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2018 Session

Budget Amendments - SB30 (Committee Approved)

CO - RU - Detailed Planning - Renovate/Construct Center for Adaptive Innovation & Creativity

Item C-11.5 #1s

Item C-11.5 #1s

First Year - FY2019 Second Year - FY2020
Education: Higher Education
Radford University FY2019 $4,000,000 FY2020 $0 NGF

Language
Page 440, after line 7, insert:

"C-11.5 Planning: Renovate/Construct Center for Adaptive Innovation & Creativity$4,000,000$0
Fund Sources:  Nongeneral $4,000,000 $0 "

"Radford University is authorized to use nongeneral funds to move to working drawings for the project listed in this Item.  Radford University shall be reimbursed for all nongeneral funds used when the project is funded to move into the construction phase."



Explanation

(This amendment provides $4.0 million NGF in the first year for detailed planning at Radford University for the project "Renovate/Construct Center for Adaptive Innovation & Creativity". Language directs that the University shall be reimbursed for planning costs if the project is approved in the future to go to construction.)