Out of the first money realized from the sale of bonds as provided herein, there shall be redeposited in the General Obligation Bond Expense Revolving Fund, established by Section 16724.5 of the Government Code, the amount of all expenditures made for the purposes specified in that section, and this money may be used for the same purpose and repaid in the same manner whenever additional bond sales are made.
(Added by Stats. 1990, Ch. 573, Sec. 1. Approved in Proposition 142 at the November 6, 1990, election.)
Last modified: October 25, 2018