C-14.50#1h (ODU) ODU - Foreman Field Stadium. HB1500

State Budget

2017 Session

Budget Amendments - HB1500 (Committee Approved)

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ODU - Foreman Field Stadium (language only)

Item C-14.50 #1h

Item C-14.50 #1h
Education
Old Dominion University

Language

Page 493, after line 30, insert:

"Old Dominion University is authorized to reconstruct the Stadium at Foreman Field. Any debt service for the project that is supported by subsidy may be excluded from the subsidy calculations defined under § 23-1.1309 A., Code of Virginia."

Explanation

(This amendment is self-explanatory.)

Item C-14.50

Item C-14.50	First Year - FY2017	Second Year - FY2018
New Construction: Reconstruct the Stadium at Foreman Field (18303)	$0	$55,000,000
Fund Sources:
Higher Education Operating	FY2017 $0	FY2018 $10,000,000
Bond Proceeds	FY2017 $0	FY2018 $45,000,000

State Budget

2017 Session

Budget Amendments - HB1500 (Committee Approved)

ODU - Foreman Field Stadium (language only)

Item C-14.50 #1h

Item C-14.50 #1h

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Item C-14.50