2020 Session

Budget Amendments - HB30 (Floor Approved)

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Central Capital - CHKD Technical Language (language only)

Item C-72 #1h

Item C-72 #1h

Central Appropriations
Central Capital Outlay


Page 505, after line 14, insert:

"A.1. Pursuant to § 2.2-2260 et seq. of the Code of Virginia, the Virginia Public Building Authority is authorized to issue bonds in an aggregate amount not to exceed $33,400,000 plus amounts needed to fund issuance costs, reserve funds, original issue discount, interest prior to and during acquisition, construction, or renovation and for one year after completion thereof, and other financing expenses, in order to finance the capital costs of the Department of Behavioral Health's share of the construction costs of a new mental health hospital for children to be constructed in Norfolk, Virginia by the Children's Hospital of the Kings Daughters (CHKD).  The General Assembly hereby appropriates the proceeds from any such bonds for the foregoing project.  Debt service on any such bonds for such project shall be provided from appropriations to the Treasury Board."

Page 505, strike lines 15 through 17 and insert:

"2. Funding in paragraph A.1. shall be contingent upon CHKD entering into a".


(This amendment makes technical language changes recommended by bond counsel to the proposed item.)