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2018 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: O'Quinn
Town of Marion

Item 106 #15h

Item 106 #15h

First Year - FY2019 Second Year - FY2020
Commerce and Trade
Department of Housing and Community Development FY2019 $4,500,000 FY2020 $0 GF

Language
Page 87, line 20, strike "$68,200,721" and insert "$72,700,721".

Page 90, after line 23 insert:

"P. Out of the amounts in the item, $4,500,000 the first year from the general fund is provided to the Town of Marion for an economic development project working in conjunction with the Virginia Department of Transportation."



Explanation

(This amendment provides $4,500,000 from the general fund the first year to the Town of Marion to purchase and relocate the Town of Marion VDOT facilities and transfer of the current VDOT property to the Marion Economic Development Authority for commercial development.)