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Governor Perdue Announces Bond Package for Board of Regents
| Thursday, January 11, 2007 |
Contact: Office of Communications 404-651-7774
|
Governor Perdue Announces Bond Package for Board of Regents
$228 Million Package Will Meet Growing Demand for Higher Education in Georgia
ATLANTA – Governor Sonny Perdue announced today a $228 million bond package for Georgia’s Board of Regents. The bonds will fund critical new construction and renovation projects throughout Georgia’s University system. These projects are included in Governor Perdue’s FY08 budget proposal, which was presented today to the Georgia General Assembly during the Governor’s annual State of the State Address.
“In my Inaugural Address I spoke about moving Georgia forward toward a world class education system,” said Governor Sonny Perdue. “These projects help us accomplish that task and meet the needs of a growing state.”
The Governor’s budget also includes $17.5 million cash for major repairs and rehabilitation, making the total funding for major repairs and rehabilitation $60 million. The list of Governor Perdue’s FY08 Board of Regents bond projects is attached.
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|
Purpose |
Principal |
|
Fund major repairs and rehabilitation, statewide |
$42,500,000 |
|
Purchase equipment for Parks Nursing Center, Georgia College and State University, Milledgeville, Baldwin County |
$1,000,000 |
|
Purchase equipment for Health, Wellness, Lifelong Learning Center, University of West Georgia, Carrollton, Carroll County |
$3,000,000 |
|
Purchase equipment for Library and Technology Center, North Georgia College and State University, Dahlonega, Lumpkin County |
$2,000,000 |
|
Construct an Academic Classroom Building, Savannah State University, Savannah, Chatham County |
$12,700,000 |
|
Design and construct the Professional Sciences Center, Macon State College, Macon, Bibb County |
$22,200,000 |
|
Design and construct the Academic Classroom Building, Fort Valley State University, Fort Valley, Peach County |
$16,800,000 |
|
Design and construct the College of Pharmacy, University of Georgia, Athens, Clarke County |
$37,205,000 |
|
Design and construct the Health Sciences Building, Kennesaw State University, Kennesaw, Cobb County |
$42,500,000 |
|
Design and construct a Library, Georgia Gwinnett College, Lawrenceville, Gwinnett County |
$28,300,000 |
|
Fund major research and development equipment for Georgia Research Alliance, Atlanta, Augusta, and Athens |
$19,000,000 |
|
Purchase equipment for ongoing program Traditional Industries Program (TIP) Research, statewide |
$900,000 |
|
Subtotal |
$228,105,000 |
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