PRINTER'S NO. 2151
No. 1586 Session of 1990
INTRODUCED BY STAPLETON AND REGOLI, APRIL 27, 1990
REFERRED TO TRANSPORTATION, APRIL 27, 1990
AN ACT
1 Amending the act of October 21, 1988 (P.L.962, No.114), entitled
2 "A supplement to the act of July 3, 1987 (P.L.190, No.26),
3 entitled 'An act providing for the capital budget for the
4 fiscal year 1987-1988,' itemizing public highway projects to
5 be constructed by the Department of Transportation, together
6 with the estimated financial costs; authorizing the incurring
7 of debt without the approval of the electors for the purpose
8 of financing the projects to be constructed by the Department
9 of Transportation; stating the estimated useful life of the
10 projects; and making appropriations," amending a project in
11 Armstrong County; and increasing the debt authorization and
12 appropriation.
13 The General Assembly of the Commonwealth of Pennsylvania
14 hereby enacts as follows:
15 Section 1. Section 2 of the act of October 21, 1988
16 (P.L.962, No.114), known as the Highway Supplement to the
17 Capital Budget Act of 1987-1988, amended March 13, 1990 (P.L.75,
18 No.16), is amended to read:
19 Section 2. Authorization.
20 The total authorization for the capital projects in the
21 category of highway projects itemized in section 3 and to be
22 constructed by the Department of Transportation, its successors
1 or assigns, and to be financed by the incurring of debt, or from
2 current revenues of the Motor License Fund, shall be
3 [$2,289,667,000] $2,296,052,000.
4 Section 2. Section 3(2)(iii) of the act is amended to read:
5 Section 3. Itemization.
6 Additional capital projects in the category of public highway
7 projects to be constructed by the Department of Transportation,
8 its successors or assigns, and to be financed by the incurring
9 of debt, or from current revenues of the Motor License Fund, are
10 hereby itemized, together with their respective estimated
11 financial costs, as follows:
12 Total
13 Project
14 Project Allocation
15 * * *
16 (2) Armstrong County
17 * * *
18 (iii) S.R.4023
19 [(A) Tarrtown Road, Applewold to West
20 Mosgrove, East Franklin Township,
21 reconstruct existing road, Length 5.0
22 miles 460,000
23 (Base Project Allocation - $400,000)
24 (Land Allocation - $40,000)
25 (Design and Contingencies - $20,000)]
26 (A) Tarrtown Road, East Franklin Township,
27 two-lane rehabilitations and landslide
28 corrections, Length 8.82 miles 8,265,000
29 (Base Project Allocation - $7,935,000)
30 (Land Allocation - $110,000)
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1 (Design and Contingencies - $220,000)
2 * * *
3 Section 3. Sections 5 and 8 of the act, amended March 13,
4 1990 (P.L.75, No.16), are amended to read:
5 Section 5. Debt authorization.
6 The Governor, Auditor General and State Treasurer are hereby
7 authorized and directed to borrow, from time to time, in
8 addition to any authorization heretofore or hereafter enacted,
9 on the credit of the Commonwealth, subject to the limitations
10 provided in the current capital budget, money not exceeding in
11 the aggregate the sum of [$2,289,667,000] $2,296,052,000 as may
12 be found necessary to carry out the acquisition and construction
13 of the highway projects, specifically itemized in section 3 of
14 this capital budget.
15 Section 8. Appropriation.
16 The net proceeds of the sale of the obligations herein
17 authorized are hereby appropriated from the Capital Facilities
18 Fund to the Pennsylvania Department of Transportation in the
19 maximum amount of [$2,289,667,000] $2,296,052,000 to be used by
20 it exclusively to defray the financial costs of the projects
21 specifically itemized in section 3 of this capital budget. After
22 reserving or paying the expenses of the sale of the obligation,
23 the State Treasurer shall pay out to the Pennsylvania Department
24 of Transportation the moneys as required and certified by it to
25 be legally due and payable.
26 Section 4. This act shall take effect immediately.
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