A BILL TO BE ENTITLED
AN act to appropriate funds to plan and construct a new veterinary facility at north carolina state university.
Whereas, the North Carolina State University College of Veterinary Medicine is the only veterinary college in the State and one of the highest ranked colleges of its kind in the country; and
Whereas, the College's current 55,000 square foot Veterinary Teaching Hospital opened in 1983 and was designed to accommodate a maximum of 12,000 companion animal cases per year; and
Whereas, plans have been made to construct a new facility adjacent to the current hospital, which will provide 120,000 square feet of clinical space, accommodate up to 25,000 companion animal cases per year, and allow expansion of the current equine teaching hospital facilities; and
Whereas, the new facility will be named for the late North Carolina businessman, philanthropist, and NCSU supporter, Randall B. Terry, Jr., whose Charitable Foundation gave North Carolina State University $20 million during the University's $1 billion Achieve! Campaign in 2005, the university's largest gift in history; and
Whereas, the proposed Randall B. Terry Companion Animal Veterinary Medical Center is expected to cost $72 million; and
Whereas, State funds are needed to match the $34 million that have been raised through private donations to assure that planning and timely construction of the facility will proceed; and
Whereas, this project is on The University of North Carolina's General Administration Capital Appropriations Priorities List as approved by the Board of Governors; Now, therefore,
The General Assembly of North Carolina enacts:
SECTION 1.  There is appropriated from the General Fund to the Board of Governors of The University of North Carolina the sum of nineteen million dollars ($19,000,000) for the 2007‑2008 fiscal year and the sum of nineteen million dollars ($19,000,000) for the 2008‑2009 fiscal year to be allocated to North Carolina State University for use in planning and constructing the Randall B. Terry Companion Animal Veterinary Medical Center for the University's College of Veterinary Medicine.
SECTION 2.  This act becomes effective July 1, 2007.