PRINTER'S NO. 1501
No. 1303 Session of 1991
INTRODUCED BY MURPHY, LEVDANSKY, COWELL, MICHLOVIC, PETRONE,
ITKIN, TRELLO, GIGLIOTTI, PRESTON, CESSAR, PISTELLA AND
MARKOSEK, MAY 6, 1991
REFERRED TO COMMITTEE ON APPROPRIATIONS, MAY 6, 1991
A SUPPLEMENT
1 To the act of (P.L. , No. ), entitled "An act
2 providing for the capital budget for the fiscal year 1991-
3 1992," itemizing public highway projects to be constructed by
4 the Department of Transportation, together with the estimated
5 financial costs; authorizing the incurring of debt without
6 the approval of the electors for the purpose of financing the
7 projects to be constructed by the Department of
8 Transportation; stating the estimated useful life of the
9 projects; and making appropriations.
10 The General Assembly of the Commonwealth of Pennsylvania
11 hereby enacts as follows:
12 Section 1. Short title.
13 This act shall be known and may be cited as the Highway
14 Supplement to the Capital Budget Act of 1991-1992.
15 Section 2. Authorization.
16 The total authorization for the capital projects in the
17 category of highway projects itemized in section 3 and to be
18 constructed by the Department of Transportation, its successors
19 or assigns, and to be financed by the incurring of debt, or from
20 current revenues of the Motor License Fund, shall be $8,200,000.
21 Section 3. Itemization.
1 Additional capital projects in the category of public highway
2 projects to be constructed by the Department of Transportation,
3 its successors or assigns, and to be financed by the incurring
4 of debt, or from current revenues of the Motor License Fund, are
5 hereby itemized, together with their respective estimated
6 financial costs, as follows:
7 Total
8 Project
9 Project Allocation
10 (1) Allegheny County
11 (i) Airport alternative highway
12 (A) Airport alternative highway study 700,000
13 (Design and Contingencies - $700,000)
14 (ii) Fort Duquesne Boulevard
15 (A) Relocation of Fort Duquesne Boulevard 6,000,000
16 (Base Project Allocation - $5,400,000)
17 (Design and Contingencies - $600,000)
18 (iii) Heliport
19 (A) Regional heliport plan implementation 1,500,000
20 Section 4. Debt authorization.
21 The Governor, Auditor General and State Treasurer are hereby
22 authorized and directed to borrow, from time to time, in
23 addition to any authorization heretofore or hereafter enacted,
24 on the credit of the Commonwealth, subject to the limitations
25 provided in the current capital budget, money not exceeding in
26 the aggregate the sum of $8,200,000 as may be found necessary to
27 carry out the acquisition and construction of the highway
28 projects, specifically itemized in section 3 of this capital
29 budget.
30 Section 5. Issue of bonds.
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1 The indebtedness herein authorized shall be incurred from
2 time to time and shall be evidenced by one or more series of
3 general obligation bonds of the Commonwealth in such aggregate
4 principal amount for each series as the Governor, Auditor
5 General and State Treasurer shall determine, but the latest
6 stated maturity date shall not exceed 30 years from the date of
7 the bond first issued for each such series.
8 Section 6. Estimated useful life of projects.
9 The General Assembly states the estimated useful life of the
10 projects heretofore itemized is 30 years.
11 Section 7. Appropriation.
12 The net proceeds of the sale of the obligations herein
13 authorized are hereby appropriated from the Capital Facilities
14 Fund to the Pennsylvania Department of Transportation in the
15 maximum amount of $8,200,000 to be used by it exclusively to
16 defray the financial costs of the projects specifically itemized
17 in section 3 of this capital budget. After reserving or paying
18 the expenses of the sale of the obligation, the State Treasurer
19 shall pay out to the Pennsylvania Department of Transportation
20 the moneys as required and certified by it to be legally due and
21 payable.
22 Section 8. Federal funds.
23 In addition to those funds appropriated in section 7, all
24 moneys received from the Federal Government for the construction
25 of the public improvement projects specifically itemized herein
26 are also hereby appropriated for those projects.
27 Section 9. Allocation of funds.
28 Whenever as determined by the Pennsylvania Department of
29 Transportation that the full estimated financial costs of the
30 projects itemized in section 3 are not necessary for the proper
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1 design, acquisition or construction of such projects, the excess
2 funds no longer required may be allocated by the Pennsylvania
3 Department of Transportation to increase the estimated costs of
4 any one or more of the projects specifically itemized in a
5 capital budget.
6 Section 10. Effective date.
7 This act shall take effect immediately.
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