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2024 Session

Budget Amendments - HB29 (Floor Approved)

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UMW- Lease Language Technical (language only)

Item C-18.50 #1h

Item C-18.50 #1h

Education
University of Mary Washington

Language

Page 216, line 13, strike "Not set out.", and insert:                

"A. Out of this appropriation, $15,000,000 is authorized for the acquisition of a multi-use building adjacent to the University of Mary Washington, which is following the process established under § 2.2-1149, Code of Virginia. Any funds not needed for the acquisition are authorized for use by the institution for multi-use building facility space build-out, repairs, and maintenance. This multi-use building contains portions leased to private entities and the University of Mary Washington may continue to lease portions of the multi-use building to private entities."



Explanation

(This language amendment makes clarifications regarding a previously-authorized capital acquisition for the University of Mary Washington. The full table for this item will be set-out upon enrolling.)