2023 Session

Budget Amendments - SB800 (Member Request)

Chief Patron: Locke
CO - FMA - Rehabilitation Historic Buildings

Item C-4.60 #1s

Item C-4.60 #1s

First Year - FY2023 Second Year - FY2024
Commerce and Trade
Fort Monroe Authority FY2023 $965,000 FY2024 $6,074,000 GF

Page 611, after line 43, insert:

"C-4.60 Improvements: Rehabilitation Historic Buildings$965,000$6,074,000
Fund Sources:  General $965,000 $6,074,000 "


(This amendment provides $965,000 GF the first year and $6.1 million GF the second year to support rehabilitation of five historic residential buildings to preserve existing historic elements, including replacement of failing roof materials, repointing of historic masonry, replacement of deteriorated asbestos siding, installation of HVAC, and repairs to existing historic plaster walls and ceilings. The project will bring eight residential units into leasable condition to generate additional revenue.)