KCC §24-4.6

Paying assessments with improvement district bonds

Read the official text at ecode360.com ↗

The county finance director can let you pay your improvement district assessment with that district's bonds instead of cash. The bonds are valued at their full face value plus interest earned up to the day they are accepted. Once accepted, the bonds are sent to be canceled.

landowners

The ordinance, as written (Kauaʻi County) — Payment in Bonds

A copy, taken August 22, 2026. The version published by Kauaʻi County is the one that governs, and it may have changed since. Check it before relying on anything here.

The Director of Finance may accept in lieu of cash in payment of any assessment, installment thereof, interest, penalty, cost, expense or any portion thereof, bonds of the improvement district in which the land is situated, such bonds to be valued to an amount equal to one hundred percent (100%) of the principal amount of such bonds, plus accrued interest on such bonds to the date of acceptance of such bonds by the Director of Finance. Upon the receipt of such bonds, the Director of Finance shall forward the same to the registrar for such bonds for cancellation.

Read the official text at ecode360.com ↗as published Jan 1, 2026our copy taken Aug 22, 2026

The County of Kauaʻi publishes this code through eCode360 and states that it is provided for information only and should not be considered the official version of the Code.

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