2005 Session

Budget Amendments - HB1500 (Committee Approved)

DGS - 8th / 9th St Parking Deck

Item C-3.15 #1h

Item C-3.15 #1h

First Year - FY2005 Second Year - FY2006
General Services, Department of FY2005 $0 FY2006 $16,000,000 NGF

Page 487, after line 32, insert:
"The Secretary of Administration and the Secretary of Natural Resources shall report to the Chairman of the House Appropriations and Senate Finance Committees by October 1, 2005, on the plan for the use of the 8th Street and 9th Street site.  The plan shall include consideration of alternative uses for the 8th Street Office Building site and the financial feasibility and timetable of any such alternative use."

"C-3.15 Parking Deck
Fund Sources: Bond Proceeds

(This amendment provides 9(d) revenue bond authority to construct a 315-space parking deck on site defined by Broad Street between 8th Street and 9th Street. The parking deck will be constructed in such a manner as to allow for the future construction of office space in conjunction with the parking deck. The amendment also requires the Secretary of Administration and Natural Resources to provide a plan for the site to include alternative uses and the financial feasibility of those alternative uses.)