§ 6015. Transfer of existing facilities or funds; making of annual grants and lease payments to...
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 64 Pa.C.S.A. Public Authorities and Quasi-Public CorporationsEffective: February 5, 2004
Effective: February 5, 2004
64 Pa.C.S.A. § 6015
§ 6015. Transfer of existing facilities or funds; making of annual grants and lease payments to authority; Commonwealth bonds
(iii) Any funds available, needed or obligated for development, acquisition, design, maintenance, management, operation, financing, leasing or subleasing construction, expansion or substantial renovation or improvement purposes. This subparagraph includes the proceeds of bonds previously or hereafter issued for construction or improvement of a convention center or parts of a convention center.
(2) Obligations of a city to make grants, lease or sublease payments to an authority shall not, even if based on debt obligations of an authority, constitute debts of the city within the meaning of any constitutional or statutory provision and shall be payable only to the extent that current revenues of the city are available.
Credits
2004, Feb. 5, P.L. 7, No. 3, § 2, effective Feb. 5, 2004.
64 Pa.C.S.A. § 6015, PA ST 64 Pa.C.S.A. § 6015
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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