The University of Tennessee at Knoxville is seeking to adjust the budget for the rehabilitation of Lindsey Nelson Stadium due to unforeseen soil and utility conditions encountered during the construction process. The university has proposed an increase of $9.3 million, which is intended to facilitate necessary utility enhancements at the baseball facility. This budget amendment will be presented for a vote by the UT System Board of Trustees.
If approved, this adjustment would elevate the total budget for the stadium’s reconstruction to $105.1 million, allowing for the coverage of actual expenses and comprehensive construction documentation. Importantly, the proposed increase will not affect the Tennessee State School Bond Authority bonds currently utilized by the university; instead, the additional funds will be sourced from donations made to the University of Tennessee.
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