Hawaii Revised Statutes
53. Urban Renewal Law
53-15 Financial assistance of agency and office of urban renewal coordinator; redevelopment fund.

§53-15 Financial assistance of agency and office of urban renewal coordinator; redevelopment fund. The redevelopment agency may borrow and apply for and accept advances, loans, grants, contributions, and any other form of financial assistance from the federal, state, or county governments or other public body, or from any sources, public or private, for purposes of this part, and may give such security as may be required and may enter into and carry out contracts in connection therewith. In the event that any contract for federal assistance or any federal law or regulations applicable thereto requires any action, practice, procedure, or remedy to be undertaken by the agency in any urban renewal project that is contrary to or conflicts with any state or local law, then the federal requirements or provisions shall govern and prevail over any provision of state or local law to the contrary. The foregoing provision shall be liberally applied and construed as to any case of conflicting federal and local requirements to the end that federal financial assistance for any urban renewal project shall not be hindered, impaired, or jeopardized. In fulfilling its duties the agency may expend funds legally loaned, appropriated, or granted to it by any agency of the government, funds received as gifts or contributions, and funds received from the sale or use of its properties. All moneys received by any agency shall be paid into the treasury of the county to be held in a redevelopment fund, hereby created, to the credit of the agency and shall be disbursed upon warrants of the director of finance, based upon vouchers signed by the chairperson or acting chairperson of the agency or any subordinate of the agency duly authorized by it to sign the vouchers.
The office of urban renewal coordinator shall submit in its budget estimates of amount required for administrative expenses and other costs of operation of the office of the urban renewal coordinator to be appropriated from the redevelopment fund; provided the amount to be appropriated for the purposes for any one year shall not exceed the sum of $200,000; and provided further that the estimates for the office of urban renewal coordinator shall have first been approved by the mayor and the council. [L 1949, c 379, pt of §4; am L 1951, c 244, pt of §3; RL 1955, §143-15; am L 1957, c 163, §2; am L 1959, c 226, §1; am L 1961, c 112, §2 and c 143, §1; HRS §53-15; gen ch 1993]
Cross References
Urban renewal coordinator, generally, see § §53-55 to 53-59.

Structure Hawaii Revised Statutes

Hawaii Revised Statutes

Title 6. County Organization and Administration

53. Urban Renewal Law

53-1 Definitions.

53-2 Redevelopment agency; creation.

53-3 Interest in project prohibited; disclosure of interest.

53-4 Removal of members.

53-5 Powers and duties of agency.

53-6 Initiation and approval of redevelopment plan.

53-7 Urban renewal projects in disaster areas.

53-8 Acquisition of lands in redevelopment project.

53-9 Work on acquired areas; competitive contracts.

53-10 Appraisal of lands of agency.

53-11 Government instrumentalities to cooperate with agency.

53-12 Sale and lease of acquired lands; preference.

53-13 New constructions by agency.

53-14 Agency exempt from real property taxes.

53-15 Financial assistance of agency and office of urban renewal coordinator; redevelopment fund.

53-16 Bonds of agency.

53-17 Bonds of agency to be legal investments.

53-18 Investment of funds.

53-19 Report.

53-20 Auxiliary redevelopment area.

53-21 Auxiliary redevelopment area; displaced persons.

53-22 Governmental advances, donations, and other appropriations.

53-23 Redevelopment corporations; how created.

53-24 Consent of agency to incorporation of redevelopment corporations.

53-25 Application of other corporation laws.

53-26 Powers of redevelopment corporations.

53-27 Limited return on investment.

53-28 Consideration for issuance of stocks and bonds.

53-29 Minimum amount of stock and debentures.

53-30 Income debentures.

53-31 Mortgages and mortgage bonds.

53-32 Limitations.

53-33 Advances by redevelopment corporation.

53-34 Regulation of redevelopment corporations.

53-35 Transfer of title or foreclosure of project.

53-36 Dissolution.

53-37 Participation by certain corporations.

53-38 Tax exemption.

53-39 No limitation of provisions by implication.

53-51 Urban renewal projects.

53-52 Urban renewal plan.

53-53 Powers with respect to urban renewal.

53-54 Assistance to urban renewal by counties and other public bodies.

53-55 Urban redevelopment coordinator, office created.

53-56 Workable program, definition.

53-57 Coordinator, appointment, term, removal.

53-58 Coordinator, qualifications.

53-59 Coordinator, duties and powers.

53-60 Ordinance relating to repair, closing, and demolition of dwellings unfit for human habitation.

53-61 REPEALED.

53-81 County may exercise urban renewal powers directly.

53-82 Abolition of existing agency.

53-83 Powers of county.

53-84 Incurring of indebtedness by the county.

53-85 Projects to constitute "undertakings"; revenues to include certain federal moneys; imposition of rates and charges.