2017 Session

Budget Bill - HB1500 (Enrolled)

Central Capital Outlay

Item C-45.10

Item C-45.10

First Year - FY2017Second Year - FY2018
Central Reserve for Capital Equipment Funding (17954)$0$19,584,500
Fund Sources:  
Bond ProceedsFY2017 $0FY2018 $19,584,500

A. 1. The capital projects in paragraph B of this Item are hereby authorized and may be financed in whole or in part through bonds of the Virginia College Building Authority, pursuant to § 23.1-1200 et seq., Code of Virginia, or the Virginia Public Building Authority pursuant to § 2.2-2260, Code of Virginia. Bonds of the Virginia College Building Authority issued to finance these projects may be sold and issued under the 21st Century College Program at the same time with other obligations of the Authority as separate issues or as a combined issue. The aggregate principal amount shall not exceed $19,584,500 plus amounts to fund issuance costs,reserve funds, original issue discount, interest prior to and during the acquisition or construction and for one year after completion thereof, and other financing expenses.

2. From the list of projects included in paragraph B of this Item, the Director, Department of Planning and Budget, shall provide the Chairmen of the Virginia College Building Authority and the Virginia Public Building Authority with the specific projects, as well as the amounts for these projects, to be financed by each authority within the dollar limit established by this authorization.

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

B. There is hereby appropriated $19,584,500 in the second year from bond proceeds of the Virginia College Building Authority or the Virginia Public Building Authority to provide funds for equipment for the following projects for which construction was previously provided.

Agency Name/Project Title

Department of Conservation and Recreation (199)

Construct Widewater State Park (18056)

Renovate Historic Building, Walnut Valley Farm, Chippokes Plantation State Park (18159)

Wilson Workforce and Rehabilitation Center (203)

Renovate and Expand Anderson Vocational Training Building, Phase II (18160)

Virginia Polytechnic Institute and State University (208)

Renovate or Renew Academic Buildings (18065)

Virginia State University (212)

Renovate Lockett Hall (17511)

Longwood University (214)

Construct Admissions Office (18083)

Virginia Cooperative Extension and Agricultural Experiment Station (229)

Improve Kentland Facilities, Phase I (17830)

Virginia Community College System (260)

Replace Anderson Hall, Virginia Western (17991)

Replace Academic and Administration Building, Eastern Shore (18076)

Renovate Engineering and Industrial Technology Building, Danville (18077)

Construct Student Service and Learning Resources Center, Christianna Campus, Southside Virginia (18079)

Renovate Bird Hall and Renovate/Expand Nicholas Center, Chester Campus, John Tyler (18029)

Virginia Institute of Marine Science (268)

Construct Facilities Management Building (18088)

Department of Corrections (799)

Acquire Richmond P&P Office (18063)