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2016 SESSION

16104246D
HOUSE BILL NO. 1344
Offered January 21, 2016
A BILL to authorize the Virginia Public Building Authority and the Virginia College Building Authority to issue bonds in an aggregate principal amount not to exceed $1,504,400,000 plus certain costs to fund certain capital projects.
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Patrons-- Jones and Greason
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Referred to Committee on Appropriations
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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 (VPBA) to undertake the following projects, including, without limitation, constructing, improving, furnishing, equipping, 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 $280,800,000 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. The General Assembly hereby appropriates the proceeds from any such bonds for the projects listed in this section.

Agency Code

Institution/Agency

Project

 

146

Science Museum of Virginia

Construct Parking Facility / Master Site Plan (Preplanning)

 

203

Woodrow Wilson Rehabilitation Center

Life Safety Improvements, Renovate and Expand Anderson Vocational Training Building, Phase II

 

239

Frontier Culture Museum

Construct Early American Industry Exhibit

 

720

Department of Behavioral Health and Developmental Services

Construct New Sexually Violent Predator Facility

 

778

Department of Forensic Science

Expand Central Forensic Laboratory and Office of the Chief Medical Examiner Facility

 

799

Department of Corrections

Replace Generators, Multiple Facilities

 

948

Southwest Virginia Higher Education Center

Construct Service Corridor, Storage Area, Replace Generator

 

 

Total

 

$280,800,000

§ 2. 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, equipping, acquiring, and renovating buildings, facilities, improvements, and land therefor, to exercise any and all powers granted to it by law in connection therewith; and to finance all or any portion of the cost thereof by the issuance of revenue bonds in a principal amount not to exceed $760,000,000 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. The Authority may pay all or any part of the cost of any project listed in this section 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.

Agency Code

Institution/Agency

Project

 

204

College of William and Mary

Construct West Utilities Plant

 

268

Virginia Institute of Marine Science

Construct Facilities Management Building

 

207

University of Virginia

Renovate Gilmer Hall and Chemistry Building

 

211

Virginia Military Institute

Renovate Preston Library

 

211

Virginia Military Institute

Improve Post Infrastructure Phase I, II, and III

 

214

Longwood University

Admissions Office

 

214

Longwood University

New Academic Building

 

215

University of Mary Washington

Construct Jepson Science Center Addition

 

221

Old Dominion University

Construct Chemistry Building

 

236

Virginia Commonwealth University

Construct Commonwealth Center for Advanced Logistics Systems

 

236

Virginia Commonwealth University

Construct New Allied Health Professions Building

 

242

Christopher Newport University

Construct Library, Phase II

 

242

Christopher Newport University

Construct and Renovate Fine Arts and Rehearsal Space

 

247

George Mason University

Construct / Renovate Robinson Hall, New Academic and Research Facility, and Harris Theater Site

 

247

George Mason University

Construct Utilities Distribution System

 

260

Virginia Community College System

Renovate Replace

Phase I Academic and Administration Building, Eastern Shore

 

260

Virginia Community College System

Construct Bioscience Building, Blue Ridge

 

260

Virginia Community College System

Construct Student Service and Learning Resources Center, Christanna Campus, Southside VA

 

260

Virginia Community College System

Construct Academic Building, Fauquier Campus, Lord Fairfax

 

260

Virginia Community College System

Renovate Seefeldt Building, Woodbridge Campus, Northern Virginia

 

260

Virginia Community College System

Renovate Howsmon Building, Manassas Campus, Northern Virginia

 

260

Virginia Community College System

Renovate Bird Hall and Renovate / Expand Nicholas Center, Chester Campus, John Tyler

 

 

Total

 

$760,000,000

2. § 1. That pursuant to § 2.2-2264 of the Code of Virginia, the General Assembly hereby authorizes the Virginia Public Building Authority (VPBA) to issue revenue bonds in a principal amount not to exceed $39,000,000 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. The proceeds of such bonds shall be used to supplement the prior funding for the projects in this enactment.

Agency Code

Institution/Agency

Project

 

912

Department of Veterans Services

Veterans Care

 

912

Department of Veterans Services

War Memorial Supplement

 

935

Roanoke HEC

Renovate Moore Supplement

 

425

Jamestown Yorktown Foundation

Yorktown Museum Generators (Supplement)

 

 

Total

 

$39,000,000

3. § 1.That the Virginia Public Building Authority, pursuant to § 2.2-2264 of the Code of Virginia, or the Virginia College Building Authority pursuant to § 23-30.28 of the Code of Virginia, is authorized to issue revenue bonds in a principal amount not to exceed $15,600,000 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 to provide funds for equipment for the following projects for which funding for construction was previously provided, or to maintain existing operational capability.

Agency Code

Institution/Agency

Project

 

146

Science Museum of Virginia

Construct Event Space (17974)

 

214

Longwood University

Construct Student Success Center (17982)

 

216

James Madison University

Renovate Madison Hall (18085)

 

217

Radford University

Renovate Whitt Hall (18067)

 

236

Virginia Commonwealth University

Renovate Sanger Hall (18070)

 

236

Virginia Commonwealth University

Renovate Raleigh Building (18071)

 

247

George Mason University

Construct Academic VII (17999)

 

912

Department of Veterans Services

Expand Virginia War Memorial (18010)

 

238

Virginia Museum of Fine Arts

Art Conservation Laboratory

 

 

Total

 

$15,600,000

4. That pursuant to § 2.2-2263 of the Code of Virginia, the Virginia Public Building Authority is authorized to issue bonds in an aggregate amount not to exceed $350,000,000 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. The proceeds of such bonds shall be used to fund capital projects at Norfolk International Terminal.

5. That pursuant to § 2.2-2263 of the Code of Virginia, the Virginia Public Building Authority is authorized to issue bonds in an aggregate amount not to exceed $59,000,000 plus amounts to fund related issuance costs and other financing expenses. The proceeds of such bonds shall be provided to the Department of Environmental Quality to reimburse entities as provided in Chapter 21.1 (§ 10.1-2117 et seq.) of Title 10.1 of the Code of Virginia, considered as eligible Significant and Non-Significant Dischargers in the Chesapeake Bay watershed, for capital costs incurred for the design and installation of nutrient removal technology. Such reimbursements shall be in accordance with eligibility determinations made by the department pursuant to the provisions of this enactment and Chapter 21.1 of Title 10.1 of the Code of Virginia. The Department of Environmental Quality shall submit cash flow requirements for this program to the Director of the Department of Planning and Budget and the State Treasurer. The cash flows shall indicate quarterly cash needs to the program's completion.