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AMENDMENT OF PRIOR RESOLUTION PERTAINING TO CLINCH VALLEY COLLEGE STUDENT HOUSING PROJECT
 
 
 
 
 
 
 
 
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AMENDMENT OF PRIOR RESOLUTION PERTAINING TO CLINCH VALLEY
COLLEGE STUDENT HOUSING PROJECT

The following resolution was adopted:

  • WHEREAS The Rector and Visitors of the University of Virginia adopted a resolution on May 24, 1991 (the "1991 Resolution") requesting the Treasury Board of the Commonwealth of Virginia to sell and issue bonds for a student residence facility (Capital Outlay Project Number 15161) for Clinch Valley College (the "Project") pursuant to the Commonwealth of Virginia Higher Educational Institutions Bond Act of 1991 (the "1991 Act"); and
  • WHEREAS the 1991 Act has been or will be repealed by the Commonwealth of Virginia Higher Educational Institutions Bond Act of 1992 (the "1992 Act"), which includes the Project as a revenue-producing capital project for which bonds are authorized to be issued; and

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  • WHEREAS the 1992 Act similarly may be repealed but the Project continued as an authorized project for bond financing through subsequent legislation; and
  • RESOLVED by The Rector and Visitors of the University of Virginia that the definition of "Act" in the 1991 Resolution be and it is hereby amended to include the 1992 Act and any other Act that includes the Project as a revenue-producing capital project for which bonds may be issued; and
  • FURTHER RESOLVED that except as amended hereby, the 1991 Resolution be and it is hereby ratified and confirmed; and
  • FURTHER RESOLVED that this resolution shall take effect immediately.