(1) There is created in the General Fund a restricted account known as the "Employability to Careers Program Restricted Account."

(2) The restricted account consists of: (a) money appropriated to the restricted account by the Legislature; (b) income and interest derived from the deposit and investment of money in the account; and (c) private donations.

(a) money appropriated to the restricted account by the Legislature;

(b) income and interest derived from the deposit and investment of money in the account; and

(c) private donations.

(3) Subject to legislative appropriations, money in the restricted account may be used for the following purposes: (a) to contract with a fiscal intermediary for the management of a results-based contract; (b) to contract with a programmatic intermediary to validate a feasibility analysis and structure the terms and conditions of a results-based contract, including developing cost-benefit financial models, performance outcome measures, payment schedules, and success thresholds; (c) to contract with an independent evaluator as described in Section 63J-4-704; (d) to pay for office expenses related to administering the Employability to Careers Program and providing staff support to the board; (e) to make payments to a fiscal intermediary that has entered into a results-based contract with the board as described in Section 63J-4-704, if the independent evaluator selected by the board determines that the performance-based results have been met; and (f) to contract for other services as necessary to implement the Employability to Careers Program.

(a) to contract with a fiscal intermediary for the management of a results-based contract;

(b) to contract with a programmatic intermediary to validate a feasibility analysis and structure the terms and conditions of a results-based contract, including developing cost-benefit financial models, performance outcome measures, payment schedules, and success thresholds;

(c) to contract with an independent evaluator as described in Section 63J-4-704;

(d) to pay for office expenses related to administering the Employability to Careers Program and providing staff support to the board;

(e) to make payments to a fiscal intermediary that has entered into a results-based contract with the board as described in Section 63J-4-704, if the independent evaluator selected by the board determines that the performance-based results have been met; and

(f) to contract for other services as necessary to implement the Employability to Careers Program.