Honolulu business owners will receive a property tax break following the rail’s relocation construction work.
New Bill to Provide Property Tax Relief to Honolulu Business Owners Affected by Rail Construction
A new bill is expected to provide property tax relief to several Honolulu business owners affected by the rail construction along Dillingham Blvd.
Officials aim to give the affected Honolulu business owners a 50% property tax break to make sure that they will be compensated and given relief for the negative impact of the rail construction on the businesses they have established for years.
Several Honolulu business owners claimed that the rail construction prevented the customers from moving from one place to another, leading to the decreasing number of business hours and the money they earn due to the lack of customers in the area.
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Honolulu Business Owners Hope for Better Outcome Following Rail Construction
Following the rail construction, hundreds of Honolulu business owners moved out from the location after several potential customers avoided the area due to the construction zone despite the claims of officials that they had provided directions to businesses’ locations.
Honolulu business owners hoped that the results would be better so they would have enough income to pay for their employees and would not consider moving elsewhere, KHON2 reported.
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