Development of property; additional powers

HRS §356D-12 — under Chapter 356D.

HRS §356D-12

§356D-12 Development of property; additional powers. Notwithstanding any other law to the contrary, whenever the bids submitted for the development or rehabilitation of any housing project authorized pursuant to this chapter exceed the amount of funds available for that project, the authority, with the approval of the governor, may disregard the bids and enter into an agreement to carry out the project, undertake the project, or participate in the project under the agreement; provided that: