Item C-181.10 | First Year - FY2009 | Second Year - FY2010 |
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|
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Supplant Capital Project - VPBA (17643) | $10,700,000 | $0 |
Fund Sources: | | |
Bond Proceeds | FY2009 $10,700,000 | FY2010 $0 |
A.1. This Item authorizes capital projects to be financed pursuant to Article X, Section 9(d) of the Constitution of Virginia.
2. This paragraph shall constitute the authority for the Virginia Public Building Authority to finance capital projects contained in Item C-326.30 of HB 29 as enacted by the 2008 Session of the General Assembly as well as the following capital projects listed in this Item through the issuance of revenue bonds in aggregate principal amounts not to exceed $125,000,000, plus amounts to fund related issuance costs, reserve funds, and other financing expenses, in accordance with § 2.2-2263 of the Code of Virginia. The Director, Department of Planning and Budget, shall provide the Chairman of the Virginia Public Building Authority with the specific projects as well as the amounts for those projects to be financed within the dollar limit established by this authorization.
3. The Director, Department of Planning and Budget, shall restore from proceeds of bonds authorized for issuance by the Virginia Public Building Authority pursuant to § 2.2-2263 of the Code of Virginia, an amount equivalent to the general fund appropriation reverted from the following capital projects listed in the table below by agency, fund code, and project code:
Agency Code | Project Code | Fund Code |
194 | 17091 | 0100 |
194 | 17490 | 0100 |
199 | 16937 | 0100 |
425 | 17209 | 0100 |
702 | 17231 | 0100 |
720 | 17140 | 0100 |
777 | 17179 | 0100 |
799 | 16110 | 0100 |
799 | 16113 | 0100 |
4. The Director, Department of Planning and Budget, shall restore from proceeds of bonds authorized for issuance by the Virginia Public Building Authority pursuant to § 2.2-2263 of the Code of Virginia, an amount equivalent to the general fund appropriation reverted from the capital projects contained in Item C-326.30 of HB 29 as enacted by the 2008 Session of the General Assembly.
5. The appropriations for the capital projects contained in this Item and in Item C-326.30 of HB 29, as enacted by the 2008 Session of the General Assembly, are subject to paragraph F. of § 2-0 of this act.