§ 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.
Structure Rhode Island General Laws
Title 46 - Waters and Navigation
Chapter 46-15.1 - Water Supply Facilities
Section 46-15.1-1.1. - Repealed.
Section 46-15.1-2. - Board created — Appointment of members.
Section 46-15.1-2.2. - Qualifications of members.
Section 46-15.1-2.3. - Officers of the board — Quorum and vote required for action.
Section 46-15.1-2.4. - Compensation of members.
Section 46-15.1-3. - Repealed.
Section 46-15.1-4. - Purposes.
Section 46-15.1-4.1. - “Water supply facilities” defined.
Section 46-15.1-5.1. - Powers in support of the Rhode Island rivers council.
Section 46-15.1-5.2. - Duties of the board.
Section 46-15.1-6. - Purchase or lease from state.
Section 46-15.1-7. - Purchases from and leases, pledges and sales to others.
Section 46-15.1-9. - Temporary borrowing.
Section 46-15.1-11. - Pledge of revenues and other funds.
Section 46-15.1-12. - Trust funds.
Section 46-15.1-13. - Remedies.
Section 46-15.1-14. - Exemption from taxation.
Section 46-15.1-15. - Bonds and notes eligible for investment.
Section 46-15.1-16. - Negotiable instruments.
Section 46-15.1-17. - Refunding bonds.
Section 46-15.1-17.1. - Dissolution.
Section 46-15.1-17.2. - Inconsistent provisions.
Section 46-15.1-17.3. - Limitation of powers.
Section 46-15.1-18. - Severability — Constructions.
Section 46-15.1-19. - Surface reservoirs.
Section 46-15.1-19.1. - Big River Reservoir — Administration.
Section 46-15.1-20. - Water development account fund.