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2006 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: Spruill
Co-Patron(s): Jones S.C.
Phoenix Bank of Nansemond

Item 481 #105h

Item 481 #105h

First Year - FY2007 Second Year - FY2008
Nonstate Agencies
State Grants to Nonstate Entities-Nonstate Agencies FY2007 $400,000 FY2008 $800,000 GF

Language
Page 418, line 4, strike "$19,210,000" and insert "$19,610,000".
Page 418, line 4, strike "$600,000" and insert "$1,400,000".
Page 419, after line 49, insert:
"Phoenix Bank of Nansemond Building, to the City of Suffolk for the       400,000      800,000".


Explanation
(This amendment provides a grant of $400,000 the first year and $800,000 the second year from the general fund to assist the City of Suffolk with the preparation of architectural and engineering plans for the rehabilitation and adaptive reuse of the Phoenix Bank of Nansemond Building, originally built in 1921. Once completed, the building will become Suffolk Museum of African-American History.)