Expenditures from the leisure services incentive fund shall be made subject to the following.
(1) A project to be funded under this article must be sponsored by a recognized nonprofit civic, neighborhood, or community group, or by identified individuals. Determination of qualifying organizations will be made by the director pursuant to rules adopted under this section, and will involve consideration of the financial ability of the applicant to participate. Nothing in this section shall prevent a sponsor from seeking or accepting contributions from other private sources to constitute all or part of the community’s matching contribution.
(2) Incentive fund projects shall benefit the entire community as a whole and be available for use by all citizens.
(3) An incentive fund project under this article must:
(A) Be located on publicly owned property;
(B) Result in a new parks and recreation facility or improve an existing facility;
(C) Be open to the public on a nondiscriminatory basis upon completion, subject to such reasonable restrictions for protection of the property as may be agreed upon by the sponsor and the city and stipulated in the application agreement;
(D) Have a minimum life expectancy of five years; and
(E) Involve a total financial cost of over $100.
(4) The leisure services incentive fund will provide up to 50 percent of the total estimated project cost, up to the total amount approved. The matching contribution shall be in cash, materials, or equipment. The director may agree to accept in-kind labor or services as part or all of the matching contribution.
(5) All purchases made in whole or in part with leisure services incentive fund moneys must be agreed to by the department of parks and recreation, and all property so purchased shall become the property of the City and County of Honolulu.
(Sec. 5-46.4, R.O. 1978 (1987 Supp. to 1983 Ed.)) (1990 Code, Ch. 6, Art. 38, § 6-38.4)