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RESOLUTION ON THE BOND ISSUE
 
 
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RESOLUTION ON THE BOND ISSUE

WHEREAS, the General Assembly at the 2002 Session approved the Commonwealth of Virginia Educational Facilities Bond Act of 2002; and


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WHEREAS, the citizens of Virginia will be asked to approve this General Obligation Bond issue in a referendum to be held on November 5, 2002; and

WHEREAS, the proposed bond issue would provide funds for a number of projects vital to higher education in general in Virginia, as well as money for several cultural institutions; and

WHEREAS, the bond issue includes $68,319,000 for nine projects at the University in Charlottesville, and $9,475,000 for one project at The University of Virginia's College at Wise, all of them important to the mission the two institutions;

RESOLVED that the Board of Visitors endorses the bond issue, expresses its gratitude to the Governor and to the General Assembly for this approval of projects that are vital to higher education in Virginia, and encourages supporters of the University of Virginia and The University of Virginia's College at Wise to do everything possible to promote the approval of the bond issue in November.