C-40#1h (VPA) Amend Equipment Project Language. HB5002 - Floor Approved

State Budget

2014 Special Session I

Budget Amendments - HB5002 (Floor Approved)

Bill Order » Item C-40 #1h

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Amend Equipment Project Language (language only)

Item C-40 #1h

Item C-40 #1h
Transportation
Virginia Port Authority

Language
Page 431, line 34, strike "APMT".
Page 432, line 2, strike "rail mounted gantry cranes and translifters" and insert "terminal operating equipment".

Explanation
(This amendment amends language setting out an equipment project funded by the Virginia Port Authority to remove language limited the equipment to the APM Terminals and replacing references to gantry cranes and translifters with a broader category of terminal operating equipment.)

Item C-40

Item C-40	First Year - FY2015	Second Year - FY2016
Stand-Alone Equipment Acquisition: Procure APMT Equipment (18125)	$37,000,000	$0
Fund Sources:
Special	FY2015 $37,000,000	FY2016 $0

This item contains funding to purchase rail mounted gantry cranes and translifters as a result of increased container volumes. Debt service for the purchase of these items through the agency's equipment lease program is provided in Item 454.