2020 Session

Budget Bill - HB30 (Enrolled)

Central Capital Outlay

Item C-65

Item C-65

First Year - FY2021Second Year - FY2022
Central Reserve for Capital Equipment Funding (17954)$108,543,337$0
Fund Sources:  
Bond ProceedsFY2021 $108,543,337FY2022 $0

A. 1. The capital projects in paragraph B. of this Item are hereby authorized and may be financed in whole or 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 $108,543,337 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 costs.

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 $108,543,337 in the first 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

The Science Museum of Virginia (146)

Construct Parking Facility/Master Site Plan (18200)

Department of General Services (194)

Capitol Complex Infrastructure and Security (18081)

Seat of Government Swing Space and Repairs (18394)

Virginia Polytechnic Institute and State University (208)

Renovate Holden Hall (Engineering) (18267)

Fralin Biomedical Research Institute

Virginia Military Institute (211)

Renovate Preston Library (18203)

Improve Post Infrastructure Phase I, II, and III (18204)

Renovate Scott Shipp Hall (18270)

James Madison University (216)

Renovate Jackson Hall (18334)

Virginia Cooperative Extension and Agricultural Experiment Station (229)

Construct Livestock and Poultry Research Facilities - Phase I (18277)

Christopher Newport University (242)

Construct and Renovate Fine Arts and Rehearsal Space (18086)

George Mason University (247)

Improve IT Network Infrastructure (18339)

Construct / Renovate Robinson Hall, New Academic and Research Facility and Harris Theater Site (18207)

Virginia Institute of Marine Science (268)

Research Vessel (17950)

Department for the Blind and Vision Impaired (702)

Renovate the Departmental Headquarters Building (18164)

Department of Veterans Services (912)

Hampton Roads Veterans Care Center (17957)

Construct Northern Virginia Veterans Care Center (18212)