Gilmore Proposes Higher Education Bond Initiative
Posted: December 14, 2001 at 1:00 am, Last Updated: November 30, -0001 at 12:00 am
Gov. James Gilmore unveiled a “higher education bond initiative for the 21st century” at a press conference held yesterday in the Johnson Center Cinema. The proposed bond totals $927 million out of which approximately $75.7 million would go to George Mason, according to the governor.
“The pressures on Virginia’s institutions of higher education with the anticipated increase in college bound high school graduates and the growing need for research–especially in information technology and the life sciences–makes funding for new buildings at George Mason’s three campuses a critical need,” said President Alan Merten. “We are most grateful to the governor for his foresight in proposing this capital outlay plan.”
Gilmore (left) greets Merten at yesterday’s press conference. Also present were representatives from various institutions throughout the state and approximately 300 members of the George Mason community.
At George Mason, as outlined in the governor’s proposal, bond monies would pay for the construction of Academic Building IV at Fairfax, Housing Building V at Fairfax, Academic II at Arlington, and Academic IIIA at Prince William. Additionally, it would fund the renovation of the Commonwealth and Dominion housing facilities.
It is anticipated that this bond initiative will be among the first items of discussion and possible action by the General Assembly when it reconvenes in 2002.