2021 Special Session I

Budget Amendments - SB1100 (Committee Approved)

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CO - Other Authorized Capital Infrastructure and Improvements (18495) (language only)

Item C-72 #1s

Item C-72 #1s

Central Appropriations
Central Capital Outlay


Page 640, line 46, after "a capital project" insert "or projects".

Page 640, line 48, strike "and buildings".

Page 640, strike line 51 and insert "Authority each approve a public private partnership or other contractual agreement with respect to such a capital project or projects. The"


(This amendment would allow the bond proceeds authorized by this Item to be used for improvements that support multiple projects and projects performed as a P3 or a direct lease agreement with the Virginia Port Authority. Use of the funds will still require approval of both the Virginia Port Authority Board of Commissioners and the Major Employment & Investment Project Approval Commission, while providing the flexibility needed by the Virginia Port Authority and the Virginia Economic Development Partnership to attract multiple users and make the Portsmouth Marine Terminal an offshore wind industry hub.)