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2013 Session

Budget Amendments - SB800 (Committee Approved)

Water Quality Bonds

Item C-39.40 #2s

Item C-39.40 #2s

First Year - FY2013 Second Year - FY2014
Central Appropriations
Central Capital Outlay FY2013 $0 FY2014 $219,000,000 NGF

Language
Page 473, after line 3, insert:
"A. 1. The capital projects in paragraph B. of this
item are hereby authorized and may be financed in whole or in part through bonds of the
Virginia Public Building Authority pursuant to § 2.2-2263,
Code of Virginia. The aggregate principle amounts will not exceed $219,000,000 plus amounts to fund related issuance costs, and other financing expenses, in accordance with § 2.2-2263 of the Code of Virginia.
2. The appropriations for said capital projects are contained in this Item and are subject to the conditions in § 2-0 F of this act.
3. Agencies and institutions shall submit cash flow requirements for each project to the Director, Department of Planning and Budget and the Director, Department of General Services.  The cash flows shall indicate quarterly cash needs to the projects completion.
4. Beginning July 1, 2013, the Director, Department of Planning and Budget and the Director, Department of General Services shall provide a quarterly progress report to the Chairman of the House Appropriations and Senate Finance Committees on the projects in this Item.
B.
Agency Project Title
Department of Conservation and Recreation Stormwater Local Assistance Fund
Department of Environmental Quality Combined Sewer Overflow Matching Fund
Department of Environmental Quality Nutrient Removal Grants."

                             
"C-39.40 Comprehensive Capital Outlay Program
$0
 
$219,000,000
 
Fund Sources: Bond Proceeds
$0
 
$219,000,000"
 



Explanation
(This is a technical amendment that authorizes the bonds associated with projects authorized in the Secretary of Natural Resources in Item 360 and Item 366.)