2018 Special Session I

Budget Bill - HB5002 (Enrolled)

Radford University

Item C-11.50

Item C-11.50

First Year - FY2019Second Year - FY2020
Planning: Renovation / Construction Center of Adaptive Innovation and Creativity (CAIC) (18386)$4,000,000$0
Fund Sources:  
Higher Education OperatingFY2019 $4,000,000FY2020 $0

A. In accordance with Chapter 15.1 (§ 2.2-1515 et seq.) of Title 2.2 of the Code of Virginia, Radford University shall submit its completed detailed planning documents to the Six-Year Capital Outlay Plan Advisory Committee for its review and recommendation. Radford University is authorized to use additional higher education operating nongeneral funds to move to working drawings for this project. However, no planning documents pursuant to this item shall be submitted to the Governor or the General Assembly prior to July 1, 2019.

B. Radford University shall be reimbursed for all nongeneral funds used when the project is funded to move into the construction phase.