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(7) Conserving land for the purpose of reducing erosion, floods, <br />landslides, and runoff; and <br />(8) Improving disabled and public access to, and enjoyment of, public <br />land, open space, and recreational facilities. <br />(c) Moneys in the public access, open space, and natural resources <br />maintenance fund shall be utilized to maintain and improve land or <br />property entitlements for land conservation purposes in Hawai`i County <br />acquired pursuant to this section. <br />(d) The moneys in each fund may also be used for the payment of principal, <br />interest, and premium, if any, due with respect to bonds issued for the <br />purpose of this fund and for the payment of costs associated with the <br />purchase, redemption or refunding of such bonds. <br />(e) Any balance remaining in these funds at the end of the fiscal year shall not <br />lapse, but shall remain in the funds, accumulating from year to year. <br />(f) The council shall by ordinance establish procedures for the administration <br />and expenditure of the revenues in this fund. <br />-12- <br />