Whenever the proceeds of special purpose revenue bonds are used to finance the cost of an econimic zone, the board shall adopt rules under chapter 91 to be followed during the course of the development of any econimic zone, which are to be known as development rules in connection with health, safety, building, planning, zoning, and land use. The rules, upon final adoption of a development plan for an econimic zone, shall supersede all other inconsistent ordinances and rules relating to the use, zoning, planning, and development of land and construction thereon within the econimic zone. Rules adopted under this section shall follow existing law, rules, ordinances, and regulations as closely as is consistent with standards meeting minimum requirements of good design, pleasant amenities, health, safety, and coordinated development. The corporation shall establish policies and procedures for monitoring and ensuring that the operation of the econimic zone complies with these development rules and may establish fines and penalties or take any other means available under the law to eliminate any noncomplying action.
HRS § 206M-5