Joint Committee Committee on Capital Development (03/25/2010)

Final
STAFF SUMMARY OF MEETING

COMMITTEE ON CAPITAL DEVELOPMENT

Date:	03/25/2010	ATTENDANCE

Time:	08:05 AM to 08:47 AM	Kopp	X
		McFadyen	*
Place:	SCR 356	Schwartz	X
		Sonnenberg	X
This Meeting was called to order by		Riesberg	X
	Senator Bacon	Bacon	X

This Report was prepared by
	Kori Donaldson
		X = Present, E = Excused, A = Absent, * = Present after roll call

Bills Addressed:		Action Taken:
Colorado Community College System Cash Requests Fort Lewis College Supplemental Request Draft Resolution About Fund Raising for State Capitol Dome		Pass Pass Witness Testimony and/or Committee Discussion Only

08:05 AM -- Colorado Community College System Cash Requests

The committee was called to order. A quorum was present. Mr. Cliff Richardson, Vice President for Finance and Administration, Colorado Community College System, and Ms. Jennifer Sobanet, Vice President for Finance and Administration, Front Range Community College, presented two cash requests. Ms. Sobanet summarized a request to amend the Colorado Community College System Two-Year Projection of Cash Need to add the Student Services/Math Renovation - Westminster Campus project. Committee members received a summary of the revised request, prepared by Legislative Council Staff (Attachment A).


BILL:	Colorado Community College System
TIME:	08:08:21 AM
MOVED:	Riesberg
MOTION:	Approve the FY 2010-11 Revised Two-Year Projection of Cash Need ($23,331,237 CF), which has been amended to include the Student Services/Math Renovation - Westminster Campus project ($4,180,000 CF). The motion carried on a vote of 6-0.
SECONDED:
		VOTE
	Kopp	Yes
	McFadyen	Yes
	Schwartz	Yes
	Sonnenberg	Yes
	Riesberg	Yes
	Bacon	Yes
Final YES: 6 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS

08:09 AM

Mr. Richardson next presented a supplemental request for additional cash funds spending authority for the Career and Technical Center, Craig Campus, Colorado Northwestern Community College project. Committee members received a summary of the request, prepared by Legislative Council Staff (Attachment B). Mr. Richardson explained that the project costs have increased slightly for professional services and construction.


BILL:	Colorado Northwestern Community College
TIME:	08:13:01 AM
MOVED:	Sonnenberg
MOTION:	Approve the supplemental request for additional cash funds spending authority ($604,162 CF) for the Career and Technical Center, Craig Campus project. The motion carried on a vote of 6-0.
SECONDED:
		VOTE
	Kopp	Yes
	McFadyen	Yes
	Schwartz	Yes
	Sonnenberg	Yes
	Riesberg	Yes
	Bacon	Yes
Final YES: 6 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS

08:14 AM

Representative Riesberg commented on the new buildings under construction on the Craig campus and acknowledged the community's support for the project.

08:15 AM -- Fort Lewis College

Mr. Steve Schwartz, Vice President for Finance and Administration, Fort Lewis College, presented a supplemental request for additional cash funds spending authority for the New College Union (202 Project). Committee members received a summary of the request, prepared by Legislative Council Staff (Attachment C).


BILL:	Fort Lewis College
TIME:	08:17:15 AM
MOVED:	Schwartz
MOTION:	Approve the supplemental request for additional cash funds spending authority ($10,500,000 CF) for the New Student Union (202 Project). The motion carried on a vote of 6-0.
SECONDED:
		VOTE
	Kopp	Yes
	McFadyen	Yes
	Schwartz	Yes
	Sonnenberg	Yes
	Riesberg	Yes
	Bacon	Yes
Final YES: 6 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS

08:17 AM -- Discussion of Draft Resolution Concerning Fund Raising for State Capitol Dome

Committee members received a letter from Capitol Building Advisory Committee concerning a fundraising proposal from Colorado Preservation, Inc. (CPI) for the State Capitol dome restoration project, prepared by Legislative Council Staff (Attachment D). Ms. Deborah Haskins, Office of Legislative Legal Services, came to the table to discuss a draft resolution concerning fund raising for the State Capitol dome. Committee members received a copy of the draft resolution, prepared by OLLS (Attachment E). Ms. Haskins recommended that the committee run a bill rather than a resolution. Discussion ensued about the inclusion of language allowing for additional sources of funding for the State Capitol dome restoration project. Senator Bacon said that the title can be modified if the committee decides to proceed with a bill rather than a resolution. Ms. Haskins addressed a question about the statutory and constitutional provisions limiting the use of the State Historical Fund.

08:25 AM

Senator Kopp further explained the statutory and constitutional provisions limiting the use of the State Historical Fund. He told the committee that he plans to sponsor separate legislation to redirect approximately half of the moneys in the State Historical Fund available for the statewide grant program for two years to pay for the State Capitol dome restoration project. He added that this would require a statutory change and that the grant-making ability of the State Historical Fund would effectively drop by 50 to 60 percent for two years.

08:28 AM

Mr. Ed Nichols, President, Colorado Historical Society (CHS), and Mr. Steve Turner, Director, State Historical Fund, CHS, came to the table to address the possible use of State Historical Fund moneys for the State Capitol dome restoration project. Discussion ensued about the grant process used to award moneys from the State Historical Fund for historical preservation purposes. In response to a question, Mr. Nichols commented on the administrative fee structure included in the fund raising proposal submitted by CPI. Mr. Turner responded to questions about examples of public-private fund raising efforts. Representative Riesberg gave several examples of projects that the public has helped to fund. In response to a question, Mr. Nichols told the committee that historic preservation grants from the State Historical Fund require a match and that this match often comes from publicly raised dollars. Discussion continued about public-private fund raising.

08:37 AM

Mr. James Hare, Director, CPI, and Ms. Marie Patterson, Public Affairs Coordinator, AngloGold Ashanti North America, Inc., came to the table. Mr. Hare said he would like to minimize the use of the State Historical Fund for the State Capitol dome restoration project so the fund can be used for other grant projects. Ms. Patterson gave the committee some background about her company and explained that her company wants to promote the restoration project through public-private funding in order to make the building safer. Ms. Patterson responded to a question regarding the source of the original gold used to gild the State Capitol dome. Mr. Hare said that the first ever cause-marketing effort was for the repair of the Statue of Liberty. Mr. Hare addressed a question regarding the administrative fee structure included CPI's fund raising proposal and said that a 15 percent administrative fee is the industry standard for advertising. Senator Bacon clarified that 15 percent of the funds raised will go to those doing the cause marketing and 85 percent to project itself.

08:43 AM

Senator Bacon reiterated various discussion points for inclusion in the proposed legislation. Mr. Nichols reiterated that CHS would prefer to award moneys for the State Capitol dome restoration project through the grant process and addressed earlier comments about fund raising for the new Colorado History Museum. Discussion turned to whether OLLS should be directed to draft a bill rather than make changes to the draft resolution. The committee decided to proceed with legislation and agreed to discuss a draft at its April 1, 2010, meeting.

08:47 AM

The committee adjourned.