SB 501-1_ Filed 02/25/2002, 07:38 Avery
Adopted 2/25/2002

Text Box

    PREVAILED      Roll Call No. _______
    FAILED        Ayes _______
    WITHDRAWN        Noes _______





    I move that Engrossed Senate Bill 501 be amended to read as follows:

SOURCE: Page 5, line 13; (02)MO050102.5. -->     Page 5, between lines 13 and 14, begin a new paragraph and insert:
SOURCE: ; (02)MO050102.6. -->     "SECTION 6. [EFFECTIVE UPON PASSAGE] The board of trustees of the University of Southern Indiana may issue and sell bonds under IC 20-12-6, subject to the approvals required by IC 20-12-5.5 and IC 23-13-18, for the library/classroom expansion/renovation, so long as the sum of principal costs of any bonds authorized by this act for the project, excluding amounts necessary to provide money for debt service reserves, credit enhancement, or other costs incidental to the issuance of the bonds, does not exceed twenty-nine million dollars ($29,000,000). The project is eligible for fee replacement.".
    Renumber all SECTIONS consecutively.
    (Reference is to ESB 501 as printed February 22, 2002.)


Representative Avery

MO050102/DI 14     2002