Vermont Statutes
Chapter 5 - Department of Buildings and General Services
§ 156. City of Montpelier District Heat Plant Maintenance Reserve Fund

§ 156. City of Montpelier District Heat Plant Maintenance Reserve Fund
(a) There is established a special fund pursuant to 32 V.S.A. chapter 7, subchapter 5 known as the City of Montpelier District Heat Plant Maintenance Reserve Fund.
(b) The Fund shall comprise payments from the City of Montpelier for the City’s share of the maintenance of the District Heat Plant.
(c) Monies in the Fund shall be available to the Commissioner of Buildings and General Services for the maintenance of the District Heat Plant upon commencement of the District Heat Plant’s operations.
(d) The Commissioner of Finance and Management may draw warrants for disbursements from this Fund in anticipation of receipts. Any remaining balance at the end of the fiscal year shall be carried forward in the Fund. (Added 2015, No. 26, § 31, eff. May 18, 2015.)

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