2003 Session

Budget Amendments - SB700 (Committee Approved)

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Combined Sewer Overflow Funding (language only)

Item 382 #1s

Item 382 #1s

Natural Resources
Environmental Quality, Department of

Page 376, line 26, after "B." insert "1."
Page 376, after line 31 insert:
"2. From the Waste Water Treatment Revolving Loan Fund, the Director of the Department of Environmental Quality (DEQ) shall grant a $1,500,000 loan in the first year to the City of Richmond and a $1,500,000 loan in the first year to the City of Lynchburg, to match federal funding for combined sewer overflow projects.  The Director of DEQ shall establish a repayment plan to ensure prompt repayment of the loans after the cities receive the associated federal matching funds."

(This amendment provides for loans to the Cities of Richmond and Lynchburg to use as required matching funds to draw down federal appropriations. The federal funding will be used for renovations to their sewer systems.)