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1998 Session

Budget Amendments - SB30 (Committee Approved)

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VCCS - DSLCC & VWCC Lease

Item 161 #19s

Item 161 #19s

First Year - FY1999 Second Year - FY2000
Education: Higher Education
Virginia Community College System FY1999 $345,000 FY2000 $345,000 GF

Language
Page 127, line 6, strike "$361,273,794" and insert "$361,618,794".
Page 127, line 6, strike "$372,721,829" and insert "$373,066,829".
Page 128, after line 36, insert:  
"J.  Out of this appropriation, $345,000 the first year and
$345,000
the second year is provided for the annual lease costs of space in the Botetourt County Education and Training Center at Greenfield.  Dabney S. Lancaster and Virginia Western Community Colleges will lease the facility from Botetourt County for the purpose of providing workforce training and retraining facilities and programming, and community education facilities and programming. The lease, the form and terms of which will be approved by the Board of the Virginia Community College System and the Governor, shall support construction debt service, to be financed over a period of twenty years.  Dabney S. Lancaster and Virginia Western Community Colleges will staff, manage, maintain, furnish and equip the building, and maintain the site.".


Explanation
(This amendment provides annual lease payments on a new workforce training center for Dabney S. Lancaster and Virginia Western Community Colleges in Botetourt County.)