Water Quality Bonds

Item C-39.40 #2c

Language
Page 473, after line 3, insert:
"A. 1. The water quality and supply 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 issued pursuant to § 2.2-2263, Code of Virginia.  The aggregate principal amounts will not exceed $221,000,000 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. Except as provided for in paragraph A.2. of this item, the provisions of §§ 2.0 and 4-4.01 of this act and the provisions of §2.2-1132, Code of Virginia, shall not apply to projects supported in programs set out in paragraph B of this item.4. The Department of Environmental Quality and the Department of Conservation and Recreation shall submit cash flow requirements for each program in paragraph B of this item to the Director, Department of Planning and Budget and the State Treasurer. The cash flows shall indicate quarterly cash needs for the programs’ completion.5. Beginning July 1, 2013, the Director, Department of Planning and Budget and the State Treasurer shall provide a quarterly progress report to the Chairmen of the House Appropriations and Senate Finance Committees on the projects in this item.B. 1.  Stormwater Local Assistance Fund.  From the appropriation and bond authorization provided in this item, up to $35,000,000 of the bond proceeds shall be provided to the Department of Conservation and Recreation for the Stormwater Local Assistance Fund, established in accordance with the provisions of Item 360 of this Act.   In accordance with the purpose of the Fund set out in Item 360, the bond proceeds shall be used to provide grants solely for capital projects meeting all pre-requirements for implementation, including but not limited to: i) new stormwater best management practices; ii) stormwater best management practice retrofits; iii) stream restoration; iv) low impact development projects; v) buffer restoration; vi) pond retrofits; and vii) wetlands restoration.  Such grants shall be in accordance with eligibility determinations made by the Virginia Soil and Water Conservation Board under the authority of the Department of Conservation and Recreation.2.  Combined Sewer Overflow Matching Fund.  From the appropriation and bond authorization provided in this item, up to $75,000,000 of the bond proceeds shall be provided to the Department of Environmental Quality for the Combined Sewer Overflow Matching Fund, established pursuant to § 62.1-241.12, Code of Virginia. These bond proceeds shall be used by the Virginia Resources Authority and the State Water Control Board to make grants to the cities of Lynchburg and Richmond to pay a portion of the capital costs of their combined sewer overflow control projects. Disbursements from these proceeds shall be authorized by the State Water Control Board, under the authority of the Department of Environmental Quality, and administered by the Virginia Resources Authority through the Combined Sewer Overflow Matching Fund. Of the net proceeds, up to $30,000,000 shall be provided to the City of Lynchburg and up to $45,000,000 shall be provided to the City of Richmond. No such net proceeds shall be used to pay debt service on obligations of the cities of Lynchburg or Richmond or any other localities or regional or local authorities.3. Nutrient Removal Grants.  From the appropriation and bond authorization provided in this item, up to $101,000,000 of the bond proceeds shall be provided to the Department of Environmental Quality to reimburse entities as provided in § 10.1-2117 et seq., Code of Virginia, considered as eligible Significant and Non-Significant Dischargers in the Chesapeake Bay watershed for capital costs incurred for the design and installation of nutrient removal technology. Such reimbursements shall be in accordance with eligibility determinations made by the Department of Environmental Quality pursuant to the provisions of this enactment and Chapter 21.1 of Title 10.1, Code of Virginia, including but not limited to the qualifications of projects for Virginia Water Quality Improvement Grants as set forth in §§ 10.1-2129, 10.1-2130, and 10.1-2131, Code of Virginia, and in written guidelines developed by the Secretary of Natural Resources in accordance with § 10.1-2129, Code of Virginia.4.  Hopewell Regional Wastewater Treatment Authority.  From the appropriation and bond authorization provided in this item, up to $5,000,000 shall be provided to the Department of Environmental Quality to provide a supplemental Nutrient Removal Grant, as established in § 10.1-2117 et seq., Code of Virginia, to reimburse capital costs incurred by the Hopewell Regional Wastewater Treatment Authority for the design and installation of nutrient removal technology. Such reimbursement shall be in addition to any conventional grant awarded for the nutrient removal project to the extent determined by the Department of Environmental Quality pursuant to the provisions of Chapter 21.1 of Title 10.1, Code of Virginia, including but not limited to the qualifications of projects for Virginia Water Quality Improvement Grants as set forth in §§ 10.1-2129, 10.1-2130, and 10.1-2131, Code of Virginia, and in written guidelines developed by the Secretary of Natural Resources in accordance with § 10.1-2129.5.  Appomattox River Water Authority.  From the appropriation and bond authorization provided in this item, up to $5,000,000 shall be provided for the Department of Environmental Quality to provide a grant for the Appomattox River Water Authority, to increase the supply of drinking water for the counties of Dinwiddie, Prince George, and Chesterfield, the cities of Colonial Heights and Petersburg, and the U.S. Army Garrison at Fort Lee, and to improve stream flow within the Appomattox River. The amount provided shall be matched by local contributions from any one or more of the affected local governments totaling $5,000,000.C.
Agency Project TitleDepartment of Conservation and Recreation   Stormwater Local Assistance FundDepartment of Environmental Quality  Combined Sewer Overflow Matching FundDepartment of Environmental Quality  Nutrient Removal Grants".