Hawaii Administrative Rules › Title 6 - DEPARTMENT OF BUDGET AND FINANCE › Division - FINANCIAL ADMINISTRATION DIVISION › Chapter 4 - SPECIAL PURPOSE REVENUE BONDS FOR HEALTH CARE FACILITIES › Subchapter 1 - GENERAL PROVISIONS › Section 6-4-2 - Definitions

Current through June, 2024
For the purpose of this chapter:
"Bonds" means the special purpose revenue bonds or special
					 purpose revenue bond anticipation notes issued pursuant to part II, chapter
					 39A, HRS;
"Chapter" means this chapter 4 of title 6, Administrative
					 Rules;
"Department" means the department of budget and finance,
					 State of Hawaii;
"Loan" means the loan of the proceeds of bonds to a project
					 party for the purposes authorized by part II, chapter 39A, HRS;
"Loan application and review procedures" means the set of
					 instructions, forms, guidelines, terms, and conditions governing the
					 application to the department for assistance under part II, chapter 39A, HRS,
					 and the granting of the assistance by the department;
"Project" means any health care facility eligible under
					 part II, chapter 39A, HRS, to be financed or refinanced with the proceeds of a
					 loan and includes any structure or building suitable for use as a hospital,
					 clinic, nursing home, home for the aged or infirm, or other health care
					 facility, laboratory, laundry, nurses' or interns' residences, administration
					 building, research facility, maintenance, storage, or utility facility,
					 auditorium, dining hall; food service and preparation facility; mental or
					 physical health care facility; dental care facility; nursing school; medical or
					 dental school or teaching facility; mental or physical health facilities
					 related to any such structure or facility; or any other structure or facility
					 required or useful for the operation of a health care facility, including, but
					 not limited to, offices, parking lots and garages, and other supporting service
					 structures and all necessary, useful, and related equipment, furnishings, and
					 appurtenances and including the acquisition, preparation, and development of
					 all real and personal property necessary or convenient as a site or sites for
					 any such structure or facility, but does not include any property used or to be
					 used primarily for sectarian instruction or study or as a place for devotional
					 activities or religious worship or any property used or to be used primarily in
					 connection with any part of a program of a school or department of divinity of
					 any religious denomination;
"Project agreement" means the agreement between the project
					 party and the department pursuant to which the department agrees to make a loan
					 and the project party agrees to repay such loan in the amount equal to the
					 amount set forth in section
					 39A-35, HRS,
					 which agreement may be in the form of a lease agreement, a loan agreement or an
					 installment sale agreement;
"Project party" means a not-for-profit corporation that
					 provides health care facilities to the general public and which has applied for
					 a loan pursuant to part II, chapter 39A, HRS;
"State" means the State of Hawaii.