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2005 Session

Budget Amendments - SB700 (Committee Approved)

Powhatan Lakes

Item C-153.10 #2s

Item C-153.10 #2s

First Year - FY2005 Second Year - FY2006
Natural Resources
Game and Inland Fisheries, Department of FY2005 $250,000 FY2006 $1,750,000 NGF

Language
Page 528, after line 18
"The Department of Game and Inland Fisheries is authorized to reconstruct the damaged Upper and Lower Powhatan Lakes and associated facilities (roads, parking areas) based on Dam Safety Standards and Engineering Practices.  This project will be paid from the State Insurance Reserve Trust Fund, and all insurance reimbursements paid to the Commonwealth as a result of the insured damages to these structures shall be deposited into the State Insurance Reserve Trust Fund.  All state agencies associated with this project shall cooperate to the fullest extent with the Department during the planning and construction phases of the project.  The project is to be completed on or before June 30, 2008.  Planning and design shall be initiated in FY 2005.  The State Treasurer is authorized to issue a no-interest treasury loan for the project in anticipation of the state receiving the insurance proceeds."

                             
"C-153.10 Reconstruct Upper and Lower Powhatan Lakes
$250,000
 
$1,750,000
 
Fund Sources: Trust and Agency
$250,000
 
$1,750,000"
 



Explanation
(This amendment authorizes $2.0 million for a capital project to reconstruct two lakes owned by the Department in Powhatan County.)