1997 Session

Budget Amendments - HB1600 (Committee Approved)


Item C-34.20 #1h

Item C-34.20 #1h

First Year - FY1997 Second Year - FY1998
Education: Higher Education
James Madison University FY1997 $0 FY1998 $500,000 GF

Page 399, after line 9, insert:
"C-34.20  New Construction:  College of Integrated Science and Technology, Phase II        $0      $500,000
Fund Sources:  General           $0       $500,000
The appropriation provided for in this item and item C-7.10 of this act is the first installment of an estimated $40,816,000 project, more or less.  James Madison University 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 for James Madison University, bringing the total appropriations to $12.8 million. Language further authorizes the University 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.)