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2021 Special Session I

Budget Bill - SB1100 (Introduced)

View Item amendments

Central Capital Outlay

Item C-76

Item C-76

A. The Virginia College Building Authority, pursuant to § 23.1-1200 et seq. of the Code of Virginia, is authorized to issue bonds in a principal amount not to exceed $62,312,208 $100,007,208 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

VCBA Bonds

College of William and Mary (204)

Repair Sanitary Sewer Lines

18474

C-8

$3,750,000

George Mason University (247)

Improve Technology Infrastructure, Phase II

18487

C-12

$12,250,000

Old Dominion University (221)

Campus Wide Stormwater Improvements

18476

C-19

$5,241,702

Virginia Community College System (260)

Re-roof and Replace HVAC - Multiple Buildings, Statewide

18483

C-23

$16,000,000

Replace HVAC Franklin Campus, Paul D. Camp

18501

C-24.10

$2,200,000

Virginia Polytechnic Institute and State University (208)

Address Life, Health, Safety, Accessibility and Code Compliance

18478

C-33

$3,100,000

Virginia State University (212)

Improve and Replace Technology Infrastructure

18475

C-35

$11,471,000

Improve Infrastructure for Campus Safety, Security, Energy Reduction and System Reliability

18481

C-36

$8,299,506

Improve Heating, Air Conditioning and Ventilation Campuswide for Infectious Aerosol Control

18530

C-36.10

$33,980,000

Longwood University (214)

Replace Major HVAC Controls and Equipment -- COVID-19 Response

18538

C-17.50

$3,715,000

Total VCBA Bonds

$62,312,208

$100,007,208