2009 Session

Budget Amendments - SB850 (Committee Approved)

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Add Language Authorizing Cost Effective Financing for Dam Repair (language only)

Item 361 #4s

Item 361 #4s

Natural Resources
Conservation and Recreation, Department of

Page 405, after line 27, insert:
"L. The Director, Department of Conservation and Recreation, in consultation with the Virginia Resources Authority, is authorized to make cost effective financing available to Orange County or the dam owner for modifications necessary to the Lake of the Woods dam to meet state dam safety requirements and to reduce the potential loss of life and damage to down stream property for this high hazard dam, with an inundation zone containing multiple dwellings and a major state highway.  Notwithstanding § 10.1-603.19, Code of Virginia, such authority may be used to provide financial or other assistance from the Dam Safety, Flood Prevention and Protection Assistance Fund to secure funding or to provide a grant not to exceed $1,000,000."

(This amendment restores language that was inadvertently dropped from the budget bill during final printing. Page B-89 of the executive budget document includes an explanation of the amendment.)