2005 Session

Budget Amendments - HB1500 (Member Request)

Chief Patron: Wardrup
City of Virginia Beach

Item 531 #150h

Item 531 #150h

First Year - FY2005 Second Year - FY2006
Nonstate Agencies
State Grants to Nonstate Entities-Nonstate Agencies FY2005 $0 FY2006 $10,000,000 GF

Page 482, after line 18, insert:
"Out of the amounts for Financial Assistance for Cultural and Artistic Affairs, $10,000,000 the second year from the general fund is provided to the City of Virginia Beach."

(This amendment provides $10,000,000 from the general fund in the second year to the City of Virginia Beach. Funding will buy development rights and fee-simple properties around the Navel Air Station Oceana. NAS Oceana has a major impact on the economy of Va. Because of encroachment around NAS Oceana, the long term viability may be compromised during the BRAC process.)