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2008 Session

Budget Amendments - SB30 (Committee Approved)

Combined Sewer Overflow

Item C-110.10 #2s

Item C-110.10 #2s

First Year - FY2009 Second Year - FY2010
Natural Resources
Environmental Quality, Department of FY2009 $10,000,000 FY2010 $10,000,000 NGF

Language
Page 467, after line 39 insert"
"The amount in this appropriation shall be deposited into the Combined Sewer Overflow Matching Fund established pursuant to § 62.1-241.12 of the Code of Virginia to make grants to the Cities of Lynchburg and Richmond to pay up to 50 percent of the capital costs of the completion of their Combined Sewer Overflow (CSO) projects.  The amount of such grants shall constitute the Commonwealth’s share of the capital costs of the CSO projects for purposes of § 2.2-2261 and §2.2-2263, Code of Virginia.  All such funds shall be divided equally between the Cities of Lynchburg and Richmond.  No such funds shall be used to pay debt service on obligations of the Cities of Lynchburg or Richmond or any other regional or local governments or authorities."

                             
"C-110.10 Combined Sewer Overflow
$10,000,000
 
$10,000,000
 
Fund Sources: Bond Proceeds
$10,000,000
 
$10,000,000"
 



Explanation
(This amendment appropriates bond proceeds for Richmond and Lynchburg Combined Sewer Overflow projects.)