A. The Virginia Public Building Authority, pursuant to § 2.2-2260 et seq. of the Code of Virginia, is authorized to issue bonds in a principal amount not to exceed $117,593,000, plus amounts needed 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, to finance the capital costs of the projects described in paragraph C. of this Item, including constructing, improving, furnishing, equipping, acquiring, and renovating buidings, facilities, improvements, and land therefor.
B. Debt service on bonds issued under the authorization in this Item shall be provided from appropriations to the Treasury Board.
C. The appropriations for the following authorized projects are contained in the appropriation Items listed:
|
Agency Name/Project Title
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Project Code
|
Item
|
VPBA Bonds
|
|
Department of Military Affairs (123)
|
|
|
|
|
Acquire Land for Readiness Centers
|
18309
|
C-34.10
|
$3,000,000
|
|
Renovate Roanoke Field Maintenance Shop
|
18310
|
C-34.20
|
$323,000
|
|
Department of General Services (194)
|
|
|
|
|
Repair the Exterior Envelope of Main Street Centre
|
18308
|
C-1.50
|
$2,500,000
|
|
Department of Behavioral Health and Developmental Services (720)
|
|
|
|
|
Make Infrastructure Repairs to State Facilities
|
18307
|
C-24.50
|
$7,000,000
|
|
Department of Alcoholic Beverage Control (999)
|
|
|
|
|
Acquire or Construct Central Office and Warehouse Facility
|
18305
|
C-31.50
|
$104,770,000
|