It was the $1,200 that stayed in the bank through the end of the Cold War, the Clinton impeachment, 9/11 and more than one hair-raising recession.
Month after month, when the Sunset Beach Community Assn. gave its treasurer's report, the Peter Duval Fund took up one line of it. And month after month, the board adjourned without having found a use for the money.
"It was reported on, but no one really had a place for it," said association member Greg Griffin. "It just kind of sat there."
Now, after more than two decades, the community that gathered $1,200 in tribute to a deceased friend finally plans to spend it.
Last fall, the Orange County Fire Authority dissolved Sunset Beach's volunteer fire crew and put the station up for sale. The community association went into escrow in March on the building, where Peter Duval once served as a fire captain, and hopes to transform it into a community center by fall.