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2004 SESSION

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HB 106 Statewide Agencies Radio System (STARS); financing through bonds and vehicle rental fees.

Introduced by: Beverly J. Sherwood | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED:

Bonds; Virginia Public Building Authority. Authorizes the Virginia Public Building Authority to issue bonds in the amount of $159,300,000 to finance the undertaking, development, acquisition and construction of the first phase of the Statewide Agencies Radio System (STARS) and establishes a fee at the rate of two percent of the amount charged for daily rental vehicles, which revenues from such fee are dedicated for debt service payments on such bonds.

SUMMARY AS INTRODUCED:

Bonds; Virginia Public Building Authority. Authorizes the Virginia Public Building Authority to issue bonds in the amount of $159,300,000 to finance the undertaking, development, acquisition and construction of the first phase of the State Agency Radio System (STARS).