Item C-45 | First Year - FY2019 | Second Year - FY2020 |
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New Construction: 2018 Capital Construction Pool (18371) | $216,471,500 | $0 |
Fund Sources: | | |
Bond Proceeds | FY2019 $216,471,500 | FY2020 $0 |
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 § 23-30.24 et seq., Code of Virginia, or the Virginia Public Building Authority pursuant to § 2.2-2263, 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 aggregrate principal amounts shall not exceed $216,471,500 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, in accordance with § 2.2-2263, Code of Virginia.
2. From the list of projects included in paragraph B of this Item, the Director, Department of Planning and Budget, shall provide to 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 these projects contained in this Item shall be provided from appropriations to the Treasury Board.
4. The appropriations for the capital projects in this Item are subject to the conditions in § 2.0 F. of this act.
B. There is hereby appropriated $216,471,500 the first year from bond proceeds of the Virginia College Building Authority or the Virginia Public Building Authority to provide funds for the construction and other capital costs of the following projects:
Agency Code | Agency Title | Project Title |
123 | Department of Military Affairs | Replace Army Aviation Support Facility |
146 | Science Museum of Virginia | New Exhibits, Danville Science Center (18317) |
156 | Department of State Police | Construct Area 13 Barracks |
194 | Department of General Services | Seat of Government Swing Space and Repairs |
| | ABC Warehouse and Administrative Offices |
| | Acquire New NCI Facility |
| | Expand Consolidated Labs, 1st floor |
229 | Virginia Cooperative Extension and Agricultural Experiment Station | Construct Virginia Seafood Agricultural Research and Extension Center (AREC) |
236 | Virginia Commonwealth University | Life Sciences Building Roof and HVAC Replacement |
238 | Virginia Museum of Fine Arts | Replace Roof and Drains on Pauley Center |
| | Replace Air Handling Units |
702 | Department for the Blind and Vision Impaired | Renovate Departmental Headquarters Building |
799 | Department of Corrections | Replace Hot Water and Heating Mechanical Systems--Sussex I & II and Red Onion |
| | Renovate Buckingham Wastewater Treatment Plant |
885 | Institute for Advanced Learning and Research | Construct Center for Manufacturing Advancement |
948 | Southwest Virginia Higher Education Center | Replace HVAC System |
C. Pursuant to authorization in Item 246 C.1. and C.2 of this act, funds are appropriated in this item to the Department of General Services for the New College Institute to prepare and execute the necessary agreements to acquire a new facility for its administrative operations, programs, and instructional and research activities.