§206-38 Governmental advances and donations. [(a)] The board of land and natural resources shall submit to the legislature at each regular session estimates of the amount of the administrative expenses and overhead of the board for the succeeding annual period for the purpose of this chapter so that the legislature may make an appropriation therefor if it deems the action advisable.
[(b)] Any political subdivision within the territorial boundaries of which a development project or projects are located or about to be located, may, from time to time, make donations or advances to the board of such sums as the political subdivision in its discretion may determine; the advances or donations shall be made for the purpose of aiding or cooperating in the construction and operation of the development project or projects. The board, when it has money available therefor, shall reimburse political subdivisions for all advances made by way of a loan to it. [L 1961, c 6, §36; Supp, §98J-36; HRS §206-38]
Structure Hawaii Revised Statutes
Title 13. Planning and Economic Development
206-2 Administration of chapter.
206-3 Interested members, officers or employees.
206-5 Declaration of development areas.
206-6 Acquisition of land within a development area.
206-7 Property that shall not be acquired for development projects.
206-8 Development of lands acquired.
206-10 Restrictions on sale and use of residential lots by purchaser.
206-11 Breach, mortgaging, effect of breach, etc.
206-12 Requirement to develop.
206-13 Power to lease, pledge, or mortgage.
206-14 Cooperative agreements with other government agencies.
206-15 Hearings, witnesses, etc.
206-16 Investment of reserves.
206-18 Security for funds deposited by board.
206-20 Contracts with federal government.
206-22 Performance bond, procedure.
206-23 Exemption from taxation and assessments.
206-24 Exemption of property from execution sale.
206-26 Disclosure by private developer; public records.
206-28 State and political subdivisions not liable on bonds.
206-29 Form and sale of bonds.
206-31 Remedies of an obligee; mandamus, injunction, possessory action, receiver, accounting, etc.
206-32 Subordination of mortgage to agreement with government.
206-33 Development project bonds as legal investments.
206-34 Policy as to sale prices and rentals.
206-35 Agreement to secure federal contributions; default.
206-36 Payments to public bodies.
206-37 Conveyance, lease, or agreement in aid of development projects, purchase of bonds.
206-38 Governmental advances and donations.
206-39 Action of political subdivision by resolution.
206-41 Source of operating funds; disposition of unencumbered funds.