1997 Session

Budget Amendments - HB1600 (Committee Approved)

View Budget Item
View Budget Item amendments

W&M Swem Library

Item C-32.40 #1h

Item C-32.40 #1h

First Year - FY1997 Second Year - FY1998
Education: Higher Education
The College of William and Mary in Virginia FY1997 $0 FY1998 $500,000 GF
FY1997 $0 FY1998 $6,000,000 NGF

Page 398, line 3, strike "Plan".
Page 398, after line 5, insert:
"The appropriation provided for in this item is the first installment of an estimated $30,500,000 project, $24,500,000 from the general fund and $6,000,000 from nongeneral funds, more or less.  The College of William and Mary in Virginia is authorized to proceed, as otherwise provided by law, to solicit, receive, and execute construction documents, proposals, agreements and contracts prior to June 30, 1998 for the purpose of beneficial occupancy of the subject facilities at the earliest convenient time, subject to additional appropriations for such purpose.  It is the intent of the General Assembly that the Governor's budget proposals to the 1998 Legislative Session shall include recommendations for financing the balance of the funds required to complete this project."

(This amendment provides an additional $0.5 million from the general fund and $6.0 million from nongeneral funds for renovations and additions to the Swem Library at the College of William and Mary, bringing the total appropriations to $7.8 million. Language further authorizes the College to commence construction activities, provided it does not expend more during this biennium than is actually appropriated for such purpose. The language further requests the Governor to present a plan for financing the balance of the project in his 1998 recommendations to the General Assembly.)