South Carolina General Assembly
105th Session, 1983-1984

Bill 400


                    Current Status

Bill Number:               400
Ratification Number:       139
Act Number                 78
Introducing Body:          Senate
Subject:                   State capital improvement bonds
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(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

(A78, R139, S400)

AN ACT TO AMEND ACT 1377 of 1968, AS AMENDED, RELATING TO STATE CAPITAL IMPROVEMENT BONDS, SO AS TO REDUCE BOND AUTHORIZATIONS AND MODIFY THE APPROPRIATE PROVISOS FOR THE CITADEL, CLEMSON UNIVERSITY, LANDER COLLEGE, SOUTH CAROLINA STATE COLLEGE, AND LOCAL CAMPUSES OF THE UNIVERSITY OF SOUTH CAROLINA.

Be it enacted by the General Assembly of the State of South Carolina:

Bond authorizations for The Citadel

SECTION 1. Subitem 3 of item (f) of Section 3 of Act 1377 of 1968, as added by Section 2 of Act 179 of 1981, is amended to read:

"3. THE CITADEL:

1. LeTellier Hall

addition and renovations $ 436,000

2. Cadet Services

building supplement 8,606

TOTAL, The Citadel $ 444,606

Provided, that authorization is hereby granted to The Citadel to finance $564,000 of the costs of LeTellier Hall presently estimated to cost $1,000,000 and $250,394 of the costs of the Cadet Services building supplement presently estimated to cost $259,000 from debt service surplus."

Bond authorizations for Clemson University

SECTION 2. Subitem 4 of item (f) of Section 3 of Act 1377 of 1968, as added by Section 2 of Act 179 of 1981, is amended to read:

"4. CLEMSON UNIVERSITY:

1. New chemistry building $ 5,855,000

TOTAL, Clemson University 5,855,000

Provided, that authorization is hereby granted to Clemson University to finance $3,545,000 of the costs of the new chemistry building project from State Institution Bond proceeds or debt service surplus.

Provided, that in view of the decision to abandon the project to renovate Brackett Hall, the General Assembly hereby directs that the $2,200,000 authorized for that purpose in Act 518 of 1980 be used to help finance the new chemistry building project authorized above.

Provided, that authorization is hereby granted to Clemson University to finance the new Performing Arts Center with $8,800,000 of private funds."

Bond authorizations for Lander College

SECTION 3. Subitem 6A of item (f) of Section 3 of Act 1377 of 1968, as added by Section 2 of Act 179 of 1981, is amended to read:

"6A. LANDER COLLEGE:

1. College Center Phase II $ 5,415,000

TOTAL, Lander College $ 5,415,000"

Bond authorizations for South Carolina State College

SECTION 4. Subitem 7 of item (f) of Section 3 of Act 1377 of 1968, as added by Section 2 of Act 179 of 1981, is amended to read:

"7. SOUTH CAROLINA STATE COLLEGE:

1. School of Business Administration $3,300,000

TOTAL, South Carolina State College $3,300,000

Provided, that authorization is hereby granted to South Carolina State College to finance the women's residence hall project, presently estimated to cost $2,520,000, from Student and Faculty Housing Revenue Bond proceeds.

Provided, that authorization is hereby granted to South Carolina State College to finance $2,864,300 of the cost of the School of Business Administration project, presently estimated to cost a total of $6,164,300, through the use of any state institution bond debt service funds determined to be surplus by the State Treasurer and/or the proceeds of any issue of such bonds or notes for which the institution has the capability, as determined by the State Treasurer, not heretofore authorized by the General Assembly or approved by the Budget and Control Board, after review by the Joint Bond Review Committee, for use on a particular permanent improvement project."

Bond authorizations for the University of South Carolina

SECTION 5. Subitem 8 of item (f) of Section 3 of Act 1377 of 1968, as added by Section 2 of Act 179 of 1981, is amended to read:

"8.UNIVERSITY OF SOUTH CAROLINA:

Aiken Campus:

1. Fine Arts Center $ 1,500,000

Total, Aiken Campus $ 1,500,000

Provided, that the authorization above for the Aiken Fine Arts Center is conditioned upon the provision of $1,500,000 from the Etherredge Bequest or by other means.

Columbia Campus:

Provided, that authorization is hereby granted to the Columbia Campus of the University of South Carolina to finance the Engineering Building Project with $575,000 of private funds.

Salkehatchie Campus:

Provided, that authorization is hereby granted to the University of South Carolina--Salkehatchie Campus to finance the health, safety, energy efficiency project, presently estimated to cost $65,000, from surplus State Institution Bond debt service funds.

Spartanburg Campus:

1. Humanities/Science Building $ 5,476,000

Total, Spartanburg Campus $ 5,476,000

Provided, that authorization is hereby granted to the University of South Carolina--Spartanburg Campus to finance $550,000 of the cost of the Humanities/Science Building project, presently estimated to cost a total of $6,026,000, through the use of any state institution bond debt service funds determined to be surplus by the State Treasurer and/or the proceeds of any issue of such bonds or notes for which the institution has the capability, as determined by the State Treasurer, not heretofore authorized by the General Assembly or approved by the Budget and Control Board, after review by the Joint Bond Review Committee, for use on a particular permanent improvement project.

Sumter Campus:

1. Humanities/Health Science

Center $ 3,650,000

Total, Sumter Campus $ 3,650,000

Provided, that authorization is hereby granted to the University of South Carolina--Sumter Campus to finance $350,000 of the cost of the Humanities/Health Science Center project, presently estimated to cost a total of $4,000,000, through the use of any state institution bond debt service funds determined to be surplus by the State Treasurer and/or the proceeds of any issue of such bonds or notes for which the institution has the capability, as determined by the State Treasurer, not heretofore authorized by the General Assembly or approved by the Budget and Control Board, after review by the Joint Bond Review Committee, for use on a particular permanent improvement project.

TOTAL, University of South Carolina: $ 10,626,000."

Time effective

SECTION 6. This act shall take effect upon approval by the Governor.