2003 Session

Budget Bill - HB1400 (Chapter 1042)

Norfolk State University

Item C-28.35

Item C-28.35

1. Subject to § 4-4.01 x. of this act, the General Assembly authorizes Norfolk State University to enter into a written agreement or agreements with the Norfolk State Enterprise and Empowerment Foundation (E2F) to construct and deliver the RISE I facility, a project authorized under Chapter 859, 2002 Acts of Assembly.

2. Norfolk State University is further authorized to purchase the RISE I facility from E2F at a not-to-exceed price of $18 million subject to the facility meeting code requirements.