2002 Session

Budget Amendments - SB29 (Member Request)

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Chief Patron: Reynolds
Route 58 PPTA Project (language only)

Item 525 #1s

Item 525 #1s

Transportation, Department of

Page 420, after line 13, insert:
"P.  It is the intent of the General Assembly that the portion of the Route 58 Development Program from Stuart to Hillsville may be funded as a qualifying transportation facility pursuant to the Public-Private Transportation Act of 1995, Section 56-556 et seq., Code of Virginia.  Upon execution of a comprehensive agreement, the Department of Transportaton is authorized to make contractual payments in consideration of the undertaking of the operator under the PPTA with respect to such project.  Any such payments, when and if required, may be made from any available transportation funding source.  It is the intent of the General Assembly to appropriate such funds as required to enable the Department of Transportation to make such contractual payments."

(This amendment is self-explanatory.)