HCC §33-30

County can issue new bonds to pay off old tax increment bonds

Read the official text at hawaiicounty.gov ↗

This section lets the County issue new tax increment refunding bonds to pay off or replace older tax increment bonds. The new bonds can only be paid back using money from the tax increment fund, which is the same fund that pays the original bonds.

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The ordinance, as written (Hawaiʻi County) — Refunding authorized

A copy, taken August 21, 2026. The version published by Hawaiʻi County is the one that governs, and it may have changed since. Check it before relying on anything here.

The County may issue tax increment refunding bonds for the purpose of paying or retiring or in exchange for tax increment bonds previously issued by the County. Both principal and interest on tax increment refunding bonds shall be made payable solely from the tax increment fund. (1994, ord 94-76, sec 3.)33-30

Read the official text at hawaiicounty.gov ↗as published Jul 16, 2026our copy taken Aug 21, 2026

Published by the County of Hawaiʻi Office of the County Clerk.

LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.