and have a chance. Council Chair Kaneshiro: Anyone else? Councilmember Evslin. Councilmember Evslin: I support this package. I support Councilmember Kagawa's plea for higher pay for teachers and whatever we can do there. Council Chair Kaneshiro: Unfortunately, we do not control teachers' salaries. Anyone else? If not, roll call vote. The motion for passage of Proposed Draft Bill (No. 2763) on first reading, that it be ordered to print, that a public here thereon be scheduled for December 4, 2019, and referred to the Committee of the Whole was then put and carried by the following vote: COUNCIL MEETING 31 NOVEMBER 6, 2019 FOR PASSAGE: Chock, Cowden, Evslin, Kagawa Kuali`i, Kaneshiro TOTAL— 6, AGAINST PASSAGE: None TOTAL— 0, EXCUSED & NOT VOTING: Brun TOTAL— 1, RECUSED & NOT VOTING: None TOTAL— 0. Mr. Sato: Six (6) ayes, one (1) excused. At the top of page five (5) we are at Bills for Second Reading. BILLS FOR SECOND READING: Bill No. 2740, Draft 1 — A BILL FOR AN ORDINANCE AMENDING CHAPTER 8, KAUAI COUNTY CODE 1987, AS AMENDED, RELATING TO ADDITIONAL RENTAL UNITS: Councilmember Kuali`i moved to approve Bill No. 2740, Draft 1, on second and final reading, and that it be transmitted to the Mayor for his approval, seconded by Councilmember Evslin. Council Chair Kaneshiro: Any questions from the members on this Bill? We went through it in Committee already. Anyone wanting to testify on this item? There being no objections, the rules were suspended to take public testimony. There being no one present to provide testimony, the meeting was called back to order, and proceeded as follows: Council Chair Kaneshiro: Any final discussion from the members? Councilmember Cowden. Councilmember Cowden: I just want to say that we have discussed this rather robustly and I think we are all in agreement. These are important. When I do not have questions it is because it has been spoken about. Council Chair Kaneshiro: I think we went through all of them as one (1) whole package. They needed to be individualized based on where it went in the rules. I think we are in favor of pretty much all of them. Roll call vote. The motion to approve Bill No. 2740, Draft 1, on second and final reading, and that it be transmitted to the Mayor for his approval, was then put, and carried by the following vote: FOR APPROVAL: Chock, Cowden, Evslin, Kagawa Kuali`i, Kaneshiro TOTAL— 6, AGAINST APPROVAL: None TOTAL— 0, EXCUSED & NOT VOTING: Kuali`i TOTAL— 1, RECUSED & NOT VOTING: None TOTAL— 0. COUNCIL MEETING 32 NOVEMBER 6, 2019 Mr. Sato: Six (6) ayes, one (1) excused. Bill No. 2741 —A BILL FOR AN ORDINANCE AMENDING CHAPTER 11A, KAUAI COUNTY CODE 1987, AS AMENDED, RELATING TO ENVIRONMENTAL IMPACT ASSESSMENT ON LAND DEVELOPMENT: Councilmember Kuali`i moved to approve Bill No. 2741, on second and final reading, and that it be transmitted to the Mayor for his approval, seconded by Councilmember Kagawa. Council Chair Kaneshiro: Anyone in the audience wishing to testify on this item? There being no objections, the rules were suspended to take public testimony. There being no one present to provide testimony, the meeting was called back to order, and proceeded as follows: Council Chair Kaneshiro: Seeing none, any final discussion from the members? If not, roll call vote. The motion to approve Bill No. 2741, on second and final reading, and that it be transmitted to the Mayor for his approval, was then put, and carried by the following vote: FOR APPROVAL: Chock, Cowden, Evslin, Kagawa Kuali`i, Kaneshiro TOTAL— 6, AGAINST APPROVAL: None TOTAL— 0, EXCUSED & NOT VOTING: Kuali`i TOTAL — 1, RECUSED & NOT VOTING: None TOTAL — 0. Mr. Sato: Six (6) ayes, one (1) excused. Bill No. 2742 — A BILL FOR AN ORDINANCE AMENDING CHAPTER 6, ARTICLE 9, KAUAI COUNTY CODE 1987, AS AMENDED, RELATING TO THE HOUSING DEVELOPMENT FUND: Councilmember Kuali`i moved to approve Bill No. 2742, on second and final reading, and that it be transmitted to the Mayor for his approval, seconded by Councilmember Kagawa. Council Chair Kaneshiro: Anyone in the audience wishing to testify on this item? There being no objections, the rules were suspended to take public testimony. There being no one present to provide testimony, the meeting was called back to order, and proceeded as follows: COUNCIL MEETING 33 NOVEMBER 6, 2019 Council Chair Kaneshiro: Seeing none, any final discussion from the members? Roll call vote. The motion to approve Bill No. 2742, on second and final reading, and that it be transmitted to the Mayor for his approval, was then put, and carried by the following vote: FOR APPROVAL: Chock, Cowden, Evslin, Kagawa Kuali`i, Kaneshiro TOTAL — 6, AGAINST APPROVAL: None TOTAL— 0, EXCUSED & NOT VOTING: Kuali`i TOTAL — 1, RECUSED & NOT VOTING: None TOTAL— 0. Mr. Sato: Six (6) ayes, one (1) excused. Bill No. 2743, Draft 1 — A BILL FOR AN ORDINANCE AMENDING CHAPTER 25, KAUAI COUNTY CODE 1987, AS AMENDED, RELATING TO WASTEWATER TREATMENT CAPACITY ASSESSMENT: Councilmember Kuali`i moved to approve Bill No. 2743, Draft 1, on second and final reading, and that it be transmitted to the Mayor for his approval, seconded by Councilmember Chock. Council Chair Kaneshiro: Anyone in the audience wishing to testify on this item? There being no objections, the rules were suspended to take public testimony. There being no one present to provide testimony, the meeting was called back to order, and proceeded as follows: Council Chair Kaneshiro: Seeing none, any final discussion from the members? Councilmember Kagawa. Councilmember Kagawa: Thank you, Chair. I received a complaint about the whole package. They pointed toward the sewer...only helping those who are connected to the County's sewer system. I just want to clarify that I think a lot of these people already have a connection. The Additional Rental Units (ARUs) is going to connect...instead of having that big charge, they are going to connect for free. If you look at it, if they are local people, right, wherever they are living, and now they have a chance to live affordably in this new ARU, you are getting the same amount of volume going into the sewer system. Basically, you are not adding...all of these bills are not adding to new people moving in. It is more about helping the ones that are already flushing toilets, affordable, local people...hopefully they will have an opportunity to rent cheaper or build cheaper and still provide the same. I think regarding septic systems and cesspools, the Hawai`i State Association of Counties (HSAC) is pushing for in this next session, to help with...we are following COUNCIL MEETING 34 NOVEMBER 6, 2019 Maui's request, but of course, all of us want the State to provide tax credits or some means of helping and addressing this problems. We want to convert all of our cesspools to septic systems. Or if not, to expand our sewer system to have them in place. When that benefit comes, with tax credits or what have you, then you could say on the other side if you have a sewer connection, "Why are you only helping them?" It is not about helping particular people. Right now, I think the push came from Councilmembers Chock and Evslin, and the rest of this Council, wholeheartedly supporting some big changes to try and get more affordable housing out for local people. Sometimes you can look at it as fair or unfair, but I think when you are addressing a huge problem like affordable housing, sometimes you just have to take a holistic approach and do whatever you can. This is what we did. We are taking a homerun swing and we are hoping that we do make a difference in affordable housing. We all agree and the whole island agrees that affordable housing is a problem. This is taking a big swing and I wholeheartedly support this effort. Thank you. Council Chair Kaneshiro: Councilmember Cowden. Councilmember Cowden: I just have a clarification. I believe what I was understanding when you said "local people," it is not really an ethnic designation, it is regional residents that are right there already. So what we are doing is not adding more burden to the sewer line, we are creating more comfortable accommodation in these already highly densely resided neighborhoods. We are just giving them a different little structure, so it is not adding to the density. It is not an ethnic comment, it is regional. Regional residents. Council Chair Kaneshiro: Councilmember Evslin. Councilmember Evslin: I think that was well said, Councilmember Kagawa. Just to put it into context in my own situation. We bought an existing four-bedroom house with an illegal kitchen in it. We only put the offer in when the ARU bill passed. We knew we could make that kitchen legal. In doing so, there was no new sewer connections that we had to physically do, but we had to pay the three thousand nine hundred dollars ($3,900) sewer connection fee just to make that kitchen a legal unit. I think that is part of the reason why a lot of people have illegal units. It is cheaper to do it illegally and not get the permits for it. The County is not collecting property tax revenue as they should for that property. I think that is bringing an equity to the whole system. Again, as we have discussed, it ends up raising money for the County pretty quickly, because of increased property tax revenue from properly appraising these properties with rental units. Yes, I think we do need to figure out mechanisms to work with the State to try and incentivize or help for people to pay for conversions to septic or to expand our current sewer system to deal with exactly what you are saying. A lot of people cannot take advantage of building an ARU if they do not have the septic...or if they have a cesspool and they do not have thirty thousand dollars ($30,000) or twenty-five thousand dollars ($25,000). I do want to say that for those not on sewer who do have the septic COUNCIL MEETING 35 NOVEMBER 6, 2019 capacity to expand, this package of bills can still help, especially if it is new construction. If you are doing a newly constructed ARU, you are going to be subject to the fourteen thousand dollars ($14,000) Facilities Review Charge (FRC). This package can still incentivize those with the wastewater capacity to do something. Council Chair Kaneshiro: Anyone else? Councilmember Cowden. Councilmember Cowden: In alignment with what Councilmember Evslin has just said, this is something also that I have put to Housing. We know we have had a shift, so I hope that we get a chance to bring this up again as being able to apply some of this Housing Revolving Fund to potentially help with taking these houses that are maybe "illegally having ARUs" on them and helping them to become complaint. That might include a septic system. Where can we do that so that there are more Housing and Urban Development (HUD) available houses? If we put in fifty thousand dollars ($50,000) or seventy-five thousand dollars ($75,000) into creating something, it is a whole lot less of an investment that would be the case if we had to build a standing unit. When we have had this aggressive compliance law, I appreciate all the work that Councilmembers Chock and Evslin have done here to help bring people into compliance so that we will not be having an unintended consequence to laws that were meant to be working on transient vacation rentals (TVRs) or other dwellings that we know we do not want, as a use. I am really looking forward to working with the Housing Director to be able to work further on this particular idea of how we can use the Housing Revolving Fund to apply for that. We need to make it equitable across the areas. It is definitely a less expensive way. Certainly, if we had public moneys going into that, we would have more robust commitments on long-term affordability. Council Chair Kaneshiro: Anyone else? If not, roll call vote. The motion to approve Bill No. 2743, Draft 1, on second and final reading, and that it be transmitted to the Mayor for his approval, was then put, and carried by the following vote: FOR APPROVAL: Chock, Cowden, Evslin, Kagawa Kuali`i, Kaneshiro TOTAL— 6, AGAINST APPROVAL: None TOTAL— 0, EXCUSED & NOT VOTING: Kuali`i TOTAL— 1, RECUSED & NOT VOTING: None TOTAL— 0. Mr. Sato: Six (6) ayes, one (1) excused. Council Chair Kaneshiro: The motion passes. COUNCIL MEETING 36 NOVEMBER 6, 2019 Bill No. 2744, Draft 1 — A BILL FOR AN ORDINANCE AMENDING CHAPTER 12, KAUAI COUNTY CODE 1987, AS AMENDED, RELATING TO BUILDING PERMIT FEES: Councilmember Kuali`i moved to approve Bill No. 2744, Draft 1, on second and final reading, and that it be transmitted to the Mayor for his approval, seconded by Councilmember Chock. Council Chair Kaneshiro: Anyone in the audience wishing to testify on this item? There being no objections, the rules were suspended to take public testimony. There being no one present to provide testimony, the meeting was called back to order, and proceeded as follows: Council Chair Kaneshiro: Seeing none, any final discussion from the members? Councilmember Evslin. Councilmember Evslin: I know we have talked about this pretty in depth, but I just want to take a moment to thank everybody up here. This was a really collaborative effort. We have some really robust conversation and good amendments, which I think helped the bills positively. I think we all have the same...we are trying to do what we can to address the housing crisis. This is one (1) small component that will hopefully make a difference. I would to thank everyone from the Administration that we worked with. Councilmember Chock and I, in trying to develop these...which was Planning extensively, Housing extensively, Public Works extensively, to try and make something that everyone could get behind and support. It was definitely a hugely collaborative effort. It took basically eleven (11) months since we started until this moment. It was a long process. I also want to, because we did not talk about it today, just a super quick overview for anyone watching of what it does. Everyone on Kaua`i, if you live in a residentially zoned district, outside of Rice Street or West of the Hanalei River, you have the option to add an ARU onto your dwelling. Council passed that in 2018, the last term. It has to be under eight hundred (800) square feet. It cannot be a condominium property regime (CPR). All this is doing is saying that if you are going to commit to keep it affordable for five (5) years in compliance with the Long-Term Affordable Rental Program...the Housing Agency is going to develop rules, hopefully in the next six (6) months or so, to promulgate this. You will come in, they will certify you as affordable, and you get total fee waivers across-the-board. This include fee waivers on a fine. If you come in with an as-built unit, a kitchen that you are trying to legalize within your unit, you should be able to do that at no permitting fees. Those permitting fees can be between six thousand dollars ($6,000) and twenty thousand dollars ($20,000). It should be a big reduction across-the-board. Lastly, I just want to address the five (5) year affordability. I think this was kind of the biggest subject of contention amongst us in deliberation. How did we land on originally three (3) years? It changed to five (5) years with an amendment from Councilmember Cowden. And why is it not permanently affordable? One, it is because we are giving some money to private COUNCIL MEETING 37 NOVEMBER 6, 2019 landowners to add on a unit to their home. If you require that to be permanently affordable and the way it is written right now, if it falls out of affordability and they do not repay those fees, then the County could put a lien on that property. With the threat of that lien, I do not think anyone would do it. It would not be worth it for a landowner to enter into that kind of permanent agreement. There are problems if they sell or pass the property down and there are restrictions on its deed. The five (5) year program is I think enough to try and incentivize lots of people to come in. Then we have a constant circulation of affordable units, even after the affordability compliance runs out. People still have every incentive to stay in because you get a property tax break through the Long-Term Affordable Rental Program. They are still incentivized to stay in the program and they know the process and how the program works. Even if they are coming out of the program by getting much more rental units online, we should be putting downward pressure on the market cost of rent. Hopefully this still helps all around. Anyway, thank you again for the work on this and I am excited to see it pass. Council Chair Kaneshiro: Anyone else? Councilmember Chock. Councilmember Chock: Everything he said. I think what I want to say is, this is not the save all or answer to our housing crisis, at all. It does provide a step in the right direction for us to look at how it is we can increase some inventory for our families. I want to put the plug in...but I think the next steps that this Council needs to look at as we are looking at the gaps, are definitely in our infrastructure. Our water discussion is something that we need to put on the table. Of course, as Vice Chair mentioned, cesspools and its transition, while also increasing our sewer system. These are all areas that I think we can as a Council and as a County, increase capacity so that we cannot be solely responsible for increasing affordable housing, but to at least provide the opportunities for existing build-out from our own people. I appreciate all of the help and good work that Councilmember Evslin has put in, as well as the Administration and this Council, including all of the other agencies as well, to get this off the ground. Thank you. Council Chair Kaneshiro: Anyone else? If not, roll call vote. The motion to approve Bill No. 2744, Draft 1, on second and final reading, and that it be transmitted to the Mayor for his approval, was then put, and carried by the following vote: FOR APPROVAL: Chock, Cowden, Evslin, Kagawa Kuali`i, Kaneshiro TOTAL— 6, AGAINST APPROVAL: None TOTAL— 0, EXCUSED & NOT VOTING: Kuali`i TOTAL— 1, RECUSED & NOT VOTING: None TOTAL— 0. Mr. Sato: Six (6) ayes, one (1) excused. COUNCIL MEETING 38 NOVEMBER 6, 2019 Council Chair Kaneshiro: That concludes the business on our agenda. Not seeing or hearing no objections, this meeting is now adjourned. ADJOURNMENT. There being no further business, the Council Meeting adjourned at 10:14 a.m. Respectfully submitted, ,-VtWI. SCOTT K. ATO Deputy County Clerk :ks