995020                                                     
Committee
TA
Amendment
16
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 ______________________________________________________________________________________ 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