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2006 Special Session I

Budget Amendments - HB5002 (Committee Approved)

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Richmond Sports Backers

Item 481 #44h

Item 481 #44h

First Year - FY2007 Second Year - FY2008
Nonstate Agencies
State Grants to Nonstate Entities-Nonstate Agencies FY2007 $25,000 FY2008 $0 GF

Language
Page 418, line 4, strike "$19,210,000" and insert "$19,235,000".
Page 419, after line 49, insert:
"Metropolitan Richmond Sports Backers    25,000      0".


Explanation
(This amendment provides a grant from the general fund to the Metropolitan Richmond Sports Backers to support such events as the James River Adventure Games, the World Duathalon Championships, the North America Cup Fencing Championships, and the Richmond Marathon. These events, and others, will attract over 68,000 visitors to the region and generate economic impact of over $17 million, while highlighting Richmond and the surrounding region to a national audience.)