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REPORT BY THE RECTOR ON THE ACTION OF THE EXECUTIVE COMMITTEE REGARDING THE APPROVAL OF LEASE/PURCHASE AGREEMENT FOR SYNTHETIC TURF FOR SCOTT STADIUM
 
 
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REPORT BY THE RECTOR ON THE ACTION OF THE EXECUTIVE COMMITTEE
REGARDING THE APPROVAL OF LEASE/PURCHASE AGREEMENT FOR SYNTHETIC
TURF FOR SCOTT STADIUM

The Rector reported that in accordance with Section 3.1 of the Manual of the Board of Visitors and pursuant to Section 13.1-216 of the Code of Virginia the Executive Committee approved a lease/purchase agreement for the synthetic turf for Scott. Stadium with the firm of Horner, Barksdale and Company, and authorized the Comptroller or the University Comptroller to execute the lease and any and all documents relating to the lease purchase financing of the synthetic turf for Scott Stadium.