ยง109-3 - Stadium special fund.
ยง109-3ย Stadium special fund.ย There iscreated a special fund to be known as the stadium special fund into which fundscollected by the authority shall be deposited; provided that all funds receivedpursuant to this section shall be kept completely separate from the Kapoleirecreational sports complex special fund.ย Moneys may not be transferredbetween the stadium special fund and the Kapolei recreational sports complexspecial fund.ย The stadium special fund shall be applied, used, and disposed offor the payment of:
(1)ย The expenses of the operation, maintenance,promotion, and management of; and
(2)ย All or a portion of the cost of financing anycapital improvement project for;
the stadium and related facilities; provided thatall services required for the stadium and related facilities shall be performedby persons hired on contract or otherwise, without regard for chapter 76;provided further that the authority shall report to the legislature allreceipts and expenditures of the stadium special fund account twenty days priorto the convening of each regular session. [L 1970, c 172, ยง3; am L 1971, c 125,pt of ยง1 and c 173, ยง4; am L 1975, c 172, ยง2; am L 1993, c 280, ยง7; am L 1995,c 149, ยง2; am L 1999, c 160, ยง9; am L 2000, c 253, ยง150]