Overall limitations on debt to be incurred for capital projects

Act 117 of 1984, § 2, under "CAPITAL BUDGET ACT OF 1984-1985".

Act 117 of 1984, § 2

Section 2. Overall limitations on debt to be incurred for capital projects.

The maximum principal amount of additional debt to be incurred during the 1984-1985 fiscal year, and thereafter until the enactment of the 1985-1986 capital budget specifying the maximum debt for the 1985-1986 fiscal year, for capital projects specifically itemized in a capital budget pursuant to section 7(a)(4) of Article VIII of the Constitution of Pennsylvania, and the fund to be charged with the repayment of such debt, shall, with respect to each category of capital projects, be as follows:

Category

Amount

Fund

(1) Public Improvement Projects: Department of General Services

(i) Construction

$150,000,000

General Fund or

(ii) Furniture and

Special Fund as

Equipment

30,000,000

applicable

(2) Transportation

Assistance Projects

50,000,000

General Fund

(3) Highway Projects

30,000,000

Motor License

Fund

(4) Redevelopment

Assistance Projects

42,000,000

General Fund

Total

$302,000,000