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2007 Session

Budget Amendments - HB1650 (Member Request)

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Chief Patron: Dance
Co-Patron(s): Ingram
Historic Petersburg Foundation, Inc.

Item 481 #6h

Item 481 #6h

First Year - FY2007 Second Year - FY2008
Nonstate Agencies
State Grants to Nonstate Entities-Nonstate Agencies FY2007 $0 FY2008 $265,250 GF

Language
Page 515, line 5, strike "$7,510,000" and insert "$7,775,250".
Page 521, after line 61, insert:
"Historic Petersburg Foundation, Inc.     $0     $265,250".


Explanation
(This amendment provides $265,250 the second year from the general fund to Historic Petersburg Foundation, Inc. for funding that would permit HPF to acquire the Farmers' Bank from the Association for the Preservation of Virginia Antiquities at its assessed value ($310,500) and to make repairs to the structure (estimated cost $220,000). HPF would move its headquarters to the Farmers' Bank, and permit and promote more frequent public access to the bank museum.)