2011 Session

Budget Amendments - SB800 (Committee Approved)

VCU: Ackell Residence Center (language only)

Item C-55.30 #1s

Item C-55.30 #1s

Education: Higher Education
Virginia Commonwealth University

Page 436, following line 33, insert:
"C-55.30 Virginia Commonwealth University is hereby authorized to refinance indebtedness of $13,650,650 incurred in 2000 (pursuant to Part 2-23, Item C-81, Chapter 1073, 2000 Acts of Assembly) through the Industrial Development Authority of the City of Richmond to finance Ackell Residence Center on the Monroe Park Campus by the issuance of the university's own bonds, through the Virginia College Building Authority or otherwise, and to enter into appropriate agreements with the VCU Real Estate Foundation in connection therewith."

"C-55.30 Virginia Treatment Center for Children (xxxxx)

(This amendment provides $13.7 million NGF from revenue supported bonds authority for refinancing of the Ackell Residence Center at Virginia Commonwealth University.)