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2017 Session

Budget Amendments - HB1500 (Member Request)

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Chief Patron: O'Quinn
Town of Marion

Item 495 #2h

Item 495 #2h

First Year - FY2017 Second Year - FY2018
State Grants to Nonstate Entities
State Grants to Nonstate Entities-Nonstate Agencies FY2017 $0 FY2018 $4,500,000 GF

Language
Page 484, line 4, strike "$0" and insert "$4,500,000".

Page 484, after line 22, insert: "Town of Marion    $0   $4,500,000".

Page 484, line 24, strike "$0   $0" and insert "$0     $4,500,000".



Explanation

(This amendment provides $4.5 million the second year from the general fund to the Town of Marion to purchase property for VDOT to use after land swap. The Town of Marion is requesting legislative assistance in securing a budget allocation of up to $4.5 million for the economic development future of the town, to specifically be used for the purchase and relocation of the Marion VDOT facilities and the transfer of the current VDOT property to the Marion EDA for commercial development.)