Alabama Statutes

§ 2-6-53 — Lease Authorized - Agricultural Center Fund; Appropriations for Rentals and Expenses

Alabama·Title 2 Agriculture·Ch. 6 Agricultural Center·Art. 3 Lease of Coliseum Building and Facilities
The charges made by the board pursuant to Section 2-6-51 shall be deposited monthly in the State Treasury to the credit of a special fund therein designated the Agricultural Center Fund and shall be used solely for the payment of the rentals payable under the lease agreement and the said operating and administrative expenses. So much of the moneys in the Agricultural Center Fund as may be necessary therefor are hereby appropriated for said purposes. In the event the revenues derived from the operation of the properties covered by the lease agreement should not be sufficient to pay, as the same respectively mature, the rentals required to be paid by the board under the provisions of the lease agreement and to pay the said operating and administrative expenses, there is hereby appropriated a

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Legislative History

(Acts 1951, No. 533, p. 943, §4.)

Nearby Sections

15
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