PRINTER'S NO. 1576
No. 1318 Session of 1983
INTRODUCED BY PETRARCA, STAIRS, VAN HORNE, STEWART, CLARK,
MANDERINO AND DeWEESE, JULY 1, 1983
REFERRED TO COMMITTEE ON APPROPRIATIONS, JULY 1, 1983
A SUPPLEMENT
1 To the act of , entitled "An
2 act providing for the capital budget for the fiscal year
3 1983-1984," itemizing public improvement projects to be
4 constructed or acquired by the Department of General
5 Services, together with their estimated financial cost;
6 authorizing the incurring of debt without the approval of the
7 electors for the purpose of financing the projects to be
8 constructed or acquired by the Department of General
9 Services; stating the estimated useful life of the projects;
10 and making an appropriation.
11 The General Assembly of the Commonwealth of Pennsylvania
12 hereby enacts as follows:
13 Section 1. Total authorization.
14 The total authorization for the additional capital project in
15 the category of Public Improvement Projects itemized in section
16 2 and to be acquired or constructed by the Department of General
17 Services, its successors or assigns, and to be financed by the
18 incurring of debt, shall be $205,806.
19 Section 2. Itemization of Public Improvement Projects.
20 Additional capital projects in the category of Public
21 Improvement Projects to be constructed or acquired by the
1 Department of General Services, its successors or assigns, and
2 to be financed by the incurring of debt, are hereby itemized,
3 together with their respective estimated financial costs as
4 follows:
5 Project Base Design and Total
6 Project Contingency Project
7 Allocation Allocation Allocation
8 (1) Torrance State
9 Hospital $164,645 $41,161 $205,806
10 (A) Replacement
11 of roof on Dix
12 Building 82,504 20,626 103,130
13 (B) Replacement
14 of roof on Reighard
15 Building 82,141 20,535 102,676
16 Section 3. Debt authorizations.
17 The Governor, Auditor General and State Treasurer are hereby
18 authorized and directed to borrow, from time to time, in
19 addition to any authorization heretofore or hereafter enacted,
20 on the credit of the Commonwealth, subject to the limitations
21 provided in the current Capital Budget, money not exceeding in
22 the aggregate the sum of $205,806 as may be found necessary to
23 carry out the acquisition and construction of the public
24 improvement projects specifically itemized in a Capital Budget.
25 Section 4. Issue of bonds.
26 The indebtedness herein authorized shall be incurred from
27 time to time and shall be evidenced by one or more series of
28 general obligation bonds of the Commonwealth in such aggregate
29 principal amount for each series as the Governor, Auditor
30 General and State Treasurer shall determine, but the latest
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1 stated maturity date shall not exceed the estimated useful life
2 of the project being financed as stated in section 5.
3 Section 5. Estimated useful life of projects.
4 The General Assembly states that the estimated useful life of
5 the projects heretofore itemized is 30 years.
6 Section 6. Appropriation.
7 The net proceeds of the sale of the obligations herein
8 authorized are hereby appropriated from the Capital Facilities
9 Fund to the Department of General Services in the maximum amount
10 of $205,806 to be used by it exclusively to defray the financial
11 cost of the public improvement projects specifically itemized in
12 a Capital Budget. After reserving or paying the expenses of the
13 sale of the obligation, the State Treasurer shall pay to the
14 Department of General Services the moneys as required and
15 certified by it to be legally due and payable.
16 Section 7. Allocation of funds.
17 Whenever as determined by the Department of General Services
18 that the full estimated financial cost of the public improvement
19 projects itemized in section 1 are not necessary for the proper
20 design, acquisition or construction of the projects, the excess
21 funds no longer required may be allocated to increase the
22 estimated cost of any one or more of the public improvement
23 projects specifically itemized in a Capital Budget.
24 Section 8. Effective date.
25 This act shall take effect immediately.
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