CORRECTIVE REPRINT PRIOR PRINTER'S NO. 2041 PRINTER'S NO. 2081
No. 1630 Session of 1983
INTRODUCED BY PIEVSKY AND DeWEESE, OCTOBER 24, 1983
REFERRED TO COMMITTEE ON APPROPRIATIONS, OCTOBER 24, 1983
A SUPPLEMENT 1 To the act of (P.L. , No. ), entitled "An 2 act providing for the capital budget for the fiscal year 3 1983-1984," itemizing highway safety and improvement projects 4 to be constructed by the Department of Transportation, 5 together with their estimated financial cost; authorizing the 6 incurring of debt without the approval of the electors for 7 the purpose of financing the projects to be constructed by 8 the Department of Transportation; stating the estimated 9 useful life of the projects; and making an appropriation. 10 The General Assembly of the Commonwealth of Pennsylvania 11 hereby enacts as follows: 12 Section 1. Total authorization. 13 The total authorization for the additional capital projects 14 in the category of highway safety and improvement projects 15 itemized in section 2 and to be constructed by the Department of 16 Transportation, its successors or assigns and to be financed by 17 the incurring of debt, shall be $2,490,000. 18 Section 2. Itemization of highway safety and improvement 19 projects. 20 Additional capital projects in the category of highway safety
1 and improvement projects to be constructed by the Department of 2 Transportation, its successors or assigns, and to be financed by 3 the incurring of debt are hereby itemized together with their 4 respective estimated financial costs as follows: 5 Base Land Design and Total 6 Project Project Acqui- Contingency Project 7 Allocation sition Allocation Allocation 8 (1) Allegheny 9 County 10 (i) L.R.0224, 11 Guys Run Road, 12 Harmar Twp: <-- 13 Stabilization 14 of stream, re- 15 alignment, re- 16 surfacing, 17 guard rails and 18 shoulder work 1,000,000 250,000 1,250,000 19 (ii) Inter- 20 state I-79, 21 Interchange 22 with U.S. 22 23 and 30 West, 24 Robinson Twp: 25 Two lane re- 26 location: 27 Length 1 28 mile 500,000 100,000 50,000 650,000 29 (2) Somerset 30 County 19830H1630B2081 - 2 -
1 (i) L.R.50 and 2 L.R.269, 3 Center Ave. 4 from Patriot 5 St. in Somer- 6 set Boro. to 7 U.S. 219 In- 8 terchange in 9 Somerset Twp: 10 Widen, recon- 11 struct and 12 update traf- 13 fic signals: 14 Length 3.0 15 miles 500,000 15,000 75,000 590,000 16 Section 3. Debt authorization. 17 The Governor, Auditor General and State Treasurer are hereby 18 authorized and directed to borrow, from time to time, in 19 addition to any authorization heretofore or hereafter enacted, 20 on the credit of the Commonwealth, subject to the limitations 21 provided in the current capital budget, money not exceeding in 22 the aggregate the sum of $2,490,000 as may be found necessary to 23 carry out the public improvement projects consisting of the 24 highway safety improvement projects specifically itemized in a 25 capital budget. 26 Section 4. Issue of bonds. 27 The indebtedness herein authorized shall be incurred from 28 time to time and shall be evidenced by one or more series of 29 general obligation bonds of the Commonwealth in such aggregate 30 principal amount for each series as the Governor, Auditor 19830H1630B2081 - 3 -
1 General and State Treasurer shall determine, but the latest 2 stated maturity date shall not exceed the estimated useful life 3 of the projects being financed as stated in section 5. 4 Section 5. Estimated useful life or projects. 5 The General Assembly states that the estimated useful life of 6 the public improvement projects heretofore itemized is 30 years. 7 The maximum term of the debt authorized to be incurred hereunder 8 is 30 years. 9 Section 6. Appropriation. 10 The net proceeds of the sale of the obligations herein 11 authorized are hereby appropriated from the Capital Facilities 12 Fund to the Department of Transportation in the maximum amount 13 of $2,490,000 to be used by it exclusively to defray the 14 financial cost of the public improvement projects consisting of 15 the highway safety and improvement projects specifically 16 itemized in a capital budget. After reserving or paying the 17 expenses of the sale of the obligation, the State Treasurer 18 shall pay to the Department of Transportation the moneys as 19 required and certified by it to be legally due and payable. 20 Section 7. Federal funds. 21 In addition to those funds appropriated in section 6, all 22 moneys received from the Federal Government for the projects 23 specifically itemized herein are also hereby appropriated for 24 those projects. 25 Section 8. Allocation of funds. 26 Whenever as determined by the Department of Transportation 27 that the full estimated financial cost of the highway safety and 28 improvement projects itemized in section 2 are not necessary for 29 the proper design or construction of the projects, the excess 30 funds no longer required may be allocated to increase the 19830H1630B2081 - 4 -
1 estimated cost of any one or more of the highway safety and 2 improvement projects specifically itemized in a capital budget. 3 Section 9. Effective date. 4 This act shall take effect immediately. J18L72RZ/19830H1630B2081 - 5 -