GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 1995

S	1 

SENATE BILL 584

Short Title:  ASU Self-Liquidating Project Auth./AB.	(Public)

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Sponsors: Senator Sherron.

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Referred to:  Appropriations

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April 4, 1995

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 APPALACHIAN STATE UNIVERSITY.
The General Assembly of North Carolina enacts:
Section 1.  The purpose of this act is to authorize the construction of a capital improvements project at Appalachian State University and to authorize the financing of the project from self-liquidating indebtedness, or other funds, but not including funds appropriated from the General Fund of the State.
Sec. 2.  The capital improvements project authorized to be constructed and financed as provided in Section 1 of this act is as follows:
1.	Appalachian State University
a.	Replacement of Artificial Surfaces
in Kidd Brewer Stadium 	$1,140,000.
Sec. 3.  At the request of the Board of Governors of The University of North Carolina 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 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 a project authorized by this act.
Sec. 4.  This act is effective upon ratification.