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RESOLUTION ON GENERAL OBLIGATION BOND
 
 
 
 
 
 
 
 
 


4272

RESOLUTION ON GENERAL OBLIGATION BOND

The following resolution was adopted:

  • WHEREAS, the Commonwealth of Virginia, over the past six years, has not provided General Fund support for capital outlay construction at its colleges and universities;
  • WHEREAS, there is critical need for new space and improvements to existing space at the University of Virginia and elsewhere in public higher education to accommodate current academic, research, and service programs;
  • WHEREAS, there is also a need to begin to provide the space necessary to accommodate expected and planned enrollment growth at the University and elsewhere in public higher education in 1996;
  • NOW THEREFORE BE IT RESOLVED that The Rector and Visitors of the University of Virginia strongly endorse a General Obligation Bond Issue in 1992-1994 that will address the most critical capital outlay needs of the institutions of higher education in Virginia.