Language Page 192, after line 11, insert:3. The comprehensive agreement shall provide for an operating or capital lease agreement, the term of which shall not exceed 20 years, or financing through the Virginia Public Building Authority. The Governor is authorized to establish the appropriate amount of the lease or financing for this project up to a total of $63,500,000. Prior to the issuance of long-term debt or the Commonwealth entering into some other operating or capital lease arrangement, the Department of Forensic Science is hereby authorized to utilize a Commonwealth of Virginia Treasury Anticipation Loan or other interim financing mechanism to initiate the planning, design, and other site preparation activities associated with this project." "C-194.05 New Northern Virginia Forensic Lab (17215)
Explanation(This amendment provides authority pursuant to an agreement under the Public-Private Partnership Educational Facilities and Infrastructure Act of 2002 for the new forensics lab in Northern Virginia. Once an agreement is signed the Department of Forensic Sciences shall commence with planning for this project utilizing a Treasury Loan. This amendment will be made to Item C-164.40, Chapter 951 of the Acts of Assembly of 2005, during enrolling of House Bill 29.)