Overview Appropriate $21,700,000 in General Obligation bond authority to the Texas Building and Procurement Commission for the Texas State Library and Archives Commission project of renovation and expansion of the Lorenzo de Zavala Building. The renovations and repair will replace the roof and elevators, replace the environmental controls and wiring and complete the abatement of asbestos. The expansion of archival storage space will accomodate the necessary archival growth for the next 20 years, according to the agency. Increase General Revenue appropriation to the Texas Public Finance Authority for Bond Debt Service by $1,884,394 for the 2008-09 biennium. The increase would result in an $1,884,394 cost to the bill. Required Action 1) On page I-14 of the bill pattern for the Building and Procurement Commission, increase General Obligation bond authority for Strategy B.2.1, Building Design and Construction $21,700,000 in fiscal year 2008 and provide for unexpended balances in fiscal year 2009. 2) On page I-16 of the bill pattern for the Building and Procurement Commission, amend the following rider: 3. Capital Budget. None of the funds appropriated above may be expended for capital budget items except as listed below. The amounts shown below shall be expended only for the purposes shown and are not available for expenditure for other purposes. Amounts appropriated above and identified in this provision as appropriations either for "Lease payments to the Master Lease Purchase Program" or for items with an "(MLPP)" notation shall be expended only for the purpose of making lease-purchase payments to the Texas Public Finance Authority pursuant to the provisions of Government Code, § 1232.103. 2008 2009Out of the Interagency Contracts: a. Construction of Buildings and Facilities (1) Construction of Buildings $2,000,000 $2,000,000Total, Construction of Buildings and Facilities $2,000,000 $2,000,000Total, Capital Budget $2,000,000 $2,000,000 b. Repair or Rehabilitation of Buildings and Facilities (1) Facilities Renovation and Expansion of the Texas State Library and Archives Commission $21,700,000 UB Total, Capital Budget $23,700,000 $2,000,000 Method of Financing (Capital Budget): Interagency Contracts $2,000,000 $2,000,000 Bond Proceeds-General Obligation Bonds $21,700,000 UB Total, Method of Financing $23,700,000 $2,000,000