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2021 Special Session I

Budget Bill - HB1800 (Enrolled)

Central Capital Outlay

Item C-68

Item C-68

First Year - FY2021Second Year - FY2022
2020 VCBA Capital Construction Pool (18494)$701,261,508
$893,261,508
$0
Fund Sources: 
Bond ProceedsFY2021 $701,261,508
$893,261,508
FY2022 $0

A. 1. The capital projects in paragraph C. 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 § 23.1-1200 et seq., Code of Virginia, in a principal amount not to exceed $701,261,508 $893,261,508 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. 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.


2. From the list of projects included in paragraph C. of this Item, the Director, Department of Planning and Budget, shall provide to the Chairmen of the Virginia College Building Authority with the specific projects, as well as the amounts for these projects, to be financed by the 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.


4. The appropriations for the capital projects in this Item are subject to the conditions in § 2-0 F. of this act.


B. In addition to the appropriation and bond authorization authorized by this Item, the Director, Department of Planning and Budget, shall transfer unutilized Virginia College Building Authority (VCBA) bond authorization and appropriation from the projects listed below, in the amounts shown, to this project for funding the projects listed in paragraph C:



Agency No.

Project No.

Initial Authorization

Amount

214

17317

Item C-72, Chapter 3, 2006 Acts of Assembly, Special Session I

$5,164,799.00

216

18173

Item C-8.30, Chapter 665, 2015 Acts of Assembly

$436,965.00

951

15867

Item C-7.10, Chapter 912, 1996 Acts of Assembly

$2,068,306.00

951

17644

Item C-182.10, Chapter 879, 2008 Acts of Assembly

$624,422.00



C. There is hereby appropriated  $701,261,508 $893,261,508 the first year from bond proceeds of the Virginia College Building Authority to provide funds for the construction and other capital costs of the following projects:



Agency

Agency Title

Project Title

Code

   
     

204

The College of William and Mary

Replace Swem Library Windows

204

The College of William and Mary

Construct Integrated Science Center, Phase IV (18329)

207

University of Virginia

Renovate Physics Building (18330)

208

Virginia Polytechnic and State University

Construct Undergraduate Laboratory Building (18332)

211

Virginia Military Institute

Improvements to Post Wide Safety and Security Phase 1

211

Virginia Military Institute

Renovate and Expand Engineering and Laboratory Facilities

212

Virginia State University

Demolish/Replace Daniel Gym and Demolish Harris Hall, Phase I (18333)

212

Virginia State University

Construct Admissions Building

212

Virginia State University

Waterproof Campus Buildings

213

Norfolk State University

Science Building Replacement (18385)

213

Norfolk State University

Replace Physical Plant Building

214

Longwood University

Renovate / Expand Environmental Health & Safety and Facilities Annex Building (18384)

217

Radford University

Renovation / Construction Center of Adaptive Innovation and Creativity (CAIC) (18386)

221

Old Dominion University

Construct Health Sciences Building (18335)

241

Richard Bland College

Construct Center for Innovation and Educational Development (18337)

242

Christopher Newport University

Improvements - Infrastructure Repairs

246

University of Virginia's College at Wise

Renovate/Convert Wyllie Library (18338)

247

George Mason University

Expand Central Plant Capacity

260

Virginia Community College System

Renovate Godwin Building, Annandale Campus, Northern Virginia (18087)

260

Virginia Community College System

Replace Diggs/Moore/Harrison Complex, Hampton, Thomas Nelson (18341)

260

Virginia Community College System

Construct Advanced Technical Training Center, Piedmont Virginia (18343)

260

Virginia Community College System

Replace French Slaughter Building, Germanna (18340)

948

Southwest Virginia Higher Education Center

Replace Windows