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2002 SESSION


VIRGINIA ACTS OF ASSEMBLY -- CHAPTER
An Act to provide for certain projects to be financed by the Virginia Public Building Authority and the Virginia College Building Authority.
[S 673]
Approved

Be it enacted by the General Assembly of Virginia:

1. § 1. That pursuant to § 2.2-2264 of the Code of Virginia, the General Assembly hereby authorizes the Virginia Public Building Authority to undertake the construction, improvement, and furnishing of the following projects including, without limitation, constructing, improving, furnishing, maintaining, acquiring, and renovating buildings, facilities, improvements and land therefor; and to exercise any and all powers granted to it by law in connection therewith, including the power to finance all or any portion of the cost thereof by the issuance of revenue bonds in a principal amount not to exceed $166,374,000 plus amounts needed to fund issuance costs, reserve funds, original issue discount, interest prior to and during acquisition, construction or renovation and for one year after completion thereof, and other financing expenses.

Agency                   Project Description               Amount
a. Melchers-Monroe 
Memorials                Expansion of Belmont Studio   $4,220,000
Virginia Museum of 
Fine Arts                Construct Parking Deck         8,388,000
Conservation & 
Recreation               Land Acquisition              20,000,000
Dept. of General 
Services                 Capitol Square Renovations,
                         Phase I                        5,000,000
Dept. of Veterans 
Affairs                  Construct New Veterans Care 
                         Center                         7,942,000
Subtotal                                              $45,550,000
b. Museum of Natural
History                  Construct New Museum         $14,789,000
Conservation & 
Recreation               Shoreline Erosion Control and 
                         Related Waterfront Improvements 
                         at Mason Neck State Park         694,000
                         Construct Cabins, 
                         Lake Anna                        921,000
Dept. of General
Services                 Construct Parking Deck        13,550,000
Mental Health, 
Retardation &                                                     
Sub. Abuse               Asbestos Abatement/
                         Environmental Hazards          2,196,000
                         Life Safety Code Compliance 
                         II                             6,522,000
                         Renovate Eastern State 
                         Hospital Pony Walls            4,656,000
Woodrow Wilson Rehab
Center                   Renovate Birdsall-Hoover Med.
                         Admin. Bldg., Ph I             5,050,000
Department for the 
Blind & Vision Impaired  Renovate/Expand Dormitory at 
                         Va. Rehab. Ctr.                4,365,000
                         Upgrade Manufacturing 
                         Equipment                      1,452,000
Department of 
Corrections              Replace St. Brides Prison      6,000,000
                         VCCW Boiler Replacement        3,800,000
                         James River CC Fire Safety 
                         Systems & Exits Improvement      500,000
                         Construct James River CC 
                         Wastewater Treatment Plant     7,857,000
                         Roof Repairs Systemwide        2,000,000
                         Realign Mountainside Slope at
                         Wallens Ridge State Prison       500,000
Dept. of Juvenile 
Justice                  Upgrade reception & 
                         diagnostic facility           10,827,000
                         Construct New Administration
                         Bldg., Hanover                 3,585,000
Department of State
Police                   Construct Combined 
                         Headquarters Addition/New
                         Emergency Operations Center   13,597,000 
Department of 
Transportation           Extension for National Air 
                         and Space Museum               9,780,000
Department of 
Agriculture & Consumer
Services                 Construct Harrisonburg
                         Regional Laboratory            6,183,000
Central Appropriations   Virginia Commonwealth 
                         University - Acquire Land 
                         for Virginia Biotech 
                         Research Park                  2,000,000
Subtotal                                             $120,824,000
GRAND TOTAL                                          $166,374,000

The projects set forth in subsection b shall not be undertaken prior to the allocation of funding for the projects set forth in subsection a.

§ 2. The Virginia Public Building Authority is also authorized to exercise any and all powers granted to it by law in connection therewith, including the power to finance the cost thereof by the issuance of revenue bonds not to exceed the principal amount set forth plus amounts needed to fund issuance costs, reserve funds, original issue discount, interest prior to or during improvement and for up to one year after completion of the improvement, and other financing expenses.

Notwithstanding the foregoing, the authorization to issue bonds hereunder is subject to the following conditions. The Governor shall prepare and release a plan to the Chairmen of the Senate Finance Committee and House Appropriations Committee on or before August 1, 2002, detailing a process whereby the Secretary of Finance, in conjunction with the Secretary of Administration, shall administer the orderly issuance of the bonds hereunder authorized in order to provide the funding required to execute the capital projects identified within this bill, including the following:

a. Development of processes to expedite the capital outlay review process as set forth in § 2.2-1132 of the Code of Virginia; and

b. Development of detailed draw schedules for projects and for the approval of such draw schedules with due consideration given to the long-term capacity of the Commonwealth to open and operate such completed capital projects. Included in such approval shall be an estimate of the net additional costs of staffing and equipping such projects. In addition, the Secretary of Finance, in conjunction with the Secretary of Administration, shall provide to the Chairmen of the Senate Finance Committee and House Appropriations Committee by April 1 and September 1 of each year, until such capital projects as are hereunder authorized are completed, a status report on the projects, including the status of compliance with the elements set forth in subsections a and b above.

2. § 1. That pursuant to § 23-30.28 of the Code of Virginia, the General Assembly hereby authorizes the Virginia College Building Authority to undertake the following projects including, without limitation, constructing, improving, furnishing, maintaining, acquiring and renovating buildings, facilities, improvements and land therefor; to exercise any and all powers granted to it by law in connection therewith, including the power to lease such projects to institutions of higher education of the Commonwealth; and to finance all or any portion of the cost thereof by the issuance of revenue bonds in a principal amount not to exceed $164,946,996 plus amounts needed to fund issuance costs, reserve funds, original issue discount, interest prior to and during acquisition, construction or renovation and for one year after completion thereof, and other financing expenses.

Notwithstanding the foregoing, the authorization to issue bonds hereunder is subject to the following conditions. The Governor shall prepare and release a plan to the Chairmen of the Senate Finance Committee and House Appropriations Committee on or before August 1, 2002, detailing a process whereby the Secretary of Finance, in conjunction with the Secretaries of Education and Administration, shall administer the orderly issuance of the bonds hereunder authorized in order to provide the funding required to execute the capital projects identified within this bill, including the following:

a. Development of processes to expedite the capital outlay review process as set forth in § 2.2-1132 of the Code of Virginia; and

b. Development of detailed draw schedules for projects and for the approval of such draw schedules with due consideration given to the long-term capacity of the Commonwealth to open and operate such completed capital projects. Included in such approval shall be an estimate of the net additional costs of staffing and equipping such projects. In addition, the Secretary of Finance, in conjunction with the Secretaries of Education and Administration, shall provide to the Chairmen of the Senate Finance Committee and House Appropriations Committee by April 1 and September 1 of each year, until such capital projects as are hereunder authorized are completed, a status report on the projects, including the status of compliance with the elements set forth in subsections a and b above.

The Authority may pay all or any part of the cost of any project hereinafter listed or authorized or any portion thereof with any income and reserve funds of the Authority available for such purpose, and in such case may transfer such funds of the Authority, with the approval of the Governor.

Facility                  Project                            Cost
Christopher Newport
University                Ferguson Hall-Plant,
                          Classrooms and Art          $14,260,000
                          Renovate/Expand Technology
                          Center/Library                  804,000
The College of William
and Mary                  Renovate Rogers Hall         13,225,000
George Mason University   Construct Academic IIIA-
                          Prince William               16,181,000
James Madison University  Construct CISAT Academic 3a  24,249,200
Longwood College          Upgrade Steam Plant           1,836,000
                          Grainger Hall Supplement      1,000,000
                          Storm Water Retention 
                          Structure                       750,000
Mary Washington College   Construct James Monroe
                          College Campus Building #2   10,207,000
Norfolk State University  Renovate Teacher Education
                          Building                      3,918,886
                          Renovate Robinson Tech
                          Building                        598,000
Radford University        Porterfield Hall Renovations  1,378,000
University of Virginia    Cocke Hall Renovation         6,000,000
University of Virginia
-Wise                     Crockett Hall Renovation      4,450,000
Virginia Commonwealth
University                Code Compliance: Life/
                          Fire Safety                   2,912,000
                          Hibbs Building 
                          Classroom Renovations         1,022,000
                          Business Building
                          Classroom Renovations         1,307,000
Virginia Military
Institute                 Nichols Engineering Building  1,162,000
Virginia Tech             Construct Bioinformatics
                          Building, Phase II           20,436,000
                          Replace Dairy Science
                          Facilities                    4,500,000
Virginia State University Handicapped Accessibility       500,000
                          Repair Sanitary and Storm
                          Sewer Lines                   1,490,000
Virginia Community College
System                    Parham Rd.  Phase IV/
                          Replace Exterior
                          Building B, J.S. Reynolds    14,859,600
                          Instructional Buildings
                          Renovation, Wytheville        2,014,360
                          Construct Science Laboratory
                          Building, Lord Fairfax        8,982,500
                          Workforce and Technology
                          Renovation Project,
                          Rappahannock                  1,750,000
                          Construct Manufacturing
                          Technology Bldg.,
                          Central Virginia              4,354,450
                          Maintenance Building 
                          Supplement, Systemwide          800,000
GRAND TOTAL                                          $164,946,996

3. That no bonds shall be issued by the Virginia Public Building Authority for any project set forth in subsection 1 b of the first enactment act prior to the initiation of all projects authorized to be undertaken by the Virginia Public Building Authority pursuant to Part 2 of the biennial budget for the fiscal years beginning July 1, 2000, and ending July 1, 2002, as may be amended by the 2002 Session of the General Assembly.

4. That no bonds shall be issued by the Virginia College Building Authority for any project set forth in the second enactment prior to the initiation of all projects authorized to be undertaken by the Virginia College Building Authority pursuant to Part 2 of the biennial budget for the fiscal years beginning July 1, 2000, and ending July 1, 2002, as may be amended by the 2002 Session of the General Assembly.