Item C-47 | First Year - FY2019 | Second Year - FY2020 |
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2016 VPBA Capital Construction Pool (18300) | $7,500,000 | $0 |
Fund Sources: | | |
Bond Proceeds | FY2019 $7,500,000 | FY2020 $0 |
A. In addition to the amounts previously authorized in Enactment 1, § 1 A. of Chapters 759 and 769, 2016 Acts of Assembly, the Virginia Public Building Authority, pursuant to § 2.2-2260 et seq., Code of Virginia, is authorized to issue bonds in a principal amount not to exceed $7,500,000, 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 costs of the project described in paragraph C. of this Item.
B. Debt service on bonds issued under the authorization in this Item shall be provided from appropriations to the Treasury Board.
C. Included in the appropriation for this Item is $7,500,000 in bond proceeds the first year for the following project:
199-Department of Conservation
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Renovate Various Cabins (18265)
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D. The title and scope of the capital project for the Department of Forensic Science, titled, "Expand Central Forensic Laboratory and Office of the Chief Medical Examiner Facility," authorized in Enactment 1, § 1 A. of Chapters 759 and 769 of the 2017 Acts of Assembly, is hereby changed to "Expand Current or Construct New Central Forensic Laboratory and Office of the Chief Medical Examiner."