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Gov. Rick Scott earlier today authorized $20 million in state funding toward the construction of the new academic building at UCF Downtown.

The following is a statement from University of Central Florida President John C. Hitt:

“This is one of the most important milestones in UCF’s history. We appreciate Gov. Scott’s support and his sharing our belief that UCF Downtown will transform the lives of our students and the future of our community. UCF, Orlando and the state will benefit from this decision for decades to come.”

Check back soon for more updates.