 | Board of Visitors minutes June 4, 1977 |  |
RESOLUTION IN SUPPORT OF A BOND ISSUE FOR SPECIAL STATE CAPITAL
OUTLAY PROJECTS
- The following resolution was adopted:
- WHEREAS the continued progress of the Commonwealth is so largely dependent on the availability of educational opportunities for its young men and women, of mental care for those in need, and in great need of modern correctional facilities, and the need for park and recreational facilities;
- WHEREAS if the institutions are to meet these needs additional facilities are absolutely essential;
- WHEREAS the funds available to the 1977 General Assembly were insufficient to provide the facilities now so urgently needed by these institutions; and
- WHEREAS the 1977 General Assembly, being fully cognizant of the urgency to continue the momentum toward more effective higher education and mental and correctional care, and of the need for other facilities, wisely decided to utilize the emergency clause in the State Constitution by directing a referendum on the issuance of $125 million in bonds to finance these facilities that will be used for years to come by many generations of students, patients, and inmates;
- NOW THEREFORE BE IT RESOLVED that The Rector and Visitors of the University of Virginia respectfully recommend to the voters of Virginia the authorization of this limited indebtedness as a sound investment in the future welfare of the Commonwealth; and
- RESOLVED FURTHER that students, friends, and alumni of the University of Virginia are urged to work actively for the approval of the bond issue, inasmuch as the University and its affiliates will receive therefrom funds to support the cost of facilities necessary to enable them to fulfill their obligations to the people of Virginia.
| Board of Visitors minutes June 4, 1977 | |