2020 Session

Budget Amendments - SB29 (Member Request)

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Chief Patron: DeSteph
Part 3 - VA Beach Line of Credit (language only)

Item 3-2.03 #1s

Item 3-2.03 #1s

Working Capital Funds and Lines of Credit
Lines of Credit


Page 246, after line 3, insert:

"City of Virginia Beach                           $20,000,000".


(This amendment would provide an interest free line of credit to Virginia Beach in the amount $20.0 million in FY 2020 for the costs of planning and renovating Building 2 of the Virginia Beach Municipal Center.)