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HOUSE BILL No* 96
(Continued from Pag* I)
The State Board of Education, with the approval of the Gotwrnor, int obtained, shall prescribe the procedure governing the application 'for and the actual payment of any funds appropriated by .this Act to , the locality, and shall require that such funds are used only for purposes of this AeL In the event the locality shall use said funds for purposes other than set forth in this Act, so much thereof as is improperly so used shall be deducted from current allocation of State revenues to such locality, for school purposes. Such reports as may be required to be submitted to the State Board of Education under this Act shall be certified as correct by a resolution of the school board of the county or city concerned.
f8. Except as provided in f 9 of this Act, all of the funds appropriated by this Act shall be expended for the construction of or addition to new public school buildings. For the purposes of this Act, new pub'lic school buildings shall not include any school buildings for which the county or_city concerned has authorised the issuance of ~bon<fs, not” including notes for temporary loans, or has issued a Literary Fund note or notes pursuant to an applicatioh for a loan irony the Literary Fund prior to making application for funds under this Act. If the State Board of Education finds that the situation so requires it may consider the repair, renovation and improvement of existing buildings as the construction of new public school buildings. The purchase price of land upon which to erect new buildings shall not be
49.7%