ยง206J-2ย  Definitions.ย  As used in this
chapter, unless the context clearly requires otherwise:



"Board" means the board of directors
of the development corporation established in section 206J-4, and any successor
thereto.



"Bonds" means revenue bonds, special
facilities revenue bonds, notes, or other instruments of indebtedness of the
development corporation issued under this chapter and shall include refunding
bonds.



"Development corporation" means the
Aloha Tower development corporation established by section 206J-4.



"Maritime" means the administration
of chapter 266 by the department of transportation.



"Project" means an undertaking of
work or improvement of public or private real or personal property or any
interest therein, developed, acquired, constructed, reconstructed,
rehabilitated, improved, altered, or repaired by the development corporation,
by itself or in conjunction with qualified persons, and including public
facilities and, any law to the contrary notwithstanding, facilities for and functionally
related and subordinate to maritime purposes.



"Project cost" means the total cost
in carrying out all undertakings that the development corporation deems
reasonable and necessary for the development of a project, including but not
limited to the cost of studies, surveys, plans, and specifications,
architectural, design, engineering, or any other special related services; the
cost of site preparation and development, demolition, construction,
reconstruction, rehabilitation, and improvement; the cost of financing such
project, including interest on bonds issued to finance such project from the
date thereof to the estimated date of completion of such project as determined
by the board; the cost of an allocable portion of the administrative and operating
expenses of the development corporation related to the development of such
project; and the cost of any indemnity and surety bonds, premiums on policies
of insurance, legal fees, and fees and expenses of trustees, depositories, and
paying agents for the bonds; all as the development corporation shall deem
necessary.



"Public agency" means any office,
department, board, commission, bureau, division, public corporation, agency, or
instrumentality of the federal, state, or county government.



"Public facilities" means streets,
utility and service corridors, and utility lines where applicable, sufficient
to adequately service developable improvements in the area, parking garages,
sidewalks, pedestrian ways, parks, and other community facilities.



"Qualified person" means any
individual, partnership, corporation, or any public agency, possessing the
competence, expertise, experience, and resources, including financial,
personnel, and tangible resources, required for the purposes of the project and
such other qualifications as may be deemed desirable by the development
corporation in administering this chapter.



"Real property" means lands,
structures, and interests therein and natural resources including water,
minerals, and all such things connected with land, including lands under water
and riparian rights, space rights, and air rights and any and all other things
and rights usually included within the term.ย  Real property also means any and
all interests in such property less than fee title, such as leasehold interests,
easements, incorporeal hereditaments, and every estate, interest, or right,
legal or equitable, including terms for years and liens thereon by way of
judgments, mortgages, or otherwise. [L 1981, c 236, pt of ยง1; am L 1982, c 250,
ยง1; am L 1986, c 146, ยง2; am L 1988, c 356, ยง2; am L 2008, c 200, ยง3]