2008 Session

Budget Amendments - HB30 (Conference Report)

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Craney Island Infrastructure (language only)

Item 464 #3c

Item 464 #3c

Virginia Port Authority

Page 415, line 1, after "proceeds.", insert:
"Out of this authorization, the Virginia Port Authority is authorized to use up to $14,000,000 in the first year for initial infrastructure improvements related to the Craney Island Marine Terminal project authorized by Item C-173 of this act."

(This amendment allows the Port Authority to use debt capacity provided in the introduced budget for initial site development of the Craney Island Marine Terminal project in the first year.)