Section 100500 Of Article 6. Richmond Laboratory And Office Facility From California Health And Safety Code >> Division 101. >> Part 1. >> Chapter 3. >> Article 6.
100500
. (a) The Director of General Services may acquire real
property in order to construct a laboratory and office facility or
remodeling an existing facility in the City of Richmond, for the use
of the State Department of Health Services.
(b) Revenue bonds, negotiable notes, and negotiable bond
anticipation notes may be issued by the State Public Works Board
pursuant to the State Building Construction Act of 1955 (Part 10b
(commencing with Section 15800) of Division 3 of Title 2 of the
Government Code) to finance the acquisition and construction of a new
laboratory and office facility, or remodeling of an existing
facility for the State Department of Health Services in the City of
Richmond. The amount of the bonds plus the cost of equipment shall
not exceed fifty-four million five hundred thousand dollars
($54,500,000) as necessary for land acquisition including, but not
limited to, land needed for planned future expansion of the
laboratory and office facility, environmental studies, preliminary
plans, working drawings, construction, furnishings, equipment, and
all related betterments and improvements. Notwithstanding Section
13332.11 of the Government Code, the State Public Works Board may
authorize the augmentation of the amount authorized under this
section for the project by an amount not to exceed 10 percent of the
amount appropriated for this project.
(c) The State Public Works Board may borrow funds for project
costs from the Pooled Money Investment Account pursuant to Sections
16312 and 16313 of the Government Code.
(d) The amount of revenue bonds, negotiable notes, or negotiable
bond anticipation notes to be sold shall equal the cost of
acquisition, including land, construction, preliminary plans, and
working drawings, construction management and supervision, other
costs relating to the design, construction, or remodeling of the
facilities, and any additional sums necessary to pay interim and
permanent financing costs. The additional amount may include interest
and a reasonable required reserve fund.