Section 8. Costs and fees.
(a) The authority will pay to the department, in accordance with the terms of a divestiture agreement entered into under this act, an amount, not to exceed $16,214,326, equal to the principal balance or necessary to cover debt service, as of the date of conveyance, of the loans, bonds, notes payable or other instruments for capital improvements and other capital costs at the airports.
(b) All payments to the department made under subsection (a) shall be credited to the Public Improvement Project's subaccount in the Capital Facilities Fund.
(c) Costs and fees incidental to this conveyance shall be borne by the authority.