Examples of Acquisition Fund in a sentence
When the Property has been financed or refinanced and all of the Acquisition Costs have been paid, the State Treasurer shall transfer any remaining balance in the Acquisition Fund to the Agency Installment Payment Fund.
Disbursements by the State Treasurer from the Acquisition Fund to pay or reimburse the Acquisition Costs of Property to be acquired by each Agency shall not exceed the amount in the Acquisition Fund allocable to such Agency, as determined by the State Treasurer.
Money in the Acquisition Fund shall be invested by the State Treasurer in Qualified Investments.
The State Treasurer shall determine the amount of proceeds from the sale of the Certificates to be deposited into the Project Fund and the Acquisition Fund to be used to pay Project Costs and Acquisition Costs, respectively.
The money in the Acquisition Fund shall be held by the State Treasurer and applied to the payment of the Acquisition Costs of the Property.