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2007 Session

Budget Amendments - HB1650 (Member Request)

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Chief Patron: Spruill
City of Suffolk - Phoenix Bank of Nansemond

Item 481 #202h

Item 481 #202h

First Year - FY2007 Second Year - FY2008
Nonstate Agencies
State Grants to Nonstate Entities-Nonstate Agencies FY2007 $0 FY2008 $400,000 GF

Language
Page 515, line 5, strike "$7,510,000" and insert "$7,910,000".
Page 521, after line 61, insert:
"City of Suffolk for the Phoenix Bank of Nansemond  $0    $400,000".


Explanation
(This amendment provides $400,000 the second year from the general fund to the City of Suffolk for Phoenix Bank of Nansemond. This amendment provides a historic preservation grant for preparation of architectural and engineering plans to rehabilitate the Phoenix National Bank of Nansemond. When finished, the building will house the Suffolk Museum of African-American History.)