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2002 Session

Budget Amendments - HB29 (Committee Approved)

UVA Construct Parking Deck

Item C-60.2 #1h

Item C-60.2 #1h

First Year - FY2001 Second Year - FY2002
Education: Higher Education
University of Virginia FY2001 $0 FY2002 $4,500,000 NGF

Language
Page 482, line 28, strike "$14,000,000" and insert "$18,500,000".
Page 482, after line 29, insert:
"The University of Virginia is authorized to accept the transfer of
properties and improvements containing a total of approximately 11.7 acres
on Ivy Road and Emmet Street in Charlottesville, Virginia, from its related
foundation, the University of Virginia Real Estate Foundation, on which it
will construct the parking garage authorized in this item."


Explanation
(This amendment supplements the bond authorization for a parking deck project to reflect revised cost estimates. The debt service will be financed with private funds.)