OUR MISSION
Serving the Business Lessees of Hawaii
• Citizens for Fair Valuation is a coalition of businesses that lease industrial and commercial properties under long-term ground leases in Mapunapuna, Kalihi Kai and Sand Island.
• We have come together to protect the interests of our businesses, customers, and employees by ensuring that long-term lease rents are fair and reasonable.
• Many businesses in the Mapunapuna area are concerned that their lease rents will double or triple, forcing them to move, raise prices to customers, or go out of business.
• Our goal is to bring lessees together before they begin renegotiations so we can share information and resources to help them achieve fair and reasonable lease rents based on sound economic principles and to help them stay in business.
• Our mission is to provide support for our members and to advocate for policies that will ensure that long term lease rents are being determined fairly, and to otherwise protect the interests of industrial and commercial ground lessees, as well as affected consumers and workers, for the benefit of the community in general.
WHAT WE DO
This corporation shall be a Hawaii nonprofit corporation within the meaning of Chapter 414D of the Hawaii Revised Statutes consisting of lessees or lessee groups under long-term industrial or commercial leases in the State of Hawaii. The corporation is organized exclusively for the following purposes:
(a) To examine, develop and promote fair valuation of real property in the determination of fair rental value under long-term industrial and commercial leases in the State of Hawaii and to educate lessees and lessors under said long-term leases and the general public about the economic, social and community benefits of using fair valuation in the determination of fair rental value at the time of lease rent re-openings under long-term industrial and commercial leases in the State of Hawaii;
(b) To operate exclusively as a business league or trade association within the meaning of Section 501(c)(6) of the Internal Revenue Code of 1986, or corresponding provisions of any subsequent federal tax laws (the "Internal Revenue Code").
• We have come together to protect the interests of our businesses, customers, and employees by ensuring that long-term lease rents are fair and reasonable.
• Many businesses in the Mapunapuna area are concerned that their lease rents will double or triple, forcing them to move, raise prices to customers, or go out of business.
• Our goal is to bring lessees together before they begin renegotiations so we can share information and resources to help them achieve fair and reasonable lease rents based on sound economic principles and to help them stay in business.
• Our mission is to provide support for our members and to advocate for policies that will ensure that long term lease rents are being determined fairly, and to otherwise protect the interests of industrial and commercial ground lessees, as well as affected consumers and workers, for the benefit of the community in general.
WHAT WE DO
This corporation shall be a Hawaii nonprofit corporation within the meaning of Chapter 414D of the Hawaii Revised Statutes consisting of lessees or lessee groups under long-term industrial or commercial leases in the State of Hawaii. The corporation is organized exclusively for the following purposes:
(a) To examine, develop and promote fair valuation of real property in the determination of fair rental value under long-term industrial and commercial leases in the State of Hawaii and to educate lessees and lessors under said long-term leases and the general public about the economic, social and community benefits of using fair valuation in the determination of fair rental value at the time of lease rent re-openings under long-term industrial and commercial leases in the State of Hawaii;
(b) To operate exclusively as a business league or trade association within the meaning of Section 501(c)(6) of the Internal Revenue Code of 1986, or corresponding provisions of any subsequent federal tax laws (the "Internal Revenue Code").