§53-85 Projects to constitute "undertakings"; revenues to include certain federal moneys; imposition of rates and charges. In the event of the exercise by a county of the powers granted in this part, each redevelopment project of the county, two or more redevelopment projects of the county if administered as a single project, or all of the redevelopment projects of the county if administered as an entity, shall constitute an undertaking of the county. For all purposes of this part and of chapters 47 and 47C, the term "revenues" shall mean the moneys derived from the rates and charges imposed for the use and services of the undertaking or otherwise derived by the county from its ownership or operation of the undertaking, exclusive of taxes and payments made to the county for services separate and apart from this chapter but inclusive of amounts paid by the federal government for payment, or reimbursement of payment by the county, of costs of operation, maintenance and repair of an undertaking, for payment, or reimbursement of payment by the county, of principal of or interest on bonds issued for an undertaking, or for any other purpose connected with an undertaking.
Whenever and for so long as there shall be outstanding bonds issued by the county under section 53-16 as incorporated in this part or issued under said section by an agency of the county abolished as provided in this part, the county shall impose rates and charges for the use and services of the undertaking, from the revenues derived from which such bonds are payable or for which such bonds were issued, sufficient to pay the costs of operation, maintenance and repair of the undertaking and to pay the principal of and interest on such bonds. The county shall deposit such revenues in a special fund and apply the same to such payments in the amount necessary therefor. [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.