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 $315,551,500 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, to finance the capital costs of the projects 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. The appropriations for the following authorized projects are contained in the appropriation Items listed:
Agency Name/Project Title | Project Code | Item | VPBA Bonds |
Department of Military Affairs (123) | | | |
Replace/Install Fire Safety Systems in Readiness Centers | 18318 | C-62 | $3,000,000 |
Department of State Polics (156) | | | |
Upgrade Statewide Radio System (STARS) Network | 18414 | C-56 | $80,000,000 |
Department of General Services (194) | | | |
Renovate and Repair Fort Monroe | 18191 | C-1 | $17,800,000 |
Department of Conservation and Recreation (199) | | | |
New Revenue Generating Cabins | 18492 | C-48 | $41,900,000 |
Make Critical Infrastructure Repairs and Residences at Various State Parks | 18366 | C-42 | $25,000,000 |
Renovation of Existing Revenue Generating Cabins | 18490 | C-46 | $31,158,000 |
Revenue Generating Facilities | 18491 | C-47 | $10,000,000 |
Soil and Water District Dam Rehabilitation | 18489 | C-45 | $20,000,000 |
State Park Shoreline Erosion Projects | 18484 | C-44 | $5,000,000 |
Marine Resources Commission (402) | | | |
Oyster Reef Restoration | 18479 | C-54 | $10,000,000 |
Department for the Blind and Vision Impaired (702) | | | |
Improve campus infrastructure | 18488 | C-39 | $1,223,500 |
Department of Behavioral Health and Developmental Services (720) | | | |
Address patient and staff safety issues at state facilities | 18365 | C-38 | $13,600,000 |
Make infrastructure repairs to state facilities | 18307 | C-37 | $26,870,000 |
Department of Corrections (799) | | | |
DOC Capital Infrastructure Fund | 18480 | C-55 | $30,000,000 |
| | | | |
Total VPBA Bonds | | | $315,551,500 |