Item C-50 |
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A. 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 $32,600,000 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. The appropriations for the following authorized projects are contained in the appropriation Items listed:
| Agency Name/Project Title | Project Code | Item | VPBA Bonds |
| Department of Military Affairs (123) |
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| Improve Readiness Centers | 18369 | C-33 | $3,000000 |
| Department of General Services (194) |
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| Monroe Building Critical Systems Replacements | 18368 | C-1 | $13,600,000 |
| Department of Conservation and Recreation (199) |
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| Make Infrastructure Repairs and Improvemenst at Various State Parks | 18366 | C-24 | $4,000,000 |
| Virginia School for the Deaf and the Blind (218) |
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| Make System Infrastructure Repairs and Improvements | 18370 | C-3 | $2,000,000 |
| Department of Behavioral Health and Developmental Services (720) | |||
| Address Patient and Staff Safety Issues at State Facilities | 18365 | C-23 | $10,000,000 |
| Total VPBA Bonds | $32,600,000 |