Expenditures from the transit construction mitigation fund shall only be used to mitigate negative economic impacts on businesses from the construction of the Honolulu High Capacity Transit project and such expenditures may include but not be limited to:
(1) Reestablishment payments (grants): Available to businesses that were forced to physically relocate due to rail construction;
(2) Business interruption payments (grants): To compensate businesses located along the corridor for loss of business income due to construction impacts; and
(3) Working capital advances (loans): For covering legitimate business operating expenses required to continue operation during the construction phase.
(1990 Code, Ch. 6, Art. 55, § 6-55.4) (Added by Ord. 15-37)