2007 Session

Budget Amendments - SB750 (Member Request)

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Chief Patron: Stolle
Norfolk Southern Right of Way

Item 439 #2s

Item 439 #2s

First Year - FY2007 Second Year - FY2008
Rail and Public Transportation, Department of FY2007 $0 FY2008 $10,000,000 GF

Page 464, line 28, strike "$259,504,324" and insert "$269,504,324".
Page 465, after line 5, insert:
"E.  Out of the amounts appropriated for this Item $10,000,000 the second year from the general fund shall be made available to the Cities of Norfolk and Virginia Beach, to be shared equally between the two cities, for the acquisition of some 15.4 miles of right-of-way owned by the Norfolk Southern Corporation and located between Newtown Road and the Oceanfront.

(This amendment provides $10.0 million to be divided evenly between the Cities of Norfolk and Virginia Beach. The cities will use the funds to purchase right-of-way (abandoned rail track) from Norfolk Southern. The rail connects the two localities.)