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2001 Session

Budget Amendments - HB1600 (Member Request)

Chief Patron: Dickinson
MWC - Land Acquisition

Item C-40.15 #1h

Item C-40.15 #1h

First Year - FY2001 Second Year - FY2002
Education: Higher Education
Mary Washington College FY2001 $0 FY2002 $5,000,000 NGF

Language
Page 524,  after line 32,  insert:

                             
"C-40.15 Acquire Land
 
$5,000,000
 
Fund Sources: Bond Proceeds
 
$5,000,000"
 



Explanation
(This amendment provides authority to borrow $5.0 million of 9(d) debt to purchase a 4.5-acre tract of developed commercial property. Annual debt payments are to be made from total auxiliary program revenues.)