Menu
2008 Session

Budget Amendments - SB30 (Committee Approved)

View Budget Item
View Budget Item amendments

Craigsville Wastewater Treatment Plant

Item 390 #2s

Item 390 #2s

First Year - FY2009 Second Year - FY2010
Public Safety
Corrections, Department of FY2009 ($1,000,000) FY2010 ($1,522,469) GF

Language
Page 356, line 42, strike "$914,521,739" and insert "$913,521,739".
Page 356, line 42, strike "$914,929,668" and insert "$913,407,199".
Page 361, strike lines 18 through 30.
Page 361, line 31, strike "of Craigsville." and insert:
E.1.  The Commonwealth shall provide for its estimated 56 percent share of the capital cost of constructing a wastewater treatment plant to be operated by the Town of Craigsville.  The state share of the construction cost for this project shall consist of three parts: (i) a grant of up to $2,700,000 from the Water Quality Improvement Program of the Department of Environmental Quality, in furtherance of the Chesapeake Bay plan; (ii) a 20-year loan with a principal amount of $2,384,191, more or less, from the Department of Environmental Quality, to be repaid with general funds as provided in this Item; and (iii) a cash payment for the balance of the state share to be financed with bonds issued by the Virginia Public Building Authority.  The cash payment financed with VPBA bonds shall not be allotted by the Department of Planning and Budget until the Department of Corrections has entered into a contract with the Town of Craigsville as provided in Paragraph E.2. of this item."
Page 356, at the beginning of line 31, insert "2."
Page 361, strike lines 47 through 54 and insert:
"of the treatment plant.  After such contract between the department and the town has been entered into and a construction contract for the facility has been entered into by the town, the Department of Planning and Budget shall provide a report to the Chairmen of the Senate Finance and House Appropriations Committee with recommendations for financing the remaining portion of the state share for this project with Virginia Public Building Authority bonds to be approved at the next session of the General Assembly."


Explanation
(This amendment clarifies legislative intent that the Commonwealth will meet the estimated 56 percent state share of the capital cost for a new wastewater treatment plant for the Town of Craigsville, through a combination of grants, loans and bonds. An estimated 56 percent of the treatment capacity of this plant is required for Augusta Correctional Center.)