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2009 Session

Budget Amendments - HB1600 (Committee Approved)

UVA New Cabell Hall

Item C-61.50 #1h

Item C-61.50 #1h

First Year - FY2009 Second Year - FY2010
Education: Higher Education
University of Virginia FY2009 $720,000 FY2010 $3,000,000 NGF

Language
Page 560, after line 26, insert:
1. This appropriation provides funding to complete detailed planning for the New Cabell Hall Renovation project.  The University of Virginia is authorized to use up to $720,000 of nongeneral funds in the first year for which it shall be reimbursed when the project is funded to move into the construction phase.
2. Out of this appropriation, $3,000,000 in Virginia College Building Authority bonds are authorized in the second year to complete the terrace connector between New Cabell Hall and the South Lawn project across Jefferson Avenue."

                             
"C-61.50 New Cabell Hall Renovation
$720,000
 
$3,000,000
 
Fund Sources: Higher Education Operating
Bond Proceeds
$720,000
$0
 
$0
$3,000,000"
 



Explanation
(This amendment provides funding to complete detailed planning to renovate New Cabell Hall and provides Virginia College Building Authority bond authority to complete the terrace connection between New Cabell Hall and the South Lawn project.)