1997 Session

Budget Bill - HB1600 (Chapter 924)

Norfolk State University

Item C-36.22

Item C-36.22

First Year - FY1997Second Year - FY1998
Acquisition: Acquire 25 Acres, South Brambleton Area (15979)$0$830,000
Fund Sources:  
SpecialFY1997 $0FY1998 $415,000
Higher Education OperatingFY1997 $0FY1998 $415,000

The source for the Special Funds appropriated by this Item shall be excess bond proceeds of the Virginia Public Building Authority. The Governor shall authorize the initiation of this project upon certification to him by the Virginia Public Building Authority that: an arbitrage rebate liability calculation has been completed, an affirmative opinion of bond counsel has been received, and excess bond proceeds of the Authority are available. The first priority for expenditure of any such excess proceeds shall be the project listed in this item, and the projects listed in Items C-17.10 (Virginia Community College System), C-45.20 (Virginia State University), C-32.50 (The College of William and Mary in Virginia), C-17.95 (Virginia Community College System), C-26.20 (Virginia Polytechnic Institute and State University), C-32.18 (George Mason University), and C-36.45 (Longwood College).