Definitions for County Property Leases and Sales

As used in this article, unless the context clearly requires otherwise: (1) “Lease” means the right to possess and use real property for a term of one year or more. (2) “Real property” includes lands and structures or fixtures permanently attached thereto, owned by the County of Hawai‘i. (3) “Remnant” means a parcel of land economically or physically unsuitable or undesirable for development or utilization as a separate unit by reason of location, size, shape, or other characteristics. A remnant may be: (A) Land acquired which is in excess of the needs for which acquired; (B) Vacated, closed, abandoned, or discontinued road, street or alley or walk, ditch, or other right-of-way. (4) “Nonprofit organization” means an organization organized for other than profit-making purposes and which is exempted from the Federal income tax by the Internal Revenue Service. (5) “Affordable housing developer” means an individual or business entity which develops low and moderate income housing as certified by the housing administrator.