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2005 Session

Budget Amendments - HB1500 (Committee Approved)

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OCH Revenue Bond

Item C-3.30 #1h

Item C-3.30 #1h

First Year - FY2005 Second Year - FY2006
Administration
General Services, Department of FY2005 $0 FY2006 ($7,600,000) GF
FY2005 $0 FY2006 $7,600,000 NGF

Language
Page 487, after line 38, insert:
"The Department of General Services may examine the feasibility of using revenue supported bonds of the Virginia Public Building Authority to purchase Old City Hall.  The lease payments from current tenants and rent charges to stage agencies which occupy the building shall be used to cover the cost of debt service and operations and maintenance."


Explanation
(This amendment is self-explanatory.)