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2004 SESSION

043026712
SENATE BILL NO. 39
AMENDMENT IN THE NATURE OF A SUBSTITUTE
(Proposed by the Senate Committee on Finance
on February 17, 2004)
(Patron Prior to Substitute--Senator Stolle)
A BILL to provide for certain projects to be financed by the Virginia Public Building Authority.

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 development, acquisition, construction, improvement, and furnishing of the following projects including, without limitation, constructing, improving, furnishing, maintaining, acquiring, and renovating buildings, facilities, improvements and land therefore; 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 $378,302,000 plus amounts needed to fund issuance costs, reserve funds, original issue discount, interest prior to and during acquisition, construction or renovation and for up to one year after completion thereof, and other financing expenses. 

    Agency                          Project                   Amount

Department of State          Statewide Agencies Radio

 Police                       System (STARS)              $159,300,000

Department of Emergency      Equip Emergency Operations

 Management                   Center                        $1,713,000

Department of Juvenile       Repair Fire Safety Systems

 Justice                      at Various Juvenile 

                              Correctional Centers            $900,000

Department of Juvenile       Repair Life Safety Systems

 Justice                      at Various Juvenile 

                              Correctional Centers          $2,000,000

Department of Corrections,   Replace St. Brides,

 Central Activities           Phase II                     $32,475,000

Department of Corrections,   Powhatan Electrical System

 Central Activities           Upgrade                         $750,000

Department of Corrections,   Coffeewood Water Treatment

 Central Activities           Plant Upgrade                 $2,209,000

Department of Corrections,   Roof Repairs System Wide       

 Central Activities                                         $3,000,000

Department of Corrections,   Construct New Bridge and

 Central Activities           and Entrance Road at 

                              Bland                         $1,962,000

Department of Corrections,   Upgrade Haynesville 

 Central Activities           Wastewater Treatment

                              Plant                         $1,987,000

Department of Corrections,   Construct Medium Security 

 Central Activities           Correctional Facility #1 

                              in Tazewell County           $68,645,000

Department of Corrections,   Construct Medium Security 

 Central Activities           Correctional Facility #2 

                              in Pittsylvania County       $73,553,000

Department of Corrections,   Expand Deerfield 

 Central Activities           Correctional Center          $21,908,000

Department of Corrections,   Construct New Dairy and

 Central Activities           Dairy Processing Center       $7,900,000

TOTAL                                                     $378,302,000

The Statewide Agencies Radio System (STARS) project may consist of, but is not limited to, land, mobile telecommunications equipment and towers, software, radio frequency rights and licenses, communications control buildings and facilities, related infrastructure, and other project costs necessary, incidental or convenient to undertake, develop, acquire and construct the integrated statewide shared land-mobile radio communications system for the Commonwealth and its localities and governmental units. The authorization provided in this act shall constitute the first phase of the STARS project.

§ 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 above 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, and other financing expenses.