§206J-11  Lease of projects.  The
development corporation may lease without public auction, for a term not
exceeding sixty-five years, all or any portion of the real, personal, or mixed
property constituting a project under its jurisdiction as provided herein to
any qualified person, upon such terms and conditions as may be approved by the
board, if the board finds that the lease conforms with the development plan for
the Aloha Tower complex.  Notwithstanding any other provision to the contrary,
the development corporation shall establish requirements and conditions
relating to the terms of lease and the qualifications of any person to apply
for such lease. [L 1981, c 236, pt of §1; am L 1986, c 146, §8; am L 1990, c
86, §15]