Language Page 534, after line 17, insert:"Ground Lease: Freedom HouseThe General Assembly authorizes Virginia Commonwealth University, subject to the approval of the Governor, to enter into a ground lease with Freedom House for property located on 17th Street in Richmond, Virginia, for purposes of construction of a social services facility. The property shall be leased for an initial term of 40 years, with four five-year renewal options, at a cost of $1.00 per year." "C-84.30 Ground Lease: Freedom HouseThe General Assembly authorizes Virginia Commonwealth University, subject to the approval of the Governor, to enter into a ground lease with Freedom House for property located on 17th Street in Richmond, Virginia, for purposes of construction of a social services facility. The property will be leased for an initial term of 40 years, with four 5-year renewal options, at a cost of $1.00 per year.
Explanation(This amendment requests approval for Virginia Commonwealth University to lease approximately 2.38 acres of university-owned land on 17th Street in Richmond, Virginia, to the Freedom House for the purpose of constructing a social services facility.)