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2008 Session

Budget Bill - HB29 (Introduced)

Department of General Services

Item C-7.50

Item C-7.50

First Year - FY2007Second Year - FY2008
Improvements: Complete Open Stair Between Jefferson Building and Hill Building (17550)$0$570,000
Fund Sources:  
Dedicated Special RevenueFY2007 $0FY2008 $570,000

1. Out of this appropriation, $570,000 the second year is provided from excess proceeds of the Virginia Public Building Authority to complete the replacement of the open stair between the Jefferson Building and the Hill Building. 


2. The source of the funds for the debt service appropriation in this Item is excess proceeds from the bond defeasance and sale of the Main Street Station.  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.