§53-33 Advances by redevelopment corporation. A redevelopment agency may enter into a contract with a redevelopment corporation at any time after approval of a redevelopment plan whereby the corporation will pay or agree to pay an agreed sum or sums, or such sums as may be necessary, to be expended by the agency in the acquisition or clearing, or both, of real property for a redevelopment project, under such terms as are satisfactory to the agency; provided that no contract may obligate the agency to refund any portion of the sums so paid except such portion as may remain unexpended after the acquisition or clearing, or both. The contract may include an agreement to sell or lease property subject to sale or lease covered by the redevelopment project to the redevelopment corporation after acquisition and clearing of the land in the project. [L 1949, c 379, §16; am L 1951, c 244, §7; RL 1955, §143-32; am L 1959, c 44, §4; HRS §53-33]
Structure Hawaii Revised Statutes
Title 6. County Organization and Administration
53-2 Redevelopment agency; creation.
53-3 Interest in project prohibited; disclosure of interest.
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.
53-17 Bonds of agency to be legal investments.
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.
53-31 Mortgages and mortgage bonds.
53-33 Advances by redevelopment corporation.
53-34 Regulation of redevelopment corporations.
53-35 Transfer of title or foreclosure of project.
53-37 Participation by certain corporations.
53-39 No limitation of provisions by implication.
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.
53-81 County may exercise urban renewal powers directly.
53-82 Abolition of existing agency.