Property Conveyance: Virginia Biotechnology Research Park Authority.

The General Assembly authorizes Virginia Commonwealth University, subject to approval of the Governor, to convey to the Virginia Biotechnology Research Park Authority the properties located at 603 North 7th and 704 East Leigh Streets and 616 North 8th Street for the purpose of constructing new buildings at the Research Park. The properties at 603 North 7th and 704 East Leigh Streets shall be conveyed at a cost not less than $138,000. The property at 616 North 8th Street shall be conveyed at a cost not less than $231,000.