Item C-149 | First Year - FY2009 | Second Year - FY2010 |
|---|
|
|
| New Construction: Construct Southwest Virginia Veterans Cemetery (17241) | $11,212,000 | $0 |
| Fund Sources: | | |
| Federal Trust | FY2009 $11,212,000 | FY2010 $0 |
Upon confirmation of eligibility for federal grant funding, the Director, Department of Planning and Budget, shall approve a short-term, interest-free treasury loan in the amount of $1,000,000 to the Department of Veterans Services for final cemetery design. The loan shall be repaid by the Department of Veterans Services upon receipt of the federal funds. In the event that federal funds are not received, the agency shall repay the loan from agency special funds. Upon the availability of federal funds, the Director, Department of Planning and Budget, shall approve a short-term, interest-free loan in the amount of $10,212,000 to the Department of Veterans Services. The loan shall be repaid by the Department of Veterans Services upon receipt of the federal funds.