NORTH CAROLINA GENERAL ASSEMBLY

1977 SESSION

 

 

CHAPTER 195

SENATE BILL 139

 

 

AN ACT TO AMEND THE AUTHORIZATION FOR WHOLLY SELF-LIQUIDATING PROJECTS FOR NORTH CAROLINA STATE UNIVERSITY AT RALEIGH THAT WERE ORIGINALLY ENACTED BY CHAPTER 523 OF THE 1973 SESSION LAWS AND WERE AMENDED BY CHAPTER 918 OF THE 1975 SESSION LAWS.

 

Whereas, the 1973 General Assembly authorized wholly self-liquidating projects for a parking structure, a residence hall, and married student housing for North Carolina State University at Raleigh at an estimated total cost of nine million sixty thousand dollars ($9,060,000) (based on cost estimates at that time), and the 1975 General Assembly increased the authorized cost to eleven million sixty thousand dollars ($11,060,000) (based on cost estimates at that time); and

Whereas, the total authorized cost for these projects must now be increased to thirteen million three hundred fifty thousand dollars ($13,350,000) (based on current cost estimates); Now, therefore,

 

The General Assembly of North Carolina enacts:

 

Section 1.  Section 4 of 1973 Session Laws Chapter 523, as amended by 1975 Session Laws Chapter 918, is further amended by rewriting the authorization for the North Carolina State University at Raleigh wholly self-liquidating parking structure, residence hall, and married student housing projects on pages 769 and 770 of the 1973 Session Laws to read as follows:

North Carolina State University at Raleigh

1.      Parking Structure II                                            $ 2,600,000

Less Self-Liquidating                                            2,600,000                     -0-

2.      Residence Hall for 500 students                          $ 3,350,000

Fixed Equipment                                                       250,000

Movable Equipment                                                  150,000

                                                                                   $ 3,750,000

Less Self-Liquidating                                            3,750,000                     -0-

3.      Married Student Apartments                               $ 6,600,000

Fixed Equipment                                                       400,000

                                                                                   $ 7,000,000

Less Self-Liquidating                                            7,000,000                     -0-

Sec. 2.  This act shall become effective upon ratification.

In the General Assembly read three times and ratified, this the 13th day of April, 1977.