Item C-52.10 | First Year - FY2025 | Second Year - FY2026 |
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2025 Public Educational Institution Capital Account (18763) | $795,375,294 | $0 |
Fund Sources: | | |
General | FY2025 $626,043,774 | FY2026 $0 |
Higher Education Operating | FY2025 $144,800,000 | FY2026 $0 |
Bond Proceeds | FY2025 $24,531,520 | FY2026 $0 |
A. There is hereby appropriated $626,043,774 the first year from the general fund and $169,331,520 the first year from nongeneral fund resources, including amounts authorized from bonds pursuant to Article X, Section 9(d), Constitution of Virginia, as specified in Item C-59 of this Act, to provide funds for the construction, acquisition, and other capital costs of the following projects subject to the pool process delineated in Section 2.2-1515 et. seq., Code of Virginia:
Agency Code | Agency Title | Project Title | |
204 | The College of William and Mary in Virginia | Replace Law School Central Utility Plant | |
207 | University of Virginia | Construct Center for the Arts (18602) | |
208 | Virginia Polytechnic Institute and State University | Expand Virginia Tech-Carilion School of Medicine and Fralin Biomedical Research Institute (18682) | |
212 | Virginia State University | Renovate Virginia Hall (18757) | |
214 | Longwood University | Replace Roof, Windows, and External Doors Lankford Hall | |
216 | James Madison University | Renovate Johnston Hall (18758) | |
236 | Virginia Commonwealth University | Acquire Altria Building | |
260 | Virginia Community College System | Renovate Amherst/Campbell Hall, Central Virginia (18343) | |
268 | Virginia Institute of Marine Science | Construct Marine Operations Administration Complex (18746) | |
885 | Institute for Advanced Learning and Research | Expand Center for Manufacturing Advancement (18705) | |
B.1. The Department of General Services may serve as the project manager responsible for overseeing and coordinating the project to Renovate Virginia Hall (18757) with Virginia State University.
2. The scope of the project to Renovate Virginia Hall (212-18757) is hereby expanded to include the renovation of four smaller campus buildings at Virginia State University, as follows: Colson Hall, Lindsay Montague, Johnella Jackson, and Memorial Hall. The intent of these renovations is to provide near-term relocation of educational and general faculty and staff relocated from Virginia Hall. The scope of the projects shall include any needed updates to the buildings' critical systems, envelope, and/or other core elements as needed for the buildings to be utilized by the institution in the long term as educational and general office support space.
C. To execute the project titled "Acquire Altria Building," Virginia Commonwealth University (VCU) shall remit lease payments above the actual operating costs of the building to the general fund or shall reduce the general fund portion of the purchase price equal to the amount of such excess lease payments while VCU leases space in the building to Altria or any other entity not related to Virginia Commonwealth University or the Virginia Commonwealth University Health System Authority.