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1999 SESSION
Be it enacted by the General Assembly of Virginia:
1. That the tenth enactment of Chapter 878 of the 1992 Acts of Assembly, as amended by the second enactment of Chapter 835 of the 1996 Acts of Assembly, is amended and reacted as follows:
10. That pursuant to § 2.1-234.13 of the Code of Virginia, the General
Assembly hereby authorizes the Virginia Public Building Authority to undertake
a project consisting of the acquisition of buildings and appurtenant land,
construction, improvements and furnishings of the Kiptopeke State Park Facility
located on the Eastern Shore, and to exercise any and all powers granted to it
by law in connection therewith, including the power to lease such project to
the Commonwealth and to finance the cost thereof by the issuance of revenue
bonds in a principal amount not to exceed $11,000,000 12,500,000 plus amounts
needed to fund issuance costs, reserve funds, and other financing expenses.