GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION 2007
S D
SENATE DRS65202-LYx-172 (3/13)
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Short Title: UNC Non-Appropriated Capital Projects. |
(Public) |
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Sponsors: |
Senator Kerr. |
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Referred to: |
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A BILL TO BE ENTITLED
AN ACT TO AUTHORIZE THE CONSTRUCTION AND THE FINANCING, WITHOUT APPROPRIATIONS FROM THE GENERAL FUND, OF CERTAIN CAPITAL IMPROVEMENTS PROJECTS OF THE CONSTITUENT INSTITUTIONS 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 or acquisition by certain constituent institutions of The University of North Carolina of the capital improvements projects listed in this 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, 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 or otherwise acquired and financed as provided in Section 1 of this act, are as follows:
Appalachian State University
Frank Residence Hall Renovation $7,461,000
Steam Distribution Improvements - Phase IV $3,086,000
East Carolina University
Family Medicine Center - Supplement $6,000,000
North Carolina State University
Companion Animal Hospital $34,000,000
Residence Halls - Improvements and Infrastructure
Expansion $13,000,000
The University of North Carolina at Chapel Hill
College of Arts and Sciences - Digital Multimedia
Center and Music Library $4,000,000
Rosenau Hall Laboratory Building - Comprehensive
Renovation $1,124,000
Science Complex - Phase I $20,000,000
Hanes Hall $750,000
Genomic Sciences Building $12,500,000
Electrical Infrastructure Improvements $9,300,000
Information Technology Infrastructure Improvements $11,800,000
Translational Medicine Program Facility Renovation $4,000,000
Henry Stadium Renovation $2,000,000
Carmichael Auditorium - Supplement $2,000,000
Woollen Gymnasium - Supplement $2,000,000
McColl Building Expansion and Renovation $6,500,000
Bell Tower Development Parking $30,000,000
Chilled Water Infrastructure $39,600,000
The University of North Carolina at Wilmington
Residence Halls - Improvements $5,000,000
Marine Biotechnology Research Facility $15,000,000
Western Carolina University
Residence Halls - Construction/Acquisition $44,560,000
SECTION 3. 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 4. 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 Section 2 and Section 7 of this act. The maximum principal amount of bonds to be issued shall not exceed the specified project costs in Section 2 and Section 7 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 3 of this act.
SECTION 5. With respect to the Aquaculture Hatchery Biotech Research Facility project at the University of North Carolina at Wilmington, the institution may accomplish construction and financing through lease arrangements to and from the UNCW Foundation, Inc.
SECTION 6. With respect to the Residence Halls project at Western Carolina University, the institution may accomplish construction and financing through lease arrangements to and from the Western Carolina University Research and Development Corporation.
SECTION 7. The University of North Carolina at Chapel Hill may accomplish the financing of the acquisition and implementation of certain components of its enterprise administrative systems, including, but not limited to, Student, Human Resources, Payroll, and Finance, in an amount not to exceed fifty-nine million dollars ($59,000,000). Costs related to the project may include, but not be limited to, costs of applicable hardware, software, consulting services, project and support staff, renovation of the Porthole Building on the campus of the University of North Carolina at Chapel Hill, training services, leases of space for the project, and any technical infrastructure components required to implement the systems for the duration of the project. The project shall be deemed to be a "capital facility" and a "special obligation bond project" for purposes of G.S. 116D-22(5).
SECTION 8. This act is effective when it becomes law.