Radford University is authorized to renovate and improve various athletic facilities and fields as part of its comprehensive master plan. The project includes replacement of softball stadium lights, resurfacing tennis courts, renovation and improvement to baseball stadium restrooms, concession areas and ticket office and renovation, improvements and upgrades in the Dedmon Center Arena. Any debt service for the projects contained herein supported by subsidy may be excluded from the subsidy calculations defined under § 23.1-1309 A., Code of Virginia.