ยง47C-1 - Definitions.
ยง47C-1ย Definitions.ย As used in
sections 47C-1 through 47C-6, the following words and terms shall have the
following meanings or inclusions:
"Chairperson of the finance
committee" shall mean the chairperson of the finance committee of the
council of the county, or if the council of the county does not have a finance
committee, the member of the council appointed by the council to perform the
functions required by this chapter to be performed by the chairperson of the
finance committee of the council.
"Corporation counsel" shall mean the
chief legal advisor or legal representative of the county.
"County" shall include each county of
the State, including the city and county of Honolulu.
"Director of finance" shall mean the
director of finance of the county, or if the county does not have a director of
finance, the officer of the county in whom is vested the functions and powers
of maintaining the treasury of the county and issuing and selling, paying
interest on, and redeeming bonds of the county.
"Fiscal year" shall mean the fiscal
year of the county as defined in section 46-41.
"Special assessment bonds" shall mean
bonds issued under special improvement statutes when the only security for such
bonds is the assessments or special taxes levied and assessed under those
statutes or properties subject to the assessments or special taxes.
As used in sections 47C-1 through 47C-6, the
words or terms "bonds", "general obligation bonds",
"net revenue", "net user tax receipts", "reimbursable
general obligation bonds", "revenue bonds", "special
purpose revenue bonds", and "user tax" shall have the respective
meanings and inclusions given to such words and terms in section 12 of Article
VII of the Constitution. [L 1970, c 202, pt of ยง1; am L 1979, c 43, pt of ยง4;
am L 1992, c 226, ยง4; gen ch 1993]