PRINTER'S NO. 1133
No. 996 Session of 1985
INTRODUCED BY FREEMAN, YANDRISEVITS, AFFLERBACH, McHALE, RYBAK,
PRESSMANN, BATTISTO, GRUPPO, SEMMEL, D. W. SNYDER, ARGALL AND
McCALL, APRIL 22, 1985
REFERRED TO COMMITTEE ON APPROPRIATIONS, APRIL 22, 1985
A SUPPLEMENT
1 To the act of , 1985 (P.L. , No. ), entitled "An act
2 providing for the capital budget for the fiscal year 1985-
3 1986," itemizing public improvement projects to be
4 constructed or acquired by the Department of General
5 Services, together with their estimated financial costs;
6 authorizing the incurring of debt without the approval of the
7 electors for the purpose of financing the projects to be
8 constructed or acquired by the Department of General
9 Services; stating the estimated useful life of the projects;
10 and making an appropriation.
11 The General Assembly of the Commonwealth of Pennsylvania
12 hereby enacts as follows:
13 Section 1. Total authorization.
14 The total authorization for the additional capital projects
15 in the category of public improvement projects itemized in
16 section 2 and to be acquired or constructed by the Department of
17 General Services, its successors or assigns, and to be financed
18 by the incurring of debt, shall be $3,300,000.
19 Section 2. Itemization of public improvement projects.
20 Additional capital projects in the category of public
21 improvement projects to be constructed or acquired by the
1 Department of General Services, its successors or assigns, and
2 to be financed by the incurring of debt, are hereby itemized,
3 together with their respective estimated financial costs, as
4 follows:
5 Total
6 Project
7 Project Allocation
8 (1) Department of Environmental Resources
9 (i) Northampton County 3,300,000
10 (A) Construction of a fish ladder on the
11 Lehigh River at the Easton Dam 2,300,000
12 (Base Project Allocation - $1,840,000)
13 (Design and Contingencies - $460,000)
14 (B) Construction of a fish ladder on the
15 Lehigh River at the Chain Dam 1,000,000
16 (Base Project Allocation - $800,000)
17 (Design and Contingencies - $200,000)
18 Section 3. Issue of bonds.
19 The indebtedness authorized in this act shall be incurred
20 from time to time and shall be evidenced by one or more series
21 of general obligations bonds of the Commonwealth in such
22 aggregate principal amount for each series as the Governor,
23 Auditor General and State Treasurer shall determine, but the
24 latest stated maturity date shall not exceed the estimated
25 useful life of the projects being financed as stated in section
26 5.
27 Section 4. Debt authorization.
28 The Governor, Auditor General and State Treasurer are hereby
29 authorized and directed to borrow, from time to time, in
30 addition to any authorization heretofore or hereafter enacted,
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1 on the credit of the Commonwealth, subject to the limitations
2 provided in the current capital budget, money not exceeding in
3 the aggregate the sum of $3,300,000 as may be found necessary to
4 carry out the acquisition and construction of the public
5 improvement projects specifically itemized in a capital budget.
6 Section 5. Estimated useful life of projects.
7 (1) The General Assembly states that the estimated useful
8 life of the public improvement projects itemized in this act is
9 30 years.
10 (2) The maximum term of the debt authorized to be incurred
11 under this act is 30 years.
12 Section 6. Appropriation.
13 The net proceeds of the sale of the obligations authorized in
14 this act are hereby appropriated from the Capital Facilities
15 Fund to the Department of General Services in the maximum amount
16 of $3,300,000 to be used by it exclusively to defray the
17 financial cost of the public improvement projects specifically
18 itemized in a capital budget. After reserving or paying the
19 expenses of the sale of the obligation, the State Treasurer
20 shall pay to the Department of General Services the moneys as
21 required and certified by it to be legally due and payable.
22 Section 7. Effective date.
23 This act shall take effect July 1, 1985, or immediately,
24 whichever is later.
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