Issue Date: 1997-11-19
Revised Date:

Legal Cites

Origin:

1998

Purpose

If, as a result of damage, destruction or condemnation, the Commission desires to restore any portion of any project with proceeds of any insurance claim or condemnation award, such amount shall be deposited to this fund. The comptroller shall treat and administer the restoration fund as if it were the Project Fund in all aspects. Any money remaining after the completion of restoration of the applicable project shall be transferred to the State Lease Fund.
Classification Group 04: Pledged Funds [?]
Depository Interest Retained in appropriated fund.
Disposition of Balance Accumulative
Appropriation Technique General Appropriations Act

Note

USAS Values

USAS Title TPFA BLDG REV SER97A&B,99A RESTORATION
Consolidated Fund
State Fund Group 04 - PLEDGED FUNDS
USAS Status A
Created by bond resolution requirements which specify the maintenance of separate funds to account for the bond program.