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2014 Special Session I

Budget Amendments - SB5003 (Committee Approved)

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ODU Stadium (language only)

Item C-11 #1s

Item C-11 #1s

Education: Higher Education
Old Dominion University

Language
Page 427, strike line 14 through line 17 and insert:
"Old Dominion University may utilize private donations or existing nongeneral fund balances to support preliminary design efforts for this project.  However, it is the intent of the General Assembly that the balance of the project shall be supported by private donations."


Explanation
(This amendment allows ODU to use private donations or nongeneral fund balances for preliminary planning of a new football stadium but expresses the intent that the project is ultimately funded through private fund-raising efforts.)