A BILL TO BE ENTITLED
AN ACT TO AUTHORIZE THE CONSTRUCTION AND THE FINANCING, WITHOUT APPROPRIATIONS FROM THE GENERAL FUND, OF CERTAIN CAPITAL IMPROVEMENTS PROJECTS OF THE CONSTITUENT INSTITUTIONS OF THE UNIVERSITY OF NORTH CAROLINA.
The General Assembly of North Carolina enacts:
SECTION 1.  The purpose of this act is:  (i) to authorize the construction or acquisition by certain constituent institutions of The University of North Carolina of the capital improvements projects listed in the act for the respective institutions, and (ii) to authorize the financing of these projects with funds available to the institutions from gifts, grants, receipts, self‑liquidating indebtedness, Medicare reimbursements for education costs, or other funds, or any combination of these funds, but not including funds received for tuition or appropriated from the General Fund.
SECTION 2.  The capital improvements projects, and their respective costs, authorized by this act to be constructed or otherwise acquired and financed as provided in Section 1 of this act, including by revenue bonds, by special obligation bonds as authorized in Section 5 of this act, or by both, are as follows:

Appalachian State University
Central Dining Facility – Phase II	$4,850,000

East Carolina University
Mendenhall Student Center and Ledonia Wright Cultural Center – 
Expansion and Renovation	$39,000,000
Todd Dining Hall – Renovation	$2,100,000
Brody School of Medicine – Renovations	$1,200,000
Brody School of Medicine – Health Science Campus – Renovations	$6,000,000

Elizabeth City State University
Residence Hall – Heating, Ventilating, and Air Conditioning
Improvements	$1,500,000

North Carolina State University
Derr Track – Renovation and Expansion – Phase II	$2,500,000
Partners VI Building and Parking Deck	$40,000,000
Centennial Campus Infrastructure	$10,000,000

The University of North Carolina at Chapel Hill
Food Service Facilities – Renovation and Expansion	$3,500,000
Science Complex – Phase II	$92,200,000
Carmichael Auditorium – Renovation and Expansion	$15,000,000
Research Resource Facility – Phase II	$12,400,000
Residence Halls – Improvements	$2,000,000
Woollen Gymnasium – Renovation	$4,500,000
Boshamer Baseball Stadium – Improvements	$14,000,000
Cogeneration Warehouse	$500,000
Steam Infrastructure Improvements	$55,700,000
Electrical Infrastructure Improvements	$29,530,000
Bell Tower Development – Phase I	$10,000,000
Global Education & International Studies Center – Improvements	$2,500,000

The University of North Carolina at Charlotte
Prospector Hall – Renovation – Phase II	$4,000,000
Residence Halls – Phase IX	$38,800,000

The University of North Carolina at Greensboro
Residence Hall – Acquisition	$29,500,000

The University of North Carolina at Wilmington
Residence Halls – Improvements	$4,900,000

Western Carolina University
Residence Hall – Renovation and Expansion	$1,000,000

Winston‑Salem State University
Residence Hall – Renovation	$4,500,000
SECTION 3.  The following capital improvements projects are authorized by the Board of Governors as supplements to previously approved projects, and their respective costs are authorized by this act to be constructed and financed as provided in Section 1 of this act, including by revenue bonds, by special obligation bonds as authorized in Section 5 of this act, or by both:

North Carolina State University
Residence Halls – Renovation – Supplement	$11,500,000
Thompson Theater – Renovation and Expansion – Supplement	$4,500,000

The University of North Carolina at Chapel Hill
Residence Halls – Improvements – Supplement	$2,500,000
Botanical Garden Visitor Education Center – Supplement	$5,000,000
Educational Foundation Office Building – Supplement	$12,000,000
Cobb Residence Hall – Renovation – Supplement	$5,116,000
Residence College – Phase II – Supplement	$8,000,000
Rizzo Center – Expansion – Supplement	$5,300,000

The University of North Carolina at Charlotte
Student Union – Supplement	$10,000,000

The University of North Carolina at Greensboro
Parking Deck Addition – Supplement	$1,000,000

The University of North Carolina at Pembroke
University Center Expansion – Supplement	$2,000,000

The University of North Carolina at Wilmington
University Union Building – Expansion and Renovation – 
Supplement	$12,000,000

Western Carolina University
Dodson Cafeteria Replacement – Supplement	$12,250,000
New Student Recreation Center – Supplement	$6,200,000
SECTION 4.  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 cost of, or a change in the method of, funding the projects authorized by this act.  In determining whether to authorize a change in cost or funding, the Director of the Budget may consult with the Joint Legislative Commission on Governmental Operations.
SECTION 5.  Pursuant to G.S. 116D‑26, the Board of Governors may issue, subject to the approval of the Director of the Budget, at one time or from time to time, special obligation bonds of the Board of Governors for the purpose of paying all or any part of the cost of acquiring, constructing, or providing for the projects authorized by Sections 2 and 3 of this act. The maximum principal amount of bonds to be issued shall not exceed the specified project costs in Sections 2 and 3 of this act plus five percent (5%) of such amount to pay issuance expenses, fund reserve funds, pay capitalized interest, and pay other related additional costs, plus any increase in the specific project costs authorized by the Director of the Budget pursuant to Section 4 of this act.
SECTION 6.  With respect to The University of North Carolina at Chapel Hill's Research Resources Facility capital project, the institution may accomplish construction and financing notwithstanding the requirement in G.S. 116D‑22(5) as to location at the institution.
SECTION 7.  With respect to the forty-seven million five hundred twenty-two thousand dollars ($47,522,000) Major Infrastructure Improvements capital project at the University of North Carolina at Chapel Hill that was previously approved in S.L. 2005‑324, the institution may accomplish a portion thereof by payment to Duke Power Company LLC to acquire distribution capacity in improvements to be constructed by Duke Power Company LLC to three electrical substations located on the institution's property and by negotiating and executing any rights‑of‑way, easements, leases, and any other required agreements with Duke Power Company LLC necessary for the completion of the improvements, notwithstanding any other provisions of the General Statutes governing such negotiation and execution of such rights‑of‑way, easements, leases, or other required agreements therefor.
SECTION 8.  With respect to the thirty million dollars ($30,000,000) Student Housing project at North Carolina Central University that was previously approved in S.L. 2005‑324, the institution may construct one or more new or purchase one or more existing buildings to meet its need for student housing.
SECTION 9.  This act is effective when it becomes law.