§ 46-15.1-20. Water development account fund. There is created a special fund called "water development fund", a general revenue fund within the general fund, which shall record any net proceeds which may be paid to the state as a result of the lease of any reservoir sites or other facilities as may be acquired or constructed by the state in accordance with the provisions of this chapter, or as otherwise authorized or permitted, or as a result of the sale of surplus property or any interest therein, including, without limiting the generality of the foregoing, the sale of excess gravel, timber, or other materials located on the reservoir sites or other facilities. Monies are to be deposited as general revenues. The amounts appropriated shall be made available for the purposes authorized by this chapter, and also hereby made available for borrowing from the board, in accordance with and pursuant to the provisions of this chapter exclusive of acquisition of reservoir sites, and the state controller is hereby authorized and directed to draw his or her orders upon the general treasurer for the payment or loan of such sums or such portions thereof as may be required, from time to time, upon receipt by him or her of properly authenticated vouchers.
History of Section. (P.L. 1990, ch. 461, § 6; P.L. 1991, ch. 44, art. 76, § 9; P.L. 1995, ch. 370, art. 40, § 159; P.L. 1999, ch. 461, § 2.)
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