KCC §26-7.7
Bond money goes into a special district fund
Read the official text at ecode360.com ↗This section says that money collected to pay off district bonds must be put into a special bond or reserve fund. That money can only be used to pay the bonds' principal, interest, premium, and related costs, as the bond ordinance requires.
counties
The ordinance, as written (Kauaʻi County) — Bond Fund
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.
All of the collections for payment of principal of and interest on bonds and incidental expenses shall be paid into a district bond or reserve fund and shall be used solely for the payment of the principal of and interest on or premium the outstanding bonds of the district and incidental expenses, all as provided in the bond ordinance.
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.