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2012 Special Session I

Budget Bill - HB1301 (Introduced)

Central Capital Outlay

Item C-39.10

Item C-39.10

A. The Virginia Port Authority is hereby granted approval to enter into a new capital lease to allow the Virginia Port Authority to purchase gantry cranes to handle increased container volumes at a terminal operated by the Authority. The equipment will be purchased through the Port Authority's master lease equipment program with debt service financed by terminal revenues. 


B. Consistent with Item C-44.20, Chapter 781, 2009 Virginia Acts of Assembly, the University of Mary Washington is authorized to enter into a written agreement with the University of Mary Washington Foundation to lease or operate foundation-owned facilities located on foundation-owned property that serve or enhance the university's student housing project plans and which include parcels adjacent to or contiguous with such student housing projects, or parcels in the immediate proximity of such projects, and which support the university's mission.