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1999 Session

Budget Amendments - SB800 (Committee Approved)

UVA Arena Planning NGF

Item C-36.70 #7s

Item C-36.70 #7s

First Year - FY1999 Second Year - FY2000
Education: Higher Education
University of Virginia, Academic Division FY1999 $0 FY2000 $10,000,000 NGF

Language
Page 479, after line 3, insert:
"C-36.70  Construction:  Planning for New Arena                                   $10,000,000
          Fund Sources:  Higher Education Operating        $10,000,000".


Explanation
(This amendment provides nongeneral fund authority for the University of Virginia to plan for the construction of a new arena to replace University Hall. Funds for the project will come from gifts and grants, and from auxiliary enterprise balances.)