C-32#1c (LU) Supplement Lankford Hall. HB30 - Conference Report

State Budget

2010 Session

Budget Amendments - HB30 (Conference Report)

Bill Order » Item C-32 #1c

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Supplement Lankford Hall

Item C-32 #1c

Item C-32 #1c	First Year - FY2011	Second Year - FY2012
Education: Higher Education
Longwood University	FY2011 $1,675,000	FY2012 $0	NGF

Language
Page 352, line 3, strike "$3,819,000" and insert "$5,494,000".
Page 352, line 5, strike "$1,850,000" and insert "$3,525,000".

Explanation
(This amendment requests additional 9(d) revenue bond authority for the Lankford Hall project.)

Item C-32

Item C-32	First Year - FY2011	Second Year - FY2012
New Construction: Construct Addition and Renovation to Lankford Hall (17318)	$3,819,000	$0
Fund Sources:
Higher Education Operating	FY2011 $1,969,000	FY2012 $0
Bond Proceeds	FY2011 $1,850,000	FY2012 $0

Additional funds provided in this Item are for cost overruns and the equipment portion of a previously approved capital project authorized in 2006, (Chapter 3, 2006 Acts of Assembly, Special Session I). The total cost of the project with the supplement is $15,294,000.