256.87 - COSTS AND FEES -- CAPITAL EQUIPMENT REPLACEMENT REVOLVING FUND.
256.87 COSTS AND FEES -- CAPITAL EQUIPMENT
REPLACEMENT REVOLVING FUND.
1. The board may provide noncommercial production or reproduction
services for other public agencies, nonprofit corporations or
associations organized under state law, or other nonprofit
organizations, and may collect the costs of providing the services
from the public agency, corporation, association, or organization,
plus a separate equipment usage fee in an amount determined by the
board and based upon the equipment used. The costs shall be
deposited to the credit of the board. The separate equipment usage
fee shall be deposited in the capital equipment replacement revolving
fund.
2. The board may establish a capital equipment replacement
revolving fund into which shall be deposited equipment usage fees
collected under subsection 1 and funds from other sources designated
for deposit in the capital equipment replacement revolving fund. The
board may expend moneys from the capital equipment replacement
revolving fund to purchase technical equipment for operating the
educational radio and television facility. Section History: Recent Form
93 Acts, ch 48, §44