HIGHWAY SUPPLEMENT CAPITAL BUDGET ACT OF 1987-1988 - AMEND Act of Mar. 13, 1990, P.L. 75, No. 16 Cl. 84 Session of 1990 No. 1990-16 SB 1095 AN ACT Amending the act of October 21, 1988 (P.L.962, No.114), entitled "A supplement to the act of July 3, 1987 (P.L.190, No.26), entitled 'An act providing for the capital budget for the fiscal year 1987-1988,' itemizing public highway projects to be constructed by the Department of Transportation, together with the estimated financial costs; authorizing the incurring of debt without the approval of the electors for the purpose of financing the projects to be constructed by the Department of Transportation; stating the estimated useful life of the projects; and making appropriations," adding a project in Blair County; further describing a highway project in McKean County; adding a project in Washington County; and increasing the debt authorization and appropriation. The General Assembly of the Commonwealth of Pennsylvania hereby enacts as follows: Section 1. Section 2 of the act of October 21, 1988 (P.L.962, No.114), known as the Highway Supplement to the Capital Budget Act of 1987-1988, is amended to read: Section 2. Authorization. The total authorization for the capital projects in the category of highway projects itemized in section 3 and to be constructed by the Department of Transportation, its successors or assigns, and to be financed by the incurring of debt, or from current revenues of the Motor License Fund, shall be [$2,287,787,000] $2,289,667,000. Section 2. Section 3(6), (37)(ii) and (48) of the act are amended by amending or adding projects to read: Section 3. Itemization. Additional capital projects in the category of public highway projects to be constructed by the Department of Transportation, its successors or assigns, and to be financed by the incurring of debt, or from current revenues of the Motor License Fund, are hereby itemized, together with their respective estimated financial costs, as follows: Total Project Project Allocation * * * (6) Blair County * * * (iii) S.R.4008 (A) S.R.4008 road relocation and tunnel rehabilitation at Horseshoe Curve National Historical Site, Logan Township 1,130,000 (Base Project Allocation - $1,130,000) * * * (37) McKean County * * * (ii) S.R.3007 and S.R.3005 [(A) Two-lane relocation of S.R.3007 from T.R.219 to S.R.3005 and resurfacing of S.R.3005 4,600,000 (A) Two-lane reconstruction and/or relocation of S.R.3007 from T.R.219 to S.R.3005; two-lane reconstruction and/or relocation of S.R.3005 from T.R.6 south for a distance of approximately 3.5 miles 4,600,000 (Base Project Allocation - $4,370,000) (Land Allocation - $100,000) (Design and Contingencies - $130,000) * * * (48) Washington County * * * (xviii) S.R.0018 and Hanover Township (A) Interchange improvements to Pa.18, T.R.18/22 750,000 (Base Project Allocation - $688,000) (Land Allocation - $31,000) (Design and Contingencies - $31,000) * * * Section 3. Sections 5 and 8 of the act are amended to read: Section 5. Debt authorization. The Governor, Auditor General and State Treasurer are hereby authorized and directed to borrow, from time to time, in addition to any authorization heretofore or hereafter enacted, on the credit of the Commonwealth, subject to the limitations provided in the current capital budget, money not exceeding in the aggregate the sum of [$2,287,787,000] $2,289,667,000 as may be found necessary to carry out the acquisition and construction of the highway projects, specifically itemized in section 3 of this capital budget. Section 8. Appropriation. The net proceeds of the sale of the obligations herein authorized are hereby appropriated from the Capital Facilities Fund to the Pennsylvania Department of Transportation in the maximum amount of [$2,287,787,000] $2,289,667,000 to be used by it exclusively to defray the financial costs of the projects specifically itemized in section 3 of this capital budget. After reserving or paying the expenses of the sale of the obligation, the State Treasurer shall pay out to the Pennsylvania Department of Transportation the moneys as required and certified by it to be legally due and payable. Section 4. This act shall take effect immediately. APPROVED--The 13th day of March, A. D. 1990. ROBERT P. CASEY |