§53-82 Abolition of existing agency. In the event of the abolition of an agency in the county, the county upon such abolition shall succeed to all the powers, rights, duties, functions, funds, properties and obligations of the agency. However, as to any obligations of the agency existing at the time of the abolition, the county shall not incur any greater liability than that of the agency at the time of such abolition. The county shall not be liable for such obligations out of any funds or properties of the county other than those funds and properties which would have been required to be applied to the satisfaction of such obligations had such abolition not occurred.
If any of the obligations of the agency constitute bonds or other indebtedness of the agency, the county shall carry out and perform all promises, covenants, contracts and agreements of the agency contained in such bonds or other indebtedness or in the resolution, trust agreement, mortgage or other proceeding or instrument providing for the issuance, payment and security of such bonds or other indebtedness, and shall maintain such funds and accounts as are required for such purpose or as are required by such bonds, other indebtedness, resolution, trust agreement, mortgage, proceeding or instrument. The provisions of the last paragraph of section 53-85 shall be applicable to such bonds or other indebtedness. [L 1974, c 123, pt of §2]
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.