C-43#1h (VPISU/ID) VPI Supplement to Chemistry/Physics Bldg.. HB29 - Committee Approved

State Budget

2000 Session

Budget Amendments - HB29 (Committee Approved)

Bill Order » Item C-43 #1h

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VPI Supplement to Chemistry/Physics Bldg.

Item C-43 #1h

Item C-43 #1h	First Year - FY1999	Second Year - FY2000
Education
Virginia Polytechnic Institute and State University, Instructional Division	FY1999 $0	FY2000 $2,000,000	NGF

Language
Page 524, line 19, strike "$23,794,000" and insert "$25,794,000".

Explanation
(This amendment provides a $2.0 million nongeneral fund supplement to the Chemistry and Physics Building project at Virginia Tech to address cost overruns. The increase will be funded from indirect cost recoveries.)

Item C-43

Item C-43 (Not set out)	First Year - FY1999	Second Year - FY2000
Construction: New Chemistry and Physics Building (16084)	$1,400,000	$23,794,000
Fund Sources:
General	FY1999 $1,400,000	FY2000 $22,031,000
Higher Education Operating	FY1999 $0	FY2000 $1,763,000

Prior to funds being allotted for this project, the University shall provide to the Department of Planning and Budget no later than July 1, 1999, an analysis comparing the costs and benefits of 1) constructing two new buildings, 2) renovating existing campus buildings, and 3) constructing one facility instead of two.