C-14.50#1h (ODU) ODU Stadium Supplement. HB29 - Floor Approved

State Budget

2018 Session

Budget Amendments - HB29 (Floor Approved)

Bill Order » Item C-14.50 #1h

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ODU Stadium Supplement

Item C-14.50 #1h

Item C-14.50 #1h	First Year - FY2017	Second Year - FY2018
Education: Higher Education
Old Dominion University	FY2017 $0	FY2018 $10,000,000	NGF

Language
Page 208, line 26, strike "$55,000,000" and insert "$65,000,000".

Explanation

(This amendment provides additional nongeneral fund and 9(d) revenue bond authority for the football stadium project due to increased construction costs. Revenue for this supplement will be generated by increased fund raising and not borne by students through new or increased fees.)

Item C-14.50

Item C-14.50 (Not set out)	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