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2005 Session

Budget Bill - HB1500 (Chapter 951)

The College of William and Mary in Virginia

Item C-15.70

Item C-15.70

First Year - FY2005Second Year - FY2006
Acquisition: Williamsburg Community Hospital (17189)$0$250,000
Fund Sources: 
Higher Education OperatingFY2005 $0FY2006 $250,000

1.  The College of William and Mary in Virginia is hereby granted authority to purchase the former Williamsburg Community Hospital, consisting of real property and improvements described generally as 24 acres, more or less, and 217,000 square feet of facilities, more or less, that constitute the current physical location of the majority of the hospital's operation.  It is the intent of the Governor and the General Assembly that sufficient appropriations totaling $8,700,000 from all sources will be provided to the College of William and Mary to support this purchase over a three year period beginning July 1, 2005.


2.  To the extent necessary in connection with this purchase, the College of William and Mary in Virginia is hereby granted authority to enter into a written agreement to lease said property to Sentara Healthcare if such a lease is necessary to allow sufficient time for the completion of construction and transfer of Sentara Healthcare operations to a new hospital facility.