Bill Summary for Bill Number Metropolitan State College Cash-Funded Supplemental Request

Date: 06/16/2010

Final
Metropolitan State College Cash-Funded Supplemental Request

COMMITTEE ON CAPITAL DEVELOPMENT

Votes: View-->	Action Taken:
Approve the supplemental request for additional ca	PASS

09:42 AM -- Metropolitan State College of Denver Cash-Funded Supplemental Request

Mr. Stephen Jordan, President, and Mr. Sean Nesbitt, Director of College Facilities and Space Planning, both of Metropolitan State College of Denver, presented a cash-funded supplemental request for the Hotel Learning Center project. Committee members received a summary of the request, prepared by Legislative Council Staff (Attachment F). President Jordan and Mr. Nesbitt addressed questions about the additional project costs and the planned parking facilities. In response to a question, Mr. Nesbitt explained the amount of moneys expended for the project before the college learned that it would need to move the site of the project due to existing underground utilities. President Jordan said the Auraria Higher Education Campus sits on the site of a former neighborhood and existing underground utilities frequently pose difficulties for new construction on the campus. President Jordan addressed a question about the operating agreements that are planned to cover the cost of the debt service and program operating expenses.


BILL:	Metropolitan State College of Denver
TIME:	09:53:48 AM
MOVED:	Riesberg
MOTION:	Approve the supplemental request for additional cash funds spending authority for the Hotel Learning Center project ($5,672,338 CF). The motion carried on a vote of 6-0-0.
SECONDED:
		VOTE
	Renfroe	Yes
	Schwartz	Yes
	Sonnenberg	Yes
	Vigil	Yes
	Riesberg	Yes
	Bacon	Yes

Final YES: 6 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS