Item C-33.10 | First Year - FY2021 | Second Year - FY2022 |
|---|
|
|
| Planning: Replace Randolph Hall (18502) | $11,000,000
$0 | $0
$11,000,000 |
| Fund Sources: | | |
| Higher Education Operating | FY2021 $11,000,000
$0 | FY2022 $0 |
| Bond Proceeds | FY2021 $0 | FY2022 $11,000,000 |
A. 1. In accordance with Chapter 15.1 (§ 2.2-1515 et seq.) of Title 2.2 of the Code of Virginia, Virginia Tech shall submit its completed detailed planning documents to the Six-Year Capital Outlay Plan Advisory Committee for its review and recommendation. However, no planning documents pursuant to this item shall be submitted to the Governor or the General Assembly prior to July 1, 2022.
2. As part of the planning process for this project, Virginia Tech will evaluate and submit construction phasing options.
B. Virginia Tech shall be reimbursed for all nongeneral funds used when the project is funded to move into the construction phase.