[§39A-293]  Use of revenues derived from
project agreement.  The department may appropriate, apply, or expend the
revenues derived with respect to the project agreement for a project for the
following purposes:



(1)  To pay when due all special purpose revenue
bonds, premium, if any, and interest on the bonds for the payment of which the
revenues are or have been pledged, charged, or otherwise encumbered, including
reserves; and



(2)  To the extent not paid by the project party to
provide for all expenses of administration, operation, and maintenance of the
project, including reserves.



Unless and until adequate provision has been made
for the foregoing purposes, the department shall not transfer the revenues
derived from the project agreement to the general fund of the State. [L 2006, c
102, pt of §2]