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2008 Session

Budget Bill - HB30 (Chapter 879)

9(D) Revenue Bonds

Item C-182.10

Item C-182.10

First Year - FY2009Second Year - FY2010
Supplant Capital projects - VCBA (17644)$44,300,000$0
Fund Sources:  
Bond ProceedsFY2009 $44,300,000FY2010 $0

A.1. This Item shall constitute the authority for the Virginia College Building Authority to finance the 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 bonds pursuant to § 23-30.24 et seq. Code of Virginia in aggregate principal amounts not to exceed $230,000,000.  The Director, Department of Planning and Budget, shall provide the Chairman of the Virginia College 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.


2. The Director, Department of Planning and Budget, shall restore from proceeds of bonds authorized for issuance by the Virginia College Building Authority pursuant to § 23-30.24 et seq. 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

204

17189

0100

208

16713

0100

208

16792

0100

208

16793

0100

208

17424

0100

208

17494

0100

211

17119

0100

212

16798

0100

212

17306

0100

214

16301

0100

214

16802

0100

214

17017

0100

214

17317

0100

214

17323

0100

215

17325

0100

216

16808

0100

216

16809

0100

217

16813

0100

221

17339

0100

236

16403

0100

236

16825

0100

236

17452

0100

242

16774

0100

246

17362

0100

246

17451

0100

260

16178

0100

260

16501

0100

260

16614

0100

260

16718

0100

260

16837

0100

260

16841

0100

260

16850

0100

268

17489

0100


3.  The Director, Department of Planning and Budget, shall restore from proceeds of bonds authorized for issuance by the Virginia College Building Authority pursuant to § 23.20.24 et seq. 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.


4. Debt service on the projects contained in this Item shall be provided from appropriations to the Treasury Board.


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.