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<br />. <br /> <br />Status of Construction Fund <br /> <br />Pursuant to H.B. 1340 (1986 Session), $20 million was <br /> <br />"borrowed" from the construction fund. This sum, plus accrul~d <br /> <br />interest, is to be repaid at the conclusion of FY 1986-87. <br /> <br />Table 2 gives details of the cumulative status of the <br />construction fund from its inception through December 31, 1986, <br /> <br />with the $20 million reflected as a debit against available <br /> <br />funds pending its repayment. <br /> <br />gl <br /> <br />. <br /> <br />Encls: Table 1 <br />Table 2 <br />Project Summaries <br /> <br />. <br /> <br />-4- <br />