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2012 Special Session I

Budget Bill - HB1300 (Chapter 2)

University of Virginia

Item C-50.05

Item C-50.05 (Not set out)

First Year - FY2011Second Year - FY2012
Improvements: Renovate the Rotunda (17915)$0$4,690,000
Fund Sources: 
Higher Education OperatingFY2011 $0FY2012 $2,000,000
Bond ProceedsFY2011 $0FY2012 $2,690,000

This Item authorizes the capital project listed above to be financed pursuant to Article X, Section 9(d) of the Constitution of Virginia. This paragraph shall constitute the authority for the Virginia College Building Authority to finance the project by the issuance of revenue bonds in aggregate principal amounts not to exceed $2,690,000, plus amounts to fund related issuance costs, reserve funds, and other financing expenses, in accordance with § 2.2-2263 of the Code of Virginia.