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2005 Session

Budget Amendments - HB1500 (Member Request)

Chief Patron: Tata
Performing Arts Center

Item 531 #197h

Item 531 #197h

First Year - FY2005 Second Year - FY2006
Nonstate Agencies
State Grants to Nonstate Entities-Nonstate Agencies FY2005 $0 FY2006 $2,000,000 GF

Language
Page 482, after line 18, insert:
"Out of the amounts for Financial Assistance for Cultural and Artistic Affairs, $2,000,000 the second year to support the Performing Arts Center."


Explanation
(This amendment provides $2 million the second year, of the $46.7 million needed, to construct the new Virginia Beach Performing Arts Center. The City of Virginia Beach has dedicated $35 million as the City's commitment to the project. Private funding will supplement the funds received from the public sector and provide the remaining capital. The new center will serve as a focal point for social activities from education to the arts and entertainment and will illustrate the region's dedication to furthering the cultural life of its citizens.)