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2009 Session

Budget Amendments - HB1600 (Member Request)

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Chief Patron: Ware
Western Virginia Foundation for the Arts and Sciences, Center on the Square

Item 493 #3h

Item 493 #3h

First Year - FY2009 Second Year - FY2010
Nonstate Agencies
State Grants to Nonstate Entities-Nonstate Agencies FY2009 $0 FY2010 $19,250,000 GF

Language
Page 540, after line 37, insert:
"Western Virginia Foundation for the Arts and
Sciences, Center on the Square                $0              $19,250,000".


Explanation
(This amendment provides $19.2 million from the general fund in the second year to the Western Virginia Foundation for the Arts and Sciences-Center on the Square. The funding will be used for a one-time operating request of $250,000; a one-time capital request of $1.0 million; and a one-time capital loan of $18.0 million from currently available funds contained in state loan sources for 'Igniting Dreams', 'Energizing Promises-The Campaign for Center in the Square', and the capital green building renovation project.)