§ 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.
‹ Prev All Vermont sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.