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2023 Session

Budget Amendments - SB800 (Member Request)

Chief Patron: Reeves
CO - UMW - Acquire Mixed-Use Office Building

Item C-18.10 #1s

Item C-18.10 #1s

First Year - FY2023 Second Year - FY2024
Education
University of Mary Washington FY2023 $0 FY2024 $16,000,000 GF

Language
Page 614, after line 3, insert:

"C-18.10 Acquisition: Mixed-Use Office Building$0$16,000,000
Fund Sources:  General $0 $16,000,000 "


Explanation

(This amendment provides $16.0 million GF the second year for the University of Mary Washington to acquire a mixed-use office building adjacent to the University’s main campus. The funding request includes $14.0 million for the acquisition of the building and $2 million for renovation costs required for use by the University.)