Camp Pendleton Lease Agreement (language only)

Item 461 #1c

Language

Page 448, strike lines 43 through 46.

Page 449, strike lines 1 through 16 and insert:

"5. Included in this appropriation is $2,500,000 the first year and $2,500,000 the second year from nongeneral funds to be provided through a long-term lease agreement with the City of Virginia Beach as consideration for use of state-owned parcels totaling approximately 12 acres, more or less, and currently leased to the City for use as parking for the Virginia Aquarium and Marine Science Center and overflow Rudee Inlet boat ramp parking. Such funds shall be used for construction of a new secure gate to the Camp Pendleton State Military Reservation located in the City of Virginia Beach. As additional consideration, the City of Virginia Beach shall also provide for a new signal-controlled entrance to Camp Pendleton State Military Reservation aligned with the new secure gate. An initial payment of $2,500,000 shall be made by the City prior to June 30, 2021 and an additional payment of $2,500,000 shall be made by the City prior to June 30, 2022.  Pursuant to Executive Order 20 (2018), authorizing the transfer of administrative authority of the Department of Military Affairs from the Secretary of Public Safety and Homeland Security to the Secretary of Veterans and Defense Affairs, the Secretary of Veterans and Defense Affairs shall be the authorized entity to enter into the lease agreement with the City. The term of the lease shall be not less than 50 years with an additional 50-year option being available. An additional payment not to exceed $50,000 annually may be required to be made by the city pursuant to the terms of the lease agreement.  The Secretary of Veterans and Defense Affairs shall report to the Chairs of the House Appropriations and the Senate Finance and Appropriations Committees on such projects and real property lease agreements executed from funds appropriated in this item by October 15th of each year until completion of the specified improvement projects."