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BOARD01816
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BOARD01816
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Last modified
8/16/2009 3:07:40 PM
Creation date
10/4/2006 7:02:54 AM
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Board Meetings
Board Meeting Date
11/19/2001
Description
CF Section - Proposed Statute Revisions Construction Fund and Severance Tax Trust Fund Perpetual Base Account
Board Meetings - Doc Type
Memo
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<br />- <br /> <br />. <br /> <br />. <br /> <br /> <br />. <br /> <br />The revisions to (2) relative to where the interest charges and other charges are credited, <br />rifers to the Board levyingfuture application fees, loan origination fees, or other fees pertaining <br />to the administration of the Construction Fund loan program, The monies collected from such <br />fees would be credited to the operational account of the Board to be used for miscellaneous <br />operational expenses, The fees would be established by the Board at a later time depending on <br />the needs of the Board at that time and the work load of staff in administering the loan program, <br /> <br />Paragraph (3) is proposed to be eliminated since it refers to the $500,000 demonstration <br />grant program initiated, expended, and closed out from the Office of Water Conservation over <br />two years ago, <br /> <br />7 <br /> <br /> <br />-- <br />
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