Arizona Laws 36-545.09. Building renewal fund; purpose
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Subject to legislative approval a building renewal fund is established for the purpose of major maintenance of the state owned properties located at 1930 east 6th street and 2075 north 6th avenue, Tucson, Arizona. The building renewal fund shall be subject to legislative appropriation. The fund shall consist of monies collected from the lease of these properties. The department of health services shall administer the fund. Fund monies are exempt from the provisions of section 35-190 relating to lapsing of appropriations.
Terms Used In Arizona Laws 36-545.09
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Department: means the department of health services. See Arizona Laws 36-501
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC