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1999 Session

Budget Amendments - HB1450 (Conference Report)

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MWC Tennis Facility

Item C-9 #2c

Item C-9 #2c

First Year - FY1999 Second Year - FY2000
Central Appropriations
Nongeneral Obligation Bonds 9(D) FY1999 $0 FY2000 $2,500,000 NGF

Language
Page 469, line 10, strike "$3,113,000" and insert "$5,613,000".
Page 469, after line 42, insert:
"Indoor Tennis Facility             xxxxx            $2,500,000               $2,500,000".


Explanation
(This amendment authorizes Mary Washington College to issue institutional revenue bonds pursuant to Article X, § 9 (d) of the State Constitution to support construction of a new Indoor Tennis Facility. The debt service on the facility will be paid by private sources and user charges.)