Camp Pendleton Lease (language only)

Item 453 #1c

Language
Page 329, after line 39, insert:
"The Department of Military Affairs, with the assistance of the Department of General Services, is hereby directed to lease to the City of Virginia Beach for a period of 20 years, a portion of the State Military Reservation (Camp Pendleton) estimated at 14.94 acres, for the development of additional parking for the Virginia Marine Science Museum.  The City of Virginia Beach shall be responsible for any costs incurred in the development of parking on this property, and the City of Virginia Beach shall pay to the Commonwealth the sum of $100,000 per year beginning in fiscal year 2003, for the lease of this property.  Beginning in fiscal year 2004, the annual lease payment shall increase by five percent per year.  Any such lease shall be approved by the Governor or his designee, and the instrument shall be approved as to form by the Attorney General or his designee.  In addition, the City of Virginia Beach shall pay to the Commonwealth the sum of $1,000,000 for the relocation of certain facilities located on the property to be leased.  A companion amendment to Item C-125.1 authorizes a capital project for this purpose.  The Adjutant General shall provide a report by July 1, 2002, on the lease of this property and the relocation capital project to the Chairmen of the Senate Finance and House Appropriations Committees."

Explanation
(This amendment directs the Department of Military Affairs to lease a parcel of land at the State Military Reservation to the City of Virginia Beach for parking for the Virginia Marine Science Museum. A companion amendment to Item C-125.1 provides for the relocation of certain facilities on this site.)