State legislature funds renovation, new building for two Carolina schools Posted Jul 13, 2020 A bill passed by the N.C. General Assembly and signed by Gov. Roy Cooper allocates $125 million to UNC for much-needed construction. The School of Nursing will receive $50 million to renovate or rebuild Carrington Hall and Kenan-Flagler Business School will receive $75 million for a proposed new building that will allow the school to increase enrollment. (UNC.edu)