GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 1991

H	2 

HOUSE BILL 488*
Second Edition Engrossed 6/27/91

Short Title:  WSSU Capital Project.	(Public)
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Sponsors: Representatives Nesbitt; Diamont, H. Hunter, Kennedy, and Oldham.
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Referred to:  Appropriations.
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April 1, 1991

A BILL TO BE ENTITLED
AN ACT TO AUTHORIZE THE CONSTRUCTION AND THE FINANCING, WITHOUT APPROPRIATIONS FROM THE GENERAL FUND, OF A CAPITAL IMPROVEMENTS PROJECT AT WINSTON-SALEM STATE UNIVERSITY.
The General Assembly of North Carolina enacts:
Section 1.  The purpose of this act is to authorize construction, by Winston-Salem State University, of a 400 Student Men's Dormitory, in the amount of nine million one hundred twenty-four thousand two hundred dollars ($9,124,200), and to authorize the financing of this capital improvements project from funds available to the institution from gifts, grants, receipts, self-liquidating indebtedness, or other funds, or any combination of such funds, but not including funds appropriated from the General Fund of the State.
Sec. 2.  The project hereby authorized to be constructed and financed as provided in Section 1 of this act is as follows:
1.  Winston-Salem State University
a.  400 Student Men's Dormitory      $9,124,200.
Sec. 3.  At the request of The University of North Carolina Board of Governors and upon determining that it is in the best interest of the State to do so, the Director of the Budget may authorize an increase or decrease in the scope of or a change in the method of funding for the project authorized by this act.  In making a determination of whether to authorize a change in scope or funding, the Director of the Budget may consult with the Advisory Budget Commission.  In no event may appropriations from the General Fund be used for the project authorized by this act.
Sec. 4.  This act is effective upon ratification.