For the purpose of aiding and cooperating in the planning, construction, and operation of development projects located within their respective territorial boundaries, the political subdivisions of the State or other departments and agencies of the State may, upon such terms, with or without consideration, as it may determine:
In connection with the exercise of this power, any political subdivision may incur the entire expense of any public improvements located within its territorial boundaries without assessment against abutting property owners.
For the purpose of aiding and cooperating in the planning, construction, and operation of development projects, the board, in its powers of management of the public lands, may use public lands for the purposes of this chapter, and the Hawaiian homes commission and any other officers of the State having power to manage or dispose of its public lands, may, with the approval of the governor and with or without consideration, grant, sell, convey, or lease for any period, any parts of such public lands (without limit as to area) to the board for the purposes of this chapter or to the United States or any agency thereof.
Any law or statute to the contrary notwithstanding, any gift, grant, sale, conveyance, lease, or agreement provided for in this section may be made by any other department or agency of the State or political subdivisions of the State, without appraisal, public notice, advertisement, or public bidding.
If at any time title to, or possession of, any development project is held by any public body or governmental agency authorized by law to engage in development projects or administration of development projects, including any agency or instrumentality of the United States, the provisions of any agreement made under this chapter relating to such project shall inure to the benefit of, and may be enforced by, such public body or governmental agency.
Insofar as the provisions of this section are inconsistent with the provisions of any other law, the provisions of this section shall be controlling.
HRS § 206-37