That's explains how some of the funds are going back to GL, since the legislation had it going to the State General Fund. Thanks for clearing that up Bro. Beathard! I also agree with Owls that GL will get the ROI and this will make for a good income stream for GL.
As for the sale of the land and other money tied up in the charity fund, if it's mandidated in GL Law and not the law of the land, then all it would take would be a Resolution at GL to temporarily suspend that Article for the purpose of doing a one time transfer of X amount to the GL General Fund for something like the building renovations, technology updates, or what have you. I could see a one time transfer of money for a major upgrades project. I would totally be against the continued dipping into the charity fund. But the majors upgrades would benefit the GL in becoming a better host venue to bring in revenue to move the building closer to being able to self-sustain itself.