*1 OFFICE OF 77iE A’l7-ORNEY GENERAL OF TEXAS AUSTIN ‘[C\.* honorable Kc. 8. -Dall$

, County Attorney : 3ltchlnson county : +-Aw~ . j 3or;;er, Texa8 : ./ i... -- \ . '.--y . . . . . . r-

oesr s&l-r . . . , . . a. ,. ..:= i o&lion ,,lfumber om49 Re: QXder..the'~.provielon~ of House fi%lL'j.Io. c146,,&8t& Lej&sla$ure; B&by the,darmpisslonera~ court or RiltWti;bosl'county, leg117 in- iFutlas in WTense 3ondir or ot&r obll~ations of the ~y3z$ti5~ statcis. As yo~~depertment had not passed on..thaf,quest:on:~...Amder~k could hot answer lzhe'quebtion, althou@be did giwe the Judge a .' copy of 761~ opi.ixLon:::o. 015278 holding that a

bal.ance~.~uSthe General~Fund may be, so invested. wHutohinson~Cou&y. now .has 6n hand approximatc- 1~,~50,000.00 5.n Lateral Read l?uuds received under wQat is known asthe ~'Road'Bond Aasvmption~Act,~ the.lateot enactmat of i;' hich iS 8. B. 89 of~the 4Eth Le~i~latum, such funds having been recoivod thrcggh theapportionment !to the countiqa in the year of.1941, and throu;;h:tiie original ref?und and *2 Zoollorable X*'H. Dally, page #9 apportionments for prior years. The Cosmlssion-

.era~ aourt rind8 it Qnpraotical to undertake road 'cotmtruotlon or Wprowwient, wing there.funde, durin&tha present mmrgenny.

"Under S. Ba 99 or the 48th LeXlslature; au me11 as under prior enaotmentr of this law, the' fuuda ohhand (Sea. 6, (h), (4)) may be used as r01~0w8t (a) 'for the acquisition of right-of- -ways for county lateral roads and for.the iaymant OS legal obligations inourred therefor prior to Janqary 2, 1969; (b) for the conatruotion or ia- promsent of. oouutylateral roads; (a) for purpose of supplementing funds appropriated by the United.Statea Govemment for ikdca Progress Administration hi&way construction, ana such other grauts'of Federal Randean may be made avallablsto t;he counties of this state for couxity~lateral road oonstmaotion; and (d) for the purpose ~of cooperating with the State S&h: way Department and the Federal Governsmnt in the oonstruct5on of Pam-to-market roads.* Section 9 of S. B. 89, as well as prior maotments of the law, provides 'It shell be unlartul- for anyCouuty Judge q? any County Conmissioner, rhile aotlng in his offLeial.capacity or otherwlee, to use any money out.oi the La~araLR~oad Account tar any pur- pose bxoapkthe purposes enumerated in this Ah.0 And f&es'.a penalty for knowingly violating this provision;'

"3. 3. 746 ofthe 43th Legislature, heretofore construed by gou in reference to ?.nvestln;l i;ancjral Fuuds of the county, provides as follovsr

s *AllpolItical subdivisionsof the Stats of Texas whiti have b&mces rtnnalniu< in their a+ cctmts att he end of any fiscal gear rray invest such balances in 'defense Yonds oti other oblisa- tlons 'of the.United States of Ameriaa; provicled, hgwever, that whan 3x51 funds are needed the *3 .iokraule.x. 3. Dally, psm #S

obligatlona OS ticls mitsd Stuto8 in whioil suah balunees u-e Invested ahull be sold oa- redssmul end the pmoesds of c&d oblZ@Lom shell bo dopoalw b the l coounts f'ras mhIch thsg wsrs arI&Insll~ dMRn.*

9he LateralRoad Funds drawno intersstas now on deposit In the County Depository. xt Is the ,do8Iro of ths Cvm&ssIoners~ wmrt to i.?vaot a mador portion of'thI8 $50rOC0.00 Lateral Road itund8 ~lxa 'Jnited,St&88 OblwtIons SO that Federal Oovormaent map have the uoo of It und also thut-the County may rocoive seas return on the Islvastment rat&w t&n let the ftuxia z?6+.n domsnt ,foI; the dwatSoa.

'triador the proYl8lono or 3. a:ics, and 3.53. 5%, both passed by the 48th.Le&slaturo, may 3aar c~s8loaors~ co& le&lly iaveirt .t2.Letsral Road Vunds of our County ln oblI&atIoas.oi tf# I

mit0f.t sfoti38 0r AIIIWI~W~