Source: https://budget.lis.virginia.gov/amendment/2018/1/HB30/Introduced/MR/C-45/2h/
Timestamp: 2019-04-21 16:45:42+00:00

Document:
Page 449, line 42, strike "$51,559,000" and insert "$101,559,000".
"D. There is hereby appropriated $50,000,000 in the first year from such bond proceeds, for the Stormwater Local Assistance Fund, established in Item 368 of this act and administered by the Department of Environmental Quality. In accordance with the purpose of the Fund, the bond proceeds shall be used to provide grants solely for capital projects, including: i) new stormwater best management practices; ii) stormwater best management practices retrofits; iii) stream restoration; iv) low impact development projects; v) buffer restoration; vi) pond retrofits; and vii) wetlands restoration. Such grants shall be in accordance with eligibility determinations made by the Department of Environmental Quality."
A. 1. The capital projects in paragraph B of this Item are hereby authorized and may be financed in whole or in part through bonds of the Virginia College Building Authority pursuant to § 23-30.24 et seq., Code of Virginia, or the Virginia Public Building Authority pursuant to § 2.2-2263, Code of Virginia. Bonds of the Virginia College Building Authority issued to finance these projects may be sold and issued under the 21st Century College Program at the same time with other obligations of the Authority as separate issues or as a combined issue. The aggregrate principal amounts shall not exceed $51,559,000 plus amounts needed to fund issuance costs, reserve funds, original issue discount, interest prior to and during the acquisition or construction and for one year after completion thereof, and other financing expenses, in accordance with § 2.2-2263, Code of Virginia.
2. From the list of projects included in paragraph B of this Item, the Director, Department of Planning and Budget, shall provide to the Chairmen of the Virginia College Building Authority and the Virginia Public Building Authority with the specific projects, as well as the amounts for these projects, to be financed by each authority within the dollar limit established by this authorization.
3. Debt service on these projects contained in this Item shall be provided from appropriations to the Treasury Board.
4. The appropriations for the capital projects in this Item are subject to the conditions in § 2.0 F. of this act.
C. 1. A total of $20,000,000 plus amounts to fund related issuance costs, and other financing expenses, is hereby authorized for issuance in the first year by the Virginia Public Building Authority pursuant to § 2.2-2263, Code of Virginia for the water quality project set out in this paragraph.
2. There is hereby appropriated $20,000,000 in the first year from such bond proceeds, for the Combined Sewer Overflow Matching Fund, established pursuant to § 62.1-241.12, Code of Virginia and administered by the Department of Environmental Quality. These bond proceeds shall be used by the Virginia Resources Authority and the State Water Control Board to make a grant to the City of Alexandria to pay a portion of the capital costs of its combined sewer overflow control project. Disbursements from these proceeds shall be authorized by the State Water Control Board, under the authority of the Department of Environmental Quality, and administered by the Virginia Resources Authority through the Combined Sewer Overflow Matching Fund.
3. This appropriation is subject to the conditions of § 2.0 F of this act.
4. Except as provided in paragraph C.3 of this Item, the provisions of §§ 2.0 and 4-4.01 of this act and the provisions of §2.2-1132, Code of Virginia, shall not apply to the project supported in this Item.

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