CHAPTER 556

AN ACT AUTHORIZING THE STATE TREASURER TO TRANSFER THE BALANCES IN CERTAIN INACTIVE ACCOUNTS OF THE STATE BOARD OF EDUCATION TO THE GENERAL FUND OF THE STATE OF DELAWARE.

WHEREAS, the State Board of Education has balances in certain inactive accounts in the amount of $415,783.37; and

WHEREAS, the State Board of Education has requested that the balances in said inactive accounts be transferred to the General Fund of the State of Delaware;

NOW, THEREFORE,

Be it enacted by the General Assembly of the State of Delaware:

Section 1. The State Treasurer is authorized to transfer to the credit of the General Fund of the State of Delaware the sum of $415,783.37 representing the total balances in the following inactive accounts of the State Board of Education:

Fire Loss $ 6,818.01

Vocational School — Milford 799.00

1960 New Castle County — Orthopedic Construction 54.77

Supervision and Auditing — 1960 Construction Program 229,214.74

Supervision and Auditing — 1961 Construction Program 42,669.43

Fire Loss — Mt. Pleasant 1,423.17

Building Sales 18,517.75

School Sites 101,286.50

Architects' Fees 15,000.00

TOTAL

$415,783.37

Approved June 12, 1970.