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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 2009
Out of the Interagency Contracts:
a. Construction of Buildings and Facilities
(1) Construction of Buildings $2,000,000 $2,000,000
Total, Construction of Buildings and Facilities $2,000,000 $2,000,000
Total, 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
3) On page I-82 of the bill pattern for Bond Debt Service
Payments, increase General Revenue for Strategy A.1.1, Bond Debt
Service by $308,028 in fiscal year 2008 and by $1,576,366 in fiscal
year 2009.
4) On page I-40 of the Public Finance Authority bill pattern,
amend Rider 2, Information Listing of Appropriated Funds for
Strategy A.2.2, Bond Debt service to increase General Revenue
amounts by $308,028 in fiscal year 2008 and $1,576,366 in fiscal
year 2009.