Cacapon bond bill passes Senate, faces House vote
A West Virginia Senate bill that could come up with financing for a planned and designed $23.5 million renovation at Cacapon State Park won support of the Senate, and faces final approval by the House of Delegates this week.
Senate Bill 362 would compel the state to set aside $3 million per year of video lottery revenue to pay debt service on bonds that would finance park improvements at Cacapon and at Beech Fork State Park.
The bill specifies that $5 million per year would go into the State Park Improvement Fund, starting this fiscal year. In 2013, an additional $3 million per year would be added to the fund to cover the designated projects.
SB 362 passed the Senate with a vote of 33-1 on February 29.
Now in the House, the bill must survive a second reading, which is where amendments are often added, and a third reading before a final vote.
Delegate Daryl Cowles said he has thrown a lot of work into shepherding the bill through the Legislature, and is staying optimistic that the funds could really be destined for the Morgan County project.
Under the plan, upgrades at Cacapon would include the addition of lodge rooms, expansion of the lodge, the addition of a spa and swimming pool, plus improvements to the park’s infrastructure and golf course.