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1997 SESSION

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HB 2262 Bond authorizations of the Commonwealth.

Introduced by: Whittington W. Clement | all patrons    ...    notes | add to my profiles

SUMMARY:

Bond authorizations of the Commonwealth. Prohibits the issuance of bonds for all or part of several previously authorized projects. The affected authorizations for Virginia Public Building Authority projects are (i) $2,964,524 for Old City Hall; (ii) $16,350,000 for the Department of Computer Services Building; (iii) $5,304,619 for the SCC Building; (iv) $6,000,000 for two adult detention incarceration centers; (v) $1,178,000 for the acquisition of land for correctional facilities; and (vi) reductions in the amounts for 11 state building projects authorized in 1983. The measure also prohibits the issuance of Section 9 (c) bonds for student housing at Clinch Valley College ($2,000,000) and a residence hall at George Mason University ($17,500,000). The measure also authorizes VPBA to undertake five higher education projects from available cash.


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