Item C-48.10 | First Year - FY2017 | Second Year - FY2018 |
|---|---|---|
| Capital Outlay Project Pool (17967) | $0 | $27,698,000 |
| Fund Sources: | ||
| Bond Proceeds | FY2017 $0 | FY2018 $27,698,000 |
A. In addition to the amounts previously authorized in Item C-43, Chapter 2, 2014 Special Session I, Acts of Assembly, the Virginia Public Building Authority, pursuant to § 2.2-2260 et seq. of the Code of Virginia, is authorized to issue bonds in a principal amount not to exceed $27,698,000, plus amounts needed to fund issuance costs, reserve funds, original issue discount, interest prior to and during the acquisition or construction and for one year after completion thereof, and other financing expenses, to finance the capital costs of the projects described in paragraph C. of this Item.
B. Debt service on bonds issued under the authorization in this Item shall be provided from appropriations to the Treasury Board.
C. Included in the appropriation for this Item is $27,698,000 in bond proceeds the second year for the following purposes:
1.To supplement the funding for the following projects previously authorized in Item C-43, Chapter 2, 2014 Special Session I Acts of Assembly:
|
194--Department of General Services |
Make Critical Repairs and Improvements to Consolidated Lab (18148) |
|
411--Department of Forestry |
Construct Garages for Fire Dozers and Transports (18151) |
|
799--Department of Corrections |
Replace Fire Alarm Systems (18156) |
2. To fund the following project previously authorized for detailed planning in Item C-44, Chapter 2, 2014 Special Session I, Acts of Assembly and hereby authorized for construction:
|
799--Department of Corrections |
Upgrade Buckingham Wastewater Treatment Plant (18168) |
3. To fund the following project hereby authorized for construction:
|
Virginia School for the Deaf and the Blind (218) |
Repair Main Hall Exterior |
D. The Virginia School for the Deaf and the Blind shall submit a formal plan to the Secretary of Education to address the school's declining enrollment. The plan should specify current and future uses of Main Hall to ensure optimal utilization of the facility. The Governor is to provide final approval of the plan before any funding provided in this Item is released for repair to the exterior of the school's Main Hall.