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2001 Session

Budget Amendments - SB800 (Committee Approved)

VIMS Replace Brooke & Davis Halls

Item C-23.3 #1s

Item C-23.3 #1s

First Year - FY2001 Second Year - FY2002
Education: Higher Education
Virginia Institute of Marine Science FY2001 $3,722,000 FY2002 $12,730,000 NGF

Language
Page 521, line 37, strike "$700,000" and insert "$4,422,000".
Page 521, line 34, strike "$700,000" and "$0" and insert "$4,422,000" and "$12,730,000".
Page 521, line 36 strike "$350,000" and insert "$4,072,000".
Page 521, after line 36 insert "Bond Proceeds      $12,730,000".

                             
"C-23.3 Construct New Science Building
 
$16,750,000
 
Fund Sources: General
Higher Education Operating
 
$13,028,000
$3,722,000"
 



Explanation
(This amendment provides $12,730,000 in VCBA bond funds for the construction of a 68,600 square foot Biological, Fisheries, and Physical Sciences Building. This building would replace Brooke and Davis Halls which would be demolished. The demolition funding is included in this amendment. Higher Education Operating funds of $4,072,000 for this request would be raised from private funds and would be used to add a floor for program expansion. Planning funds were provided by the 2000 General Assembly for this project. This project is one of a limited number of new capital outlay projects recommended for funding.)