Language Page 548, after line 22, insert:The Director, Department of General Services, in consultation with the State Comptroller and the Auditor of Public Accounts, shall review all submissions under the Public-Private Education Facilities and Infrastructure Act of 2002 (§ 56-575.1 et seq., Code of Virginia) pertaining to the Replacement / Renovation of the 8th / 9th Street Office Building Complex including alternative financing options. The Director, Department of General Services shall report to the Chairmen of the House Appropriations and Senate Finance Committees by October 1, 2009 on the potential for proceeding with any of the PPEA proposals under an operating lease concept or how the PPEA proposals should be modified in order to proceed under an operating lease concept." "C-5.20 8th / 9th Street Office Building
Explanation(This amendment requires the examination of submitted proposals under the Public-Private Education Facilities and Infrastructure Act of 2002 for potential as an operating lease. If the proposals do not meet the prerequisites to qualify as an operating lease the Director, Department of General Services, in consultation with the State Comptroller and the Auditor of Public Accounts, shall provide recommendations to modify the proposed PPEA agreements in order to move forward under an operating lease model.)