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 paragraph through the issuance of revenue bonds in aggregate principal amounts not to exceed $125,000,000 $132,065,000, 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.
B.1. In the first year, the Director, Department of Planning and Budget, shall transfer general fund amounts estimated at $55,000,000 to this Item from the projects listed in this paragraph. The Director, Department of Planning and Budget, may direct the restoration of any portion of the transferred amount if the director shall subsequently verify an unpaid obligation cannot be paid as a result of this transfer.
2. The Virginia Public Building Authority is authorized to finance the capital projects listed in this paragraph through the issuance of revenue bonds in the aggregate principal amounts not to exceed $55,000,000, 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. In the first year, 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 and project code:
Agency Code | Project Code |
146 | 16783 |
194 | 14008 |
194 | 16881 |
194 | 16967 |
194 | 17091 |
194 | 17490 |
194 | 17499 |
199 | 16937 |
199 | 17496 |
203 | 15825 |
203 | 17229 |
203 | 17443 |
218 | 17435 |
238 | 16495 |
238 | 17170 |
238 | 17353 |
263 | 17230 |
425 | 17209 |
425 | 17455 |
702 | 17231 |
720 | 16726 |
720 | 16973 |
720 | 17140 |
720 | 17211 |
720 | 17227 |
720 | 17228 |
720 | 17276 |
720 | 17456 |
799 | 15200 |
799 | 15755 |
799 | 16104 |
799 | 16110 |
799 | 16113 |
799 | 16115 |
799 | 16424 |
799 | 16426 |
799 | 16732 |
799 | 16990 |
799 | 16991 |
799 | 16993 |
799 | 17139 |
799 | 17260 |
799 | 17263 |
799 | 17264 |
799 | 17265 |
799 | 17266 |
948 | 16864 |
123 | 17245 |
156 | 17250 |
156 | 17504 |
777 | 15203 |
777 | 15204 |
777 | 17254 |
777 | 17255 |
777 | 17257 |
778 | 17173 |
778 | 17459 |
912 | 16249 |
942 | 14439 |
4. The appropriations for the capital projects contained in this Item are subject to paragraph F. of § 2-0 of this act.
C.1. The Virginia Public Building Authority is authorized to finance the capital projects listed in this Paragraph through the issuance of revenue bonds in the aggregate principal amounts not to exceed $7,640,938, 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.
2. In the second year, 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 and project code:
Agency Code | Project Code |
| |
238 | 16495 |
777 | 16723 |
799 | 17267 |
3. The appropriations for the capital projects contained in this Item are subject to paragraph F. of § 2-0 of this act.