1997 Session

Budget Bill - HB1600 (Chapter 924)

Virginia Polytechnic Institute and State University

Item C-26.20

Item C-26.20

First Year - FY1997Second Year - FY1998
New Construction: Supplement to Advanced Communications and Information Technology Center (15747)$0$2,500,000
Fund Sources:  
SpecialFY1997 $0FY1998 $2,500,000

A. The funds in this item shall supplement those funds provided in Item C-7.10. of this Act for this project.

B. The source for the Special Funds appropriated by this Item shall be excess bond proceeds of the Virginia Public Building Authority. The Governor shall authorize the initiation of this project upon certification to him by the Virginia Public Building Authority that: an arbitrage rebate liability calculation has been completed, an affirmative opinion of bond counsel has been received, and excess bond proceeds of the Authority are available. The first priority for expenditure of any such excess proceeds shall be the project listed in this item, and the projects listed in Items C-17.10 (Virginia Community College System), C-45.20 (Virginia State University), C-32.50 (The College of William and Mary in Virginia), C-17.95 (Virginia Community College System), C-32.18 (George Mason University), C-36.22 (Norfolk State University), and C-36.45 (Longwood College).