6536 AMS FAIN GORR 658

SB 6536 - S AMD 60

By Senator Fain

    On page 5, line 29, after "retirement.", insert "Any funds remaining after the payment and retirement of such indebtedness must be used solely for carrying out the rights, powers, functions, and obligations of the county ferry district assumed by the county."

    On page 10, line 6, after "retirement.", insert "Any funds remaining after the payment and retirement of such indebtedness must be used solely for carrying out the rights, powers, functions, and obligations of the flood control zone district assumed by the county."

EFFECT:  Specifies that any funds remaining after paying the outstanding debts of a county ferry district or flood control zone district must be used solely for carrying out the rights, powers, functions, and obligations of the county ferry district or flood control zone district assumed by the county. 

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