[§206E-195] 
Kalaeloa community development revolving fund.  (a)  There is established in the state treasury
the Kalaeloa community development revolving fund, into which shall be
deposited:



(1)  All revenues,
income, and receipts of the authority for the Kalaeloa community development
district, notwithstanding any other law to the contrary, including section
206E-16;



(2)  Moneys
directed, allocated, or disbursed to the Kalaeloa community development
district from government agencies or private individuals or organizations,
including grants, gifts, awards, donations, and assessments of landowners for
costs to administer and operate the Kalaeloa community development district;
and



(3)  Moneys appropriated to the fund by the
legislature.



(b)  Moneys
in the Kalaeloa community development revolving fund shall be used for the
purposes of this part.



(c) 
Investment earnings credited to the assets of the fund shall become part of the
assets of the fund. [L 2002, c 184, pt of §2]