The
Bond Issue for Higher Education
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The
Bond Issue for Higher Education
General Obligation
Bond 2002 | The Ballot Question | RBC Projects | RBC
Students Attend Bond Rally | Link to FAQs | Link to List of Projects |Bond
Issue Passes
General Obligation Bond
2002
The Virginia General Assembly approved a $900.5 million
general obligation bond package for educational facility capital projects. Governor
Warner has signed this into law. However, for it to take effect, Virginia voters
must approve the bond package on November 5th. The funds from this bond issue
will be used for new construction and for renovation and modernization of buildings
at the public colleges and universities in Virginia and museums and historical
sites. Our colleges and universities will be able to accommodate more students;
our colleges and universities will be able to attract better students; our colleges
and universities will be able to provide facilities that will support the latest
research methodologies; and our colleges and universities will be able to provide
students with the skills necessary to compete in our economy.
This bond does not raise taxes or tuition and it
does not affect Virginia's bond rating.
The Ballot Question
"Shall Chapter 859, Acts of the General Assembly
of 2002, authorizing the issuance of general obligation bonds of the Commonwealth
of Virginia in the maximum amount of $900,488,645 pursuant to Article X, Section
9 (b) of the Constitution of Virginia for capital projects for education facilities,
take effect?"
RBC Projects
Passage of this bond will provide $2.7 million for
library renovation and expansion and $800,000 for renovation of the art building.
The library will be able to expand to the second floor of the student center,
providing space for additional student seating, additional computer terminals,
and additional research facilities. The former art building will be converted
to house admission and financial aid offices, thereby consolidating student
services.
RBC Students Attend Bond
Rally
On Tuesday, September 3, 2002, a Richmond Regional
Kickoff Event in support of this bond issue was held at the Siegel Center. Guest
speakers were Governor Mark Warner; Lieutenant Governor Tim Kaine, Attorney
General Jerry Kilgore, and Virginia Secretary of Education Belle Wheelan. This
photo shows Dr. McNeer, President of RBC, and RBC students who attended the
rally.


Bond issue supporters from RBC with Virginia government officials

RBC students with Governor Mark Warner
Link to FAQs
Link to this website from the University
of Virginia for more
information about the bond issue.
Link to Projects
Link to this website from Virginia
Tech for a list of the 2002 General Obligation Bond Projects at colleges,
universities and museums.
Back to
top
Bond
Issue Passes

Dr.
McCartan, Provost; Dr. McNeer, President; Dr. Cherry, Library Director;
Mr. Dean, Director of Admissions and Student Development
On November the 6th, faculty, staff and students
joined together in the lobby of the library building to celebrate the approval
of the bond issue. The RBC Library will be expanded to include an additional
7600 square feet of space currently occupied by the admissions offices. The
art building will be renovated in order to house student services including
admissions, financial aid, and several student-run groups.
 
 
 
 
library@rbc.edu | Last Update:
May 11, 2010
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