HOUSE CAPITAL OUTLAY REQUEST 216

FOR REAUTHORIZING A SEVERANCE TAX BOND APPROPRIATION FOR WATER

IMPROVEMENTS IN LINCOLN IN LINCOLN COUNTY.

The proceeds from the sale of severance tax bonds appropriated to the local government division

of the department of finance and administration pursuant to Subsection AAAA of Section 5 of Chapter 4

of Laws 1996 (1st S.S.) to design, construct and restore the historic walkway in the town of Lincoln in

Lincoln county shall not be expended for the original purpose but are reauthorized and appropriated to

the department of envirionment for water improvements in Lincoln in Lincoln county. The period of time

in which this appropriation may be expended shall be extended through fiscal year 2004. Any

unexpended or unencumbered balance remaining at the end of fiscal year 2004 shall revert to the

severance tax bonding fund.

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