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2020 Session

Budget Amendments - SB29 (Member Request)

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Chief Patron: Governor Northam
GMU-Equipment Funding for Capital Project

Item C-43 #1g

Item C-43 #1g

First Year - FY2019 Second Year - FY2020
Central Appropriations
Central Capital Outlay FY2019 $0 FY2020 $11,315,000 NGF

Language
Page 224, line 31, strike "$46,041,000" and insert "$57,356,000".

Page 224, line 31, after "C-43.", strike "Not set out." and insert:

                        

"Item C-43

First Year
FY2019

Second Year
FY2020

“Central Reserve for Capital Equipment Funding (17954)

$59,997,000

$46,041,000

$57,356,000

Fund Sources:

Bond Proceeds

$59,997,000

$46,041,000

$57,356,00

A. 1. The capital projects in paragraph B. of this item are hereby authorized and may be financed in whole or part through bonds of the Virginia College Building Authority, pursuant to § 23.1-1200 et seq., Code of Virginia, or the Virginia Public Building Authority, pursuant to § 2.2-2260, Code of Virginia. Bonds of the Virginia College Building Authority issued to finance these projects may be sold and issued under the 21st Century College Program at the same time with other obligations of the Authority as separate issues or as a combined issue. The aggregate principal amount shall not exceed $106,038,000 $117,353,000 plus amounts 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 costs.

2. From the list of projects included in paragraph B of this item, the Director, Department of Planning and Budget, shall provide the Chairmen of the Virginia College Building Authority and the Virginia Public Building Authority with the specific projects, as well as the amounts for these projects, to be financed by each authority within the dollar limit established by this authorization.

3. Debt service on the projects contained in this item shall be provided from appropriations to the Treasury Board.

B. There is hereby appropriated $59,997,000 in the first year and $46,041,000 $57,356,000 in the second year from bond proceeds of the Virginia College Building Authority or the Virginia Public Building Authority to provide funds for equipment for the following projects for which construction was previously provided.

Agency Name/Project Title

                                                                                  

Department of Conservation and Recreation (199)

Construct Various Cabins at Pocahontas and Powhatan State Parks (18264)

Renovate Foster Falls Hotel at New River Trail State Park (18298)

College of William and Mary (204)

Construct Fine and Performing Arts Facility, Phases I & II (18292)

University of Virginia (207)

Renovate Gilmer Hall and Chemistry Building (18082)

Renovate Space for the Center for Human Therapeutics (18291)

Virginia Tech (208)

VT Carilion Research Institute Biosciences Addition (18269)

Longwood University (214)

Construct New Academic Building (18084)

University of Mary Washington (215)

Construct Jepson Science Center Addition (18367)

Convert and Renovate Seacobeck Hall (18297)

James Madison University (216)

Construct New College of Business (18273)

Renovate Wilson Hall (18274)

Radford University (217)

Renovate Curie and Reed Halls (18275)

School for the Deaf and Blind (218)

Renovate Bradford Hall (18276)

Old Dominion University (221)

Construct New Chemistry Building (18068)

Virginia Commonwealth University (236)

Construct School of Allied Health Professions Building (18206)

Construct School of Engineering Research Expansion (18243)

Christoper Newport University (242)

New Library, Phase II (18074)

George Mason University (247)

Construct Utilities Distribution Infrastructure (18208)

Construct/Renovate Robinson Hall, New Academic and Research Facility and Harris Theater Site (18207)

Virginia Community College System (260)

Construct Bioscience Building, Blue Ridge (18078)

Construct Academic Building, Fauquier Campus, Lord Fairfax (18161)

Replace Academic and Administrative Building, Eastern Shore (18076)

Eastern Virginia Medical School (274)

Construct New Education and Academic Administration Building (18284)

Department of Behavioral Health and Developmental Services (720)

Expand Western State Hospital (18210)

Construct New Sexually Violent Predator Facility (18166)”.



Explanation

(This amendment adds equipment funding for George Mason University's "Construct/Renovate Robinson Hall, New Academic and Research Facility and Harris Theater Site" project. The main portion of this project is anticipated to open in December 2020.)