Bill Text: NC S1154 | 2010 | Regular Session | Chaptered


Bill Title: UNC Nonappropriated Capital Projects

Spectrum: Bipartisan Bill

Status: (Passed) 2010-08-02 - Ch. SL 2010-172 [S1154 Detail]

Download: North_Carolina-2010-S1154-Chaptered.html

GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 2009

 

 

SESSION LAW 2010-172

SENATE BILL 1154

 

 

AN ACT TO AUTHORIZE THE CONSTRUCTION AND THE FINANCING, WITHOUT APPROPRIATIONS FROM THE GENERAL FUND, OF CERTAIN CAPITAL IMPROVEMENTS PROJECTS OF THE CONSTITUENT INSTITUTIONS AND AFFILIATED ENTERPRISES OF THE UNIVERSITY OF NORTH CAROLINA.

 

The General Assembly of North Carolina enacts:

 

SECTION 1.  The purpose of this act is:  (i) to authorize the construction by certain constituent institutions and affiliated enterprises of The University of North Carolina of the capital improvements projects listed in the act for the respective institutions and (ii) to authorize the financing of these projects with funds available to the institutions from gifts, grants, receipts, self‑liquidating indebtedness, Medicare reimbursements for education costs, hospital receipts from patient care, or other funds, or any combination of these funds, but not including funds received for tuition or appropriated from the General Fund of the State.

SECTION 2.  The capital improvements projects, and their respective costs, authorized by this act to be constructed and financed as provided in Section 1 of this act, including by revenue bonds, by special obligation bonds as authorized in Section 6 of this act, or by both, are as follows:

 

Appalachian State University

Steam and Chilled Water Tunnel Serving the

Center for Student Leadership and Development                                     $ 2,752,000

Plemmons Student Union Expansion                                                                     20,619,000

Center for Student Leadership and Development Honors

Residence Hall                                                                                         32,887,000

Steam Distribution System Improvements Phase IV‑A                                         2,492,000

Winkler and Belk Residence Halls Fire Suppression

Sprinkler System Installations                                                                     1,162,000

 

East Carolina University

Clement and Greene Residence Halls Fire Suppression

Sprinkler System Installations                                                                     2,910,600

 

North Carolina A & T University

Aggie Stadium Press Box Renovation and Expansion                                              3,200,000

 

North Carolina State University

Talley Student Center Renovation and Expansion                                               120,000,000

Greek Village Townhouses                                                                                  25,000,000

 

The University of North Carolina at Asheville

Governors Village Renovation and Expansion                                                       24,917,000

 

The University of North Carolina at Chapel Hill

Carolina North Infrastructure Improvements                                                           5,000,000

Graham Student Union Renovations                                                                       7,500,000

Kenan Stadium Improvements, Phase 2 Carolina Student

Athlete Center for Excellence                                                                   55,000,000

Lenoir Hall Renovations                                                                                         5,000,000

Woollen Gymnasium Renovations, Phase 2                                                            7,100,000

 

The University of North Carolina at Charlotte

Football Complex                                                                                                45,394,000

Parking Deck I                                                                                                    28,080,000

 

The University of North Carolina at Greensboro

Quad Residence Halls Comprehensive Renovation

and Expansion                                                                                         52,500,000

Dining Hall Comprehensive Renovation                                                                31,500,000

Ragsdale and Mendenhall Residence Hall Fire

Suppression Sprinkler System Installations                                                 1,700,000

 

Western Carolina University

Residence Halls Renovation                                                                                   4,735,300

 

SECTION 3.  The capital improvements projects, and their respective costs, authorized by this act to be financed as provided in Section 1 of this act, including by revenue bonds, by special obligation bonds as authorized in Section 6 of this act, or by both, are as follows:

 

UNC Hospitals

Ambulatory Care Center (ACC) Expansion and Renovation                              $ 26,777,000

Imaging and Outpatient Center                                                                             21,871,000

General Internal Hospital Renovations and Equipment                                             6,000,000

 

SECTION 4.  Pursuant to G.S. 143C‑8‑12, the following projects are authorized for planning only and, for that purpose, are to be funded entirely with non‑General Fund money:

 

The University of North Carolina at Charlotte

New Residence Hall Phase X                                                                             $ 5,156,500

Residence Dining Hall Renovations/Replacement                                                    2,033,000

Parking Deck J                                                                                                      2,741,800

 

The University of North Carolina at Pembroke

Student Health Services Comprehensive Renovation and Addition                             390,052

 

SECTION 5.  At the request of the Board of Governors of The University of North Carolina and upon determining that it is in the best interest of the State to do so, the Director of the Budget may authorize an increase or decrease in the cost of, or a change in the method of, funding the projects authorized by this act. In determining whether to authorize a change in cost or funding, the Director of the Budget may consult with the Joint Legislative Commission on Governmental Operations.

SECTION 6.  Pursuant to G.S. 116D‑26, the Board of Governors may issue, subject to the approval of the Director of the Budget, at one time or from time to time, special obligation bonds of the Board of Governors for the purpose of paying all or any part of the cost of acquiring, constructing, or providing for the projects authorized by Sections 2 and 3 of this act. The maximum principal amount of bonds to be issued shall not exceed the specified project costs in Sections 2 and 3 of this act plus five percent (5%) of such amount to pay issuance expenses, fund reserve funds, pay capitalized interest, and pay other related additional costs, plus any increase in the specific project costs authorized by the Director of the Budget pursuant to Section 5 of this act.

SECTION 7.  With respect to the University of North Carolina at Chapel Hill's Kenan Stadium Improvements, Phase 2 Carolina Student Athlete Center for Excellence, capital project, the institution may accomplish construction and financing through lease arrangements to and from the Educational Foundation, Inc., or any other special purpose entity created for that purpose. After the completion of the renovation and improvement and acquisition of the project by the institution, and notwithstanding any provision of the General Statutes governing the negotiation and execution of contracts or leases for the operation and management of a facility, the institution may provide for the operation and management of all or part of the renovated and improved portion of Kenan Stadium by contracting with the Educational Foundation, Inc., or by leasing that portion of Kenan Stadium to the Educational Foundation, Inc., or by contracting with or leasing to any other special purpose entity created for that purpose.

SECTION 8.  This act is effective when it becomes law.

In the General Assembly read three times and ratified this the 8th day of July, 2010.

 

 

                                                                    s/  Walter H. Dalton

                                                                         President of the Senate

 

 

                                                                    s/  Joe Hackney

                                                                         Speaker of the House of Representatives

 

 

                                                                    s/  Beverly E. Perdue

                                                                         Governor

 

 

Approved 4:10 p.m. this 2nd day of August, 2010

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