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2005 Session

Budget Bill - HB1500 (Chapter 951)

Department of General Services

Item C-2

Item C-2

First Year - FY2005Second Year - FY2006
Acquisition: Acquire Virginia Retirement System Parking Deck (16996)$5,700,000$0
Fund Sources: 
Bond ProceedsFY2005 $5,700,000FY2006 $0

The Department of General Services shall prepare and release a plan to the Chairmen of the House Appropriations and Senate Finance Committees on or before December 1, 2005, on the feasibility of entering into a public-private partnership for the addition of an office structure on the top of the existing parking deck, including, but not limited to, entering into a comprehensive agreement with a private entity for the addition of such structure pursuant to the Public-Private  Education Facilities and Infrastructure Act of 2002 (§ 56-575.1 et seq., Code of Virginia).  In addition, the plan shall identify the proposed tenants who will be occupying the structure upon completion.