§206J-2  Definitions.  As used in thischapter, unless the context clearly requires otherwise:

"Board" means the board of directorsof the development corporation established in section 206J-4, and any successorthereto.

"Bonds" means revenue bonds, specialfacilities revenue bonds, notes, or other instruments of indebtedness of thedevelopment corporation issued under this chapter and shall include refundingbonds.

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

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

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

"Project cost" means the total costin carrying out all undertakings that the development corporation deemsreasonable and necessary for the development of a project, including but notlimited to the cost of studies, surveys, plans, and specifications,architectural, design, engineering, or any other special related services; thecost of site preparation and development, demolition, construction,reconstruction, rehabilitation, and improvement; the cost of financing suchproject, including interest on bonds issued to finance such project from thedate thereof to the estimated date of completion of such project as determinedby the board; the cost of an allocable portion of the administrative and operatingexpenses of the development corporation related to the development of suchproject; and the cost of any indemnity and surety bonds, premiums on policiesof insurance, legal fees, and fees and expenses of trustees, depositories, andpaying agents for the bonds; all as the development corporation shall deemnecessary.

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

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

"Qualified person" means anyindividual, partnership, corporation, or any public agency, possessing thecompetence, expertise, experience, and resources, including financial,personnel, and tangible resources, required for the purposes of the project andsuch other qualifications as may be deemed desirable by the developmentcorporation 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 waterand riparian rights, space rights, and air rights and any and all other thingsand rights usually included within the term.  Real property also means any andall 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 ofjudgments, mortgages, or otherwise. [L 1981, c 236, pt of §1; am L 1982, c 250,§1; am L 1986, c 146, §2; am L 1988, c 356, §2; am L 2008, c 200, §3]