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1998 Special Session I

Budget Bill - SB4001 (Introduced)

Nongeneral Obligation Bonds 9(D)

Item C-9

Item C-9

First Year - FY1999Second Year - FY2000
Debt Bonds 9(D) (15785)$192,722,000$3,113,000
Fund Sources:  
Debt ServiceFY1999 $192,722,000FY2000 $3,113,000

A.1. Authorization of projects to be financed pursuant to Article X, Section 9(d), of the Constitution of Virginia.


2. The appropriations in this item are subject to the conditions in § 2-0. H. of this act.


3. The amounts listed in Item C-9 total $195,835,000 in bond proceeds.


Agency Name/Project

Project Code

9(D) Bonds Fund

Total

OFFICE OF EDUCATION

CWM

Marshall-Wythe Library, North Wing Addition

15864 $1,917,000 $1,917,000
UVA

Scott Stadium Expansion

15923 60,000,000 60,000,000

Biomedical Engineering and Medical Sciences

15924 30,024,000 30,024,000

Parking Shelf for 250 Cars

16097 2,000,000 2,000,000
VPI

Substation Expansion

16098 3,800,000 3,800,000

Special Purpose Housing, Phase III

15803 10,658,000 10,658,000

Parking Auxiliary

14815 2,200,000 2,200,000

Infectious Waste Disposal Unit Supplement

15232 800,000 800,000
UVA Medical Center

Acquire Medical Office Building

16062 9,000,000 9,000,000
MWC

Replace Tennis Courts

16099 1,047,000 1,047,000
JMU

Main Campus Parking Deck

16100 6,261,000 6,261,000

College of Integrated Science and Technoloy, Student Services Building, Phase II

16221 9,879,000 9,879,000

Miller Hall Chemistry Lab Renovation

16220 2,580,000 2,580,000
VCU

Sanger Hall Improvements

16090 3,113,000 3,113,000

School of Social Work

16070 7,983,000 7,983,000

Sciences Building

15883 4,744,000 4,744,000

VCU Sports Medicine Center

16069 3,176,000 3,176,000

Renovations to Parking Deck "D", Supplement

15868 1,200,000 1,200,000
CVC

Athletic Fields

15964 6,000,000 6,000,000

Student Services Center

16219 8,000,000 8,000,000
GMU

Parking Garage Expansion

16103 4,000,000 4,000,000
ODU

Parking Deck on Lot 30

16089 6,025,000 6,025,000
VCCS

Parking Improvements, Midlothian Campus, John Tyler

16218 1,479,000 1,479,000
CNU

Sports, Wellness and Convocation Center

15887 9,960,000 9,960,000
TOTAL FOR NONGENERAL OBLIGATION BONDS 9(D) $195,835,000 $195,835,000

New Construction: Central Chilled Water Plant (16101)


B.1. The General Assembly authorizes Virginia Commonwealth University, with approval of the Governor, to construct a central chilled water plant and distribution system on, or in close proximity to, the University's MCV Campus. This project must be consistent with the guidelines of the Department of General Services and comply with the Alternative Construction and Financing Guidelines issued by the Secretary of Finance on July 1, 1992.


2. The General Assembly authorizes Virginia Commonwealth University to enter into a written agreement with a public or private entity: 1) to design, construct, finance and operate a central chilled water facility to serve the University's MCV Campus, and 2) to recover costs from operational savings attributable to such project. The facility may be located on property owned by the Commonwealth. All project proposals and approvals shall be in accordance with the guidelines cited in paragraph 1 of this item.


New Construction: Student Residence Hall (16093)


C.1. The General Assembly authorizes Virginia Commonwealth University, with approval of the Governor, to explore and evaluate an alternative financing scenario to provide the additional student housing. This project must be consistent with the guidelines of the Department of General Services and comply with the Alternative Construction and Financing Guidelines issued by the Secretary of Finance on July 1, 1992.


2. The General Assembly authorizes Virginia Commonwealth University to enter into written agreement with a public or private entity to design, construct, and finance a facility to provide additional student housing. The facility or facilities may be located on property owned by the Commonwealth. All project proposals and approvals shall be in accordance with the guidelines cited in paragraph 1 of this item.


3. If the University chooses not to utilize its 9(c) revenue bond authorization as provided in Item C-8 of this act, the University may pursue financing for this project pursuant to Article X, §9(d) of the Constitution of Virginia as provided in this item.


D. The General Assembly authorizes Old Dominion University to construct a parking deck on lot 30 provided the University does not increase its comprehensive student fees to cover the project's debt service. Prior to the issuance of bonds, the university must certify, in writing to the Departments of Planning and Budget and Treasury, that the University's comprehensive fee will not increase to support the debt service.


E. Omitted


Scott Stadium Expansion (16098)


F. Notwithstanding the provisions of § 11-41 C.2. (ii), Code of Virginia, the University of Virginia is authorized to engage in competitive negotiation for the construction of the Scott Stadium Expansion Project.