(1) Planning, design, improvement, construction, land acquisition, and equipment necessary for the development or maintenance of industrial parks;

(2) Constructing, operating, maintaining, and improving infrastructure and other public or common facilities within industrial parks;

(3) Payment of debt service on revenue bonds issued by the department for industrial park purposes, and the establishment of debt service and other reserves deemed necessary by the board;

(4) Reimbursement of the general fund for debt service on general obligation bonds issued to finance industrial park projects, where the bonds are designated to be reimbursable out of the industrial park special fund; and

(5) Any other purpose deemed necessary by the board for the purpose of planning, improving, developing, operating, and maintaining industrial parks.

(1) Appropriations by the legislature to the special fund;

(2) Lease rents collected from eligible lessees of public lands within industrial parks;

(3) Assessments collected from eligible lessees of public lands within industrial parks which are charged by the board pursuant to conditions in the leases; and

(4) Interest earned or accrued on moneys in the special fund. [L 1988, c 361, pt of §1; am L 1994, c 162, §3]