§49-1 Definitions. Whenever used in this chapter, unless a different meaning clearly appears from the context:

"Board" [Repeal and reenactment on June 30, 2004. L 2002, c 207, §3.] means any department, corporation, or board of a county authorized to issue revenue bonds under this chapter.

"County" [Repeal and reenactment on June 30, 2004. L 2002, c 207, §3.] means:

(1) The city and county of Honolulu and the counties of Hawaii, Kauai, and Maui;

(2) The board of water supply of the city and county of Honolulu and the boards of water supply of the counties of Hawaii, Kauai, and Maui; or

(3) For a county with a current resident population under one hundred thousand:

(A) Any corporation established by a county ordinance, resolution, or charter as a public body corporate and politic and instrumentality and agency of the county for the purpose of owning or operating facilities for the furnishing of electricity; or

(B) Any board of a county that owns or operates facilities for the furnishing of electricity;

provided that the corporation or board direct all of its revenues toward the furnishing of electrical services, and not toward the general fund of the county, unless the transfer of revenues constitutes a payment in lieu of taxes.

"Director of finance" means the director of finance of the various counties.

"Governing body" means council of each county, or any other body exercising the legislative powers of the county.

"Loan program" means the activities and policies undertaken by any county to provide assistance to members of the general public who are residents of the county by making loans or causing loans to be made available to them for such purposes as may be authorized by law.

"Revenue" means the moneys collected, including any moneys collected from the county or any department thereof, from the rates, rentals, fees and charges prescribed for the use and services of, and the facilities and commodities furnished by, an undertaking or the use and services and benefits of a loan program.

"Revenue bonds" means all bonds payable solely from and secured by the revenue, or user taxes, or any combination of both, of an undertaking or loan program or any loan made thereunder for which such bonds are issued and as otherwise provided in this chapter.

"Undertaking" means any public works and properties, improvement or system owned or operated by the county, and from which the county may derive revenue, or with respect to which the county may derive user taxes, including, but not limited to one or a combination of two or more of the following: water, sewerage, gas or electric, heat, light or power works, solid waste processing and disposal, public off-street parking facilities, plants, and systems, together with all parts thereof and appurtenances thereto.

"User taxes" means taxes on goods or services or on the consumption thereof, the receipts of which are substantially derived from the consumption, use or sale of goods and services in the utilization of the functions or services furnished by the undertaking. [L 1989, c 80, pt of §3; am L 2002, c 207, §1]

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