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new construction on Virginia's public college campuses.
More than $159 million in projects are included that will benefit each of the 23 community colleges and strengthen their efforts to provide the essential work force training required for high-tech jobs.
These projects will provide adequate facilities in which Virginia citizens can continue to have access to life changing opportunities to better themselves through quality higher education programs that are affordable and close to home. Passage of this bond package is projected to generate more than $1.5 billion in near-term economic activity by 2008 and create almost 14,000 new jobs.
Passage of this referendum will not increase taxes and will not affect Virginia's coveted "AAA" bond rating because passage will still leave the commonwealth with ample capacity to repay debt.
Virginia's economic growth, prosperity and quality of life are dependent upon the commonwealth's ability to provide high quality educational opportunities for its dt
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