995020
Florida Senate - 2009
SB7072
The Committee on Ways and Means (Villalobos) recommended the following
LATE FILED amendment:
Section: 05 On Page: 248
Spec App: 1999
| EXPLANATION: Revises proviso language associated with the acquisition of the Central Florida Rail Corridor.
|
NET IMPACT ON: Total Funds General Revenue Trust Funds
Recurring - 0 0 0
Non-Recurring - 0 0 0
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Positions & Amounts Positions & Amounts
DELETE INSERT
TRANSPORTATION, DEPARTMENT OF
Transportation Systems Development
Program: Transportation Systems
Development 55100100
In Section 05 On Page 248
1999 Fixed Capital Outlay 088774
Public Transit Development/Grants IOEK
DELETE the first paragraph of proviso immediately following Specific
Appropriation 1999:
From the funds in Specific Appropriations 1999, 2005, and 2009, the
department may complete an escrowed closing on the pending Central
Florida Rail Corridor acquisition; provided, however, the drawdown of
such escrowed closing funds shall not occur unless and until final
Federal Transit Administration full-funding grant agreement approval is
obtained for the proposed Central Florida Commuter Rail Transit Project
Initial Operating Segment.
and insert in lieu thereof:
From the funds in Specific Appropriations 1999, 2005, and 2009, the
department may complete an escrowed closing on the pending Central
Florida Rail Corridor acquisition; provided however, the drawdown of
such escrowed closing funds shall not occur unless and until final
Federal Transit Administration full-funding grant agreement approval is
995020 Log:0021 TDW/TDW 04/07/09 12:03:15 PM Senate Page: 1
obtained and a federal appropriation in the amount of at least
$178,000,000.00 is secured for the proposed Central Florida Rail Transit
Project Initial Operating Segment; and further provided, however, that
no such closing shall be authorized in the absence of the passage of
Senate Bill 1212 or substantially similar substantive legislation
authorizing the liability insurance purchase requirements and the
state's indemnification obligations as set forth in the Central Florida
Rail Corridor acquisition transactional documents dated February 4,
2008.
Line item amendments are accepted as part of the amendatory process. However, due to the necessity of using computerized systems this may entail a different placement within a budget entity or the renumbering of the specific appropriation items. Items printed in italics are computer codes and are not a part of the official text of this amendment. |
995020 Log:0021 TDW/TDW 04/07/09 12:03:15 PM Senate Page: 2