HomeMy WebLinkAboutBILL 2872 NOTICE OF PUBLICATION_NOTICE OF PUBLIC HEARING22 JUN 17 A8 :28
NOTICE OF PUBLICATION AND NOTICE OF PUBLIC HEARING
4; 1 r ; .. p,11Votice is hereby given that the Council of the County of Kaua`i will hold a
public hearing on Wednesday, July 20, 2022, at 8:30 a.m., or soon thereafter, at the
Council Chambers, 4396 Rice Street, Room 201, Historic County Building, Lihu`e,
on the following:
Bill No. 2872
A BILL FOR AN ORDINANCE AMENDING CHAPTER 5A, KAUAI
COUNTY CODE 1987, AS AMENDED, RELATING TO REAL PROPERTY
TAX (Tiered Residential Investor & Vacation Rental Tax Classifications)
The purpose of this Bill is to amend the "Residential Investor" and "Vacation
Rental" tax rate classifications to incentivize long-term rentals and to shift some of
the financial burden of funding government services to those more capable of
paying. It proposed to amend in part the definition of "Residential Investor" from
that which has an assessed value of one million three hundred thousand
dollars ($1,300,000) or more, to an assessed value of one million dollars ($1,000,000)
or more. Further, the Bill creates a tiered rate system for properties classified as
Residential Investor" or "Vacation Rental," which assigns taxes according to the
valuation of the property. The three (3) tiers are: Tier 1 — property valued at up to
one million dollars ($1,000,000); Tier 2 — property valued in excess of one million
dollars ($1,000,000) up to three million dollars ($3,000,000); and Tier 3 — property
valued in excess of three million dollars ($3,000,000). Based on the value of a
property, one or more tiered tax rates will apply.
All interested persons who wish to present their comments may do so at the
public hearing. Written testimony prior to the hearing would be appreciated.
Written testimony can be submitted to the Office of the County Clerk, Council
Services Division by mail, facsimile, or via E-mail to counciltestimony@kauai.gov.
Copies of this Bill are available at the Office of the County Clerk, Council Services
Division.
The Council Committee or Council may amend this Bill at their subsequent
meetings. Meeting notices are posted at least six (6) days in advance at the County
Clerk's Office and the public may also testify at any of these meetings.)
CERTIFICATE OF THE COUNTY CLERK
I hereby certify that the foregoing Bill No. 2872 was passed on first reading
and ordered to print by the Council of the County of Kaua`i at its meeting held on
June 15, 2022, by the following vote:
AYES: Carvalho, Chock, Cowden, Evslin, Kuali`i, Kaneshiro TOTAL— 6,
NOES: De Costa TOTAL— 1,
EXCUSED & NOT VOTING: None TOTAL— 0,
RECUSED & NOT VOTING: None TOTAL— 0.
Lihu`e, Hawai`i s/ Scott K. Sato
June 16, 2022 Deputy County Clerk, County of Kaua`i
NOTE: IF YOU NEED AN AUXILIARY AID/SERVICE, OTHER
ACCOMMODATION DUE TO A DISABILITY, OR AN INTERPRETER FOR
NON-ENGLISH SPEAKING PERSONS, PLEASE CONTACT THE OFFICE OF
THE COUNTY CLERK, COUNCIL SERVICES DIVISION AT (808) 241-4188 OR
COKCOUNCIL@KAUALGOV AS SOON AS POSSIBLE. REQUESTS MADE AS
EARLY AS POSSIBLE WILL ALLOW ADEQUATE TIME TO FULFILL YOUR
REQUEST.
UPON REQUEST, THIS NOTICE IS AVAILABLE IN ALTERNATE FORMATS
SUCH AS LARGE PRINT, BRAILLE, OR ELECTRONIC COPY.
One publication —The Garden Island —June 22, 2022)