Date: 04/07/2009

Final
SUMMARY for University of Colorado at Boulder SB 92-202 Requests

COMMITTEE ON CAPITAL DEVELOPMENT

Votes: View--> Action Taken:
Approve the request for cash funds spending author
Approve the request for cash funds spending author		PASS
PASS



08:21 AM -- University of Colorado at Boulder Senate Bill 92-202 Requests

Ms. Kelly Fox, Interim Vice-President of Budget and Finance, University of Colorado System, presented a Senate Bill 92-202 request for the Behavioral Science Building. Committee members received a summary of the request, prepared by Legislative Council Staff (Attachment D). Ms. Fox addressed questions about the source of cash funds for the project and the status of construction at Grandview Terrace.

090407AttachD.pdf
BILL:University of Colorado at Boulder Senate Bill 92-202 Requests
TIME: 08:25:08 AM
MOVED:Sonnenberg
MOTION:Approve the request for cash funds spending authority for the Behavioral Science Building (202 Project) ($1,805,376 CF). The motion carried on a vote of 4-0-2.
SECONDED:
VOTE
Kopp
Excused
McFadyen
Yes
Schwartz
Yes
Sonnenberg
Yes
Bacon
Excused
Riesberg
Yes
Final YES: 4 NO: 0 EXC: 2 ABS: 0 FINAL ACTION: PASS

08:26 AM

Ms. Fox summarized a second SB 92-202 request, Williams Village Phase 2a project. Committee members received a summary of the request, prepared by Legislative Council Staff (Attachment E). Ms. Fox discussed the housing goals of the Boulder campus, the planned architectural style of the facility, and budgetary challenges facing higher education institutions. In response to a question, Ms. Fox told the committee that the new facility will include some classroom space and said it is important to students to be housed in Boulder. Senator Schwartz said the Boulder community encourages the university to provide as much on-campus housing as possible and that public-private partnerships are not always successful in the development of student housing.

090407AttachE.pdf

08:35 AM

Discussion turned to the advent of increased enrollment during economic recessions at higher education institutions.
BILL:University of Colorado at Boulder Senate Bill 92-202 Requests
TIME: 08:36:15 AM
MOVED:Schwartz
MOTION:Approve the request for cash funds spending authority for the Williams Village Phase 2a (202 Project) ($51,535,000 CF). The motion carried on a vote of 3-1-2.
SECONDED:
VOTE
Kopp
Excused
McFadyen
Yes
Schwartz
Yes
Sonnenberg
No
Bacon
Excused
Riesberg
Yes
Final YES: 3 NO: 1 EXC: 2 ABS: 0 FINAL ACTION: PASS




08:38 AM

The committee adjourned.