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2025 Session

Budget Bill - HB1600 (Introduced)

9(D) Revenue Bonds

Item C-59

Item C-59

1. This Item authorizes the capital projects listed below to be financed pursuant to Article X, Section 9(d), 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 $9,332,955 $40,864,475 in bond proceeds.


Agency Name/ Project Title

Item

Project

Section

Code

9(d) Bonds

James Madison University (216)

Improve East Campus Infrastructure Phase 3

C-50

18738

$9,332,955

Virginia Military Institute (211)

Construct Center for Leadership and Ethics Facility, Phase II, and Parking Structure

C-52.10

18542

$7,000,000

Virginia Polytechnic Institute and State University (208)

Expand Virginia Tech-Carilion School of Medicine and Fralin Biomedical Research Institute

C-52.10

18682

$24,531,520

Total for Nongeneral Fund Obligation Bonds 9(d)

$9,332,955

$40,864,475