1999 Session

Budget Amendments - SB800 (Conference Report)

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W&M Energy Fund Switch

Item C-60.20 #1c

Item C-60.20 #1c

First Year - FY1999 Second Year - FY2000
Education: Higher Education
The College of William and Mary in Virginia FY1999 $0 FY2000 ($900,000) GF
FY1999 $0 FY2000 $900,000 NGF

Page 484, after line 3, insert:
"The Director of the Department of Planning and Budget shall authorize an interest-free treasury loan totaling up to $900,000 for this project, to be repaid by the college on an annual basis over a period not to exceed five years, based upon the savings achieved as a result of the project."

(This amendment authorizes the use of a treasury loan, to be repaid from energy efficiency savings involving a $5.7 million heating and cooling system improvement project at the College of William and Mary.)