Bill Summary for Bill Number Colorado School of Mines

Date: 12/02/2009

Final
Colorado School of Mines

COMMITTEE ON CAPITAL DEVELOPMENT

Votes: View-->	Action Taken:
Approve Colorado School of Mines Two-Year Projecti	PASS

01:18 PM -- Colorado School of Mines

The committee returned to order. Dr. Bill Scoggins, President, Ms. Kirsten Volpi, Senior Vice President for Finance and Administration, and Mr. Peter Han, Chief of Staff and Associate Vice President for External Relations, all representing the Colorado School of Mines, presented an overview of the school's five FY 2010-11 capital requests, a two-year projection of cash need, and a five-year projection of state need. Committee members received a packet of presentation slides highlighting information on the school and its capital requests (Attachment M), and a brochure detailing the school's research initiatives (Attachment N), both prepared by the school. Dr. Scoggins highlighted certain information about the school, including enrollment trends, growth in research grants, and strategic objectives. Dr. Scoggins then provided a brief overview of the school's five-year capital construction plan, along with status updates for certain projects. Committee members received the school's Two-Year Projection of Cash Need list, prepared by Legislative Council Staff (Attachment O).

01:29 PM

Ms. Volpi responded to questions regarding the status of controlled maintenance requests for the Colorado School of Mines campus, and the source of funds that the school uses to pay for controlled maintenance. Ms. Volpi also responded to questions regarding the use of the Higher Education Revenue Bond Intercept Program for the New Campus Housing project.


BILL:	Colorado School of Mines
TIME:	01:31:10 PM
MOVED:	Kopp
MOTION:	Approve Colorado School of Mines Two-Year Projection of Cash Need (see Attachment O). The motion passed on a vote of 5-0-1.
SECONDED:
		VOTE
	Kopp	Yes
	McFadyen	Yes
	Schwartz	Yes
	Sonnenberg	Yes
	Riesberg	Excused
	Bacon	Yes

Final YES: 5 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS

01:32 PM

The committee recessed.