2007 Session

Budget Bill - HB1650 (Chapter 847)

Department of General Services

Item C-4

Item C-4

First Year - FY2007Second Year - FY2008
New Construction: Construct Educational Wing of Virginia War Memorial (17177)$2,500,000$0
Fund Sources:  
GeneralFY2007 $500,000FY2008 $0
SpecialFY2007 $2,000,000FY2008 $0

1. Authority is hereby granted to the Virginia War Memorial's Board of trustees to name the Education Wing as they deem most appropriate.

2. That upon certification by the Secretary of Administration that $2.0 million in private funds have been raised, are available, and will be used to support construction of an educational wing for the Virginia War Memorial, the State Treasurer shall advance a loan of $3.5 million to the Department of General Services for the state share of the construction in the form of a short-term treasury loan, with no interest.