NORTH CAROLINA GENERAL ASSEMBLY

1981 SESSION

 

 

CHAPTER 1184

SENATE BILL 131

 

 

AN ACT TO AUTHORIZE THE CONSTRUCTION AND FINANCING WITHOUT APPROPRIATIONS FROM THE GENERAL FUND OF A DORMITORY AT UNC-ASHEVILLE.

 

The General Assembly of North Carolina enacts:

 

Section 1. The Board of Governors of The University of North Carolina is authorized to construct a dormitory on its campus at The University of North Carolina-Asheville, and is authorized to finance the dormitory's cost of four million three hundred eighty thousand dollars ($4,380,000) with funds available to it from gifts, grants, receipts, special funds, self-liquidating indebtedness or other funds, or any combination of these funds, but not including funds appropriated from the General Fund of the State.

Prior to the execution of the design contracts for the dormitory, the Advisory Budget Commission shall approve the method of funding.

Sec. 2. This act is effective upon ratification.

In the General Assembly read three times and ratified, this the 17th day of June, 1982.