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CONGRESS OF THE UNITED STATESOF AMERICA FOR LIKE PURPOSES; PROVIDING FOR THE ISSUANCE OF, REGISTRATION AND PAYMENT OF NEGOTIABLE STATE WARRANTS AND PROVIDING FOR THE ISSUANCE OF NEGOTIABLE TREASURER'S CERTIFICATES OF THE STATE OF ARIZONA IN ANTICIPATION OF THE COLLECTION OF THE TAXES AUTHORIZED BY THIS ACT; PRESCRIBING THE FORM OF SUCH WARRANTS AND CERTIFICATES, THE DUE DATE AND RATE OF INTEREST THEREON; DEFINING OFFENSES IN VIOLATION OF THIS ACT AND PROVIDING PENALTIES THEREFOR; AND DEGERRINO

Be It Enacted by the Legislature of the State of Arizona:

Section 1. For the purpose of construction and completion of those certain highway projects hereinafter specified, within the State of Arizona, initiated or authorized but uncompleted by the Board of Directors of State Institutions, and by the Office of State Engineer, of the State of Arizona, prior to January 1, 1923, and for the purpose of refunding for use on specific and designated highway projects of funds paid by political sub-divisions of the State of Arizona to the State of Arizona, for the use of said Board of Directors of State Institutions and of said office of State Engineer of the State of Arizona, for the construction of such specific and designated highway projects, and diverted, prior to January 1, 1923, by said Board of Directors of State Institutions and said office of State Engineer, to purposes other than such specific and designated projects, the following appropriations, transfers and funds, limitations and authorizations of expenditure of funds and appropriations are made.

Section 2. For the purpose of refunding for use on the specific and designated highway projects, hereinafter named, of funds paid by the counties of the State of Arizona, hereinafter named, to the State of Arizona, for the use of said Board of Directors of State Institutions and said State Engineer, for the construction of such specific and designated projects, and diverted prior to January 1, 1923, by said Board of Directors of State Institutions and said office of State Engineer, to purposes other than the construction of said specific and designated projects, the State Treasurer is hereby authorized and directed, immediately upon the passage of this Act and its

approval by the Governor, to make transfers out of any monies in the 25% apportionment account in the General Fund of the State of Arizona, as follows:

The sum of 9,061.79 dollars, which shall be deposited by the State Treasurer in a segregated account within the General Fund in favor of Federal Aid project of the State of Arizona, No. 51, now in course of construction, or to be constructed in Coconino County.

b. The sum of 103,219.84 dollars, which shall be deposited by the State Treasurer in a segregated account within the General Fund in favor of Federal Aid project of the State of Arizona, Nos. 61 and 62 now in the course of construction, or to be constructed in Yavapai County.

c. The sum of 98,759.73 dollars, which shall be deposited by the State Treasurer in a segregated account within the General Fund in favor of Federal Aid project of the State of Arizona, No. 55, now in the course of construction, or to be constructed in Yuma County.

d. The sum of 64,817.19 dollars, which shall be deposited by the State Treasurer in a segregated account within the General Fund in favor of Federal Aid project of the State of Arizona, No. 43, now in the course of construction, or to be constructed in Graham County.

e. The sum of 42,316.07 dollars, which shall be deposited by the State Treasurer in a segregated account within the General Fund in favor of Federal Aid project of the State of Arizona, No. 56, now in the course of construction, or to be constructed in Maricopa County.

f. The sum of 123,863.78 dollars, which shall be deposited by the State Treasurer in a segregated account within the General Fund in

favor of Federal Aid project of the State of Arizona, No. 59, now in the course of construction, or to be constructed in Maricopa County.

g. The sum of 15,262.64 dollars, which shall be deposited by the State Treasurer in a segregated account within the General Fund in favor of Federal Aid project of the State of Arizona, No. 60, now in the course of construction, or to be constructed in Apache County.

Section 3. All monies received from the United States of America, by virtue of any cooperative agreements for the construction of any of the propects named in Section 2 of this Act, between the State of Arizona, and the United States of America, pursuant to the terms of the Act of the Congress of the United States of America, entitled, "An Act to provide that the United States shall aid the States in the construction of rural and post roads, and for other purposes," or of any amendment thereto, or pursuant to any other act of the Congress of the United States of America, enacted for like purposes, shall, when received by the Treasurer of the State of Arizona, be by him deposited to the credit of the respective segregated accounts within the General Fund of the State, of the project or projects, named in Section 2 of this Act, on account of which such monies were so paid by the United States of America.

Section 4. The monies in any of such segregated accounts, as provided in Sections 2 and 3, of this Act, shall be paid out, for and only for, the purposes as following:

First: The reimbursement of the State of Arizona for any expenditures by it in the construction of such project, which reimbursement shall be to the account within said General Fund

from which said expenditures by the State of Arizona were made.

Such reimbursement shall be made by appropriate transfers upon the books of the Auditor and Treasurer of the State of Arizona, and such monies, so transferred, shall immediately, upon such transfer, be available for expenditure from the account, to which transferred, for the purposes of such account, as authorized by law.

Second: For the construction and completion of such project, and for such purpose, shall be paid out, upon vouchers of said office of State Engineer, hereinafter in this Act designated, "State Engineer" approved by said Board of Directors of State Institutions, hereinafter in this Act designated as "Board," to the State Auditor, who shall draw his warrant therefor, which shall show on account of which of said projects, named in Section 2 of this Act, such warrant is drawn, to the State Treasurer, who shall pay the same out of the said segregated account of such project, in the General Fund, and not otherwise.

Provided, that, when the above purposes are fully satisfied, any balance remaining in such segregated account, shall be transferred, by the Auditor and Treasurer of the State of Arizona, to the 25% apportionment account, within said General Fund, and may thereafter be available for expenditure for the purposes of such account, as authorized by law; except there shall have been an agreement between the State of Arizona and the political subdivision of the State of Arizona respecting the disposition of any such balance remaining of the funds so paid to the State of Arizona after the completion of the road project to which applicable, in which event, such balance shall be paid out in accordance with such

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