Key Virginia Panel Approves $370M In GO Bonding for Higher Education

Vadum, Mathew
January 2006
Bond Buyer;1/25/2006, Vol. 355 Issue 32305, p6
Trade Publication
This article reports that a new legislation has been approved in Virginia, which authorizes the issuance of $369.5 million in double-barreled general obligation bonds for higher education-related projects in the state. The House Appropriations Committee unanimously passed the measure. It was sponsored by Vincent F. Callahan Jr. A similar legislation, sponsored by Senator Kenneth Stolle, that would also authorize the sale of $201.9 million in debt for the STARS project is currently being considered in the Senate Finance Committee.


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