Source: https://budget.lis.virginia.gov/amendment/2015/1/SB800/Introduced/FA/C-43/1s/
Timestamp: 2019-09-17 02:12:20
Document Index: 45865594

Matched Legal Cases: ['§ 23', '§ 2', '§ 2', '§ 2', '§ 23', '§ 22', '§ 2', '§ 2']

C-43#1s (CCO) Central Capital Outlay - Increase Stormwater Local Assistance Fund. SB800 - Floor Approved
Bill Order » Item C-43 #1s
Central Capital Outlay - Increase Stormwater Local Assistance Fund
Central Capital Outlay FY2015 $0 FY2016 $10,000,000 NGF
Page 490, line 49, strike "$0" and insert "$10,000,000".
Page 491, line 37, after "$20,000,000" insert: "in the first year and $10,000,000 in the second year".
Page 491, line 41, after "year" insert "and $10,000,000 in the second year".
(This amendment provides $10.0 million in VPBA bond proceeds in the second year for the Stormwater Local Assistance Fund.)
Capital Outlay Project Pool (17967) $119,421,164 $0
Trust and Agency FY2015 $400,000 FY2016 $0
Federal Trust FY2015 $1,885,500 FY2016 $0
Bond Proceeds FY2015 $117,135,664 FY2016 $0
A. 1. The capital projects in paragraph B. 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 § 23-30.24 et seq., Code of Virginia, or the Virginia Public Building Authority pursuant to § 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. The aggregate principal amounts will not exceed $53,473,000 $55,135,664 plus amounts to fund related issuance costs, and other financing expenses, in accordance with § 2.2-2263 of the Code of Virginia.
B. 1. It is hereby appropriated $55,135,664 from bond proceeds and $2,285,500 from nongeneral fund sources in the first year for the projects listed in this section.
Rehabilitate or replace South Hill and Emporia Area Offices
Replace James River Storage Tank on River Road
Renovate Waller Depot Complex
Renovate Ann Mason Visitor Center and Adjacent Buildings (Interior and Exterior)
Renovate / Expand Faberge Gallery
Renovate / Expand Claude Moore Building
Renovate Research Labs
2. The projects for the Department of Behavioral Health and Developmental Services in paragraph B.1. are authorized for Eastern State Hospital, Catawba Hospital, Piedmont Geriatric Hospital, Central Virginia Training Center, Commonwealth Center for Children and Adolescents, Southwest Virginia Mental Health Institute, and Hiram W. Davis Medical Center.
C. 1. A total of $20,000,000 plus amounts to fund related issuance costs, and other financing expenses is hereby authorized for issuance in the first year by the Virginia Public Building Authority pursuant to § 2.2-2263, Code of Virginia for water quality projects as set out in this paragraph.
2. There is hereby appropriated $20,000,000 in the first year from such bond proceeds, for the Stormwater Local Assistance Fund, established in Item 363 of this act and administered by the Department of Environmental Quality. In accordance with the purpose of the Fund, the bond proceeds shall be used to provide grants solely for capital projects, including: i) new stormwater best management practices; ii) stormwater best management practice retrofits; iii) stream restoration; iv) low impact development projects; v) buffer restoration; vi) pond retrofits; and vii) wetlands restoration. Such grants shall be in accordance with eligibility determinations made by the Department of Environmental Quality.
E. 1. The Virginia College Building Authority, pursuant to § 23-30.24 et seq., Code of Virginia, or the Virginia Public Building Authority pursuant to § 22-2263, Code of Virginia, is authorized to issue bonds to finance in whole or in part capital projects authorized in Item C-38.10, Chapter 1, 2014 Special Session I Acts of Assembly. The aggregate principal amounts will not exceed $19,500,000 plus amounts to fund related issuance costs and other financing expenses, in accordance with § 2.2-2263, Code of Virginia.
2. From the list of projects in Item C-38.10, Chapter 1, 2014 Special Session I Acts of Assembly, the Director of the Department of Planning and Budget shall provide the Chairmen of the Virginia College Building Authority and the Virginia Public Building Authority with the specific projects, as well as the amounts for these projects, to be financed by each authority within the dollar limits established by this authorization.
3. Debt service on the bonds issued under the authorization in this paragraph shall be provided from appropriations to the Treasury Board.
F. It is hereby appropriated $19,500,000 from bond proceeds in the first year for the projects listed in Item C-38.10, Chapter 1, 2014 Special Session I Acts of Assembly. The appropriations for these projects are subject to the conditions in § 2.0 F. of this act.
G. The Director of the Department of Planning and Budget shall revert $19,500,000 in general fund appropriation in this project on or before June 30, 2015.