Menu
2005 Session

Budget Bill - HB1500 (Chapter 951)

Department of General Services

Item C-1

Item C-1

First Year - FY2005Second Year - FY2006
Improvements: Phase I Improvements at the Seat of Government (16780)$4,433,000
$5,408,000
$0
Fund Sources: 
GeneralFY2005 $468,000FY2006 $0
Debt ServiceFY2005 $507,000FY2006 $0
Bond ProceedsFY2005 $4,433,000FY2006 $0

1.  Out of this appropriation, $118,000 the first year from the general fund and $507,000 the first year from excess proceeds of the Virginia Public Building Authority is provided to replace the west chiller in the General Assembly Office Building.


2. The source of funds for the debt service appropriation in this Item shall be excess proceeds of the Virginia Public Building Authority.  The Governor shall authorize the use of such funds for 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.