KCC §24-5.3

How and where improvement district bond payments are made

Read the official text at ecode360.com ↗

This section explains how the county pays back improvement district bonds. The Council decides where payments are made, and interest can be sent by check or draft. If payments are made outside the county, the Finance Director must send the money to that place, after checking the institution is solvent.

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The ordinance, as written (Kauaʻi County) — Payment of Principal, Premium and Interest on Improvement District 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 principal of and premium, if any, and interest on the improvement district bonds shall be payable at such place or places as may be determined by resolution of the Council, and, in the case of interest, may be payable by check or draft mailed by the paying agent or paying agents for the bonds to the registered owners thereof. In all cases the improvement district bonds and coupons, if any, shall recite the places of payment. In case any improvement district bonds are made payable elsewhere than in the County, the Director of Finance shall remit the funds necessary to pay the interest and principal and premium thereon when due of any such improvement district bonds, with exchange, to the institution so designated, first assuring him or herself that such institution is then solvent.

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.