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2000 Session

Budget Amendments - HB30 (Conference Report)

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New River Valley Commerce Park

Item 107 #5c

Item 107 #5c

First Year - FY2001 Second Year - FY2002
Commerce And Trade
Housing and Community Development, Department of FY2001 $1,000,000 FY2002 $0 GF

Language
Page 69, line 38, strike "$59,019,069" and insert "$60,019,069".
Page 72, line 17, strike "H." and insert "H.1."
Page 72, after line 26, insert:
"2.  Out of the amounts in this Item shall be transferred $1,000,000 the first year from the general fund to the fiscal agent for the New River Valley Commerce Park for expansion purposes."


Explanation
(This amendment provides $1.0 million for the New River Valley Commerce Park to acquire additional acres of suitable land to increase the inventory of large scale development property in Southwest Virginia. The Authority that formed the industrial development park comprises 15 local governments.)