1999 Session

Budget Amendments - SB800 (Member Request)

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Chief Patron: Houck
MWC Land Sale Proceeds (language only)

Item C-75.10 #1s

Item C-75.10 #1s

Education: Higher Education
Mary Washington College

Page 486, line 28, after "thereon", strike the remainder of the line through line 31, and insert:  "Notwithstanding the provisions of § 2.1-512 of the Code of Virginia, all proceeds of the sale of such property, estimated at $1.5 million, shall be deposited with the State Treasurer for use, upon appropriation, by Mary Washington College."

(This amendment allows Mary Washington College to retain 100% of the proceeds from the sale of approximately 72 acres of land, to be used when subsequently appropriated by the General Assembly.)