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2024 Session

Budget Bill - SB30 (Introduced)

9(C) Revenue Bonds

Item C-58

Item C-58

A.1. This Item authorizes the capital projects listed below to be financed pursuant to Article X, Section 9(c), Constitution of Virginia.


2. The appropriations for said capital projects are contained in the appropriation Items listed below and are subject to the conditions in § 2-0 F. of this act.


3. The total amount listed in this Item includes $124,285,000 in bond proceeds.


Agency Name/ Project Title

Item

Project

Section

Code

9(c) Bonds

The College of William and Mary in Virginia (204)

Renovate Dormitories

C-4

18218

$5,000,000

Virginia State University (212)

Construct New Student Housing

C-20

18709

$95,465,000

James Madison University (216)

Renovate Spotswood Hall

C-7

18710

$23,820,000

Total for Nongeneral Fund Obligation Bonds 9(c)

$124,285,000