Date: 01/22/2015

Final
MSU Denver 15-16 Request

COMMITTEE ON CAPITAL DEVELOPMENT

Votes: View--> Action Taken:
<none><none>





08:15 AM -- MSU Denver 15-16 Request

Dr. Stephen M. Jordan, President, Mr. Steve Kreidler, Vice President of Administration, Finance, and Facilities, and Mr. Sean Nesbitt, Director of Facilities Planning, all representing Metropolitan State University of Denver (MSUD), came to the table to discuss the university's FY 2015-16 capital budget requests. Committee members received a handout prepared by MSUD and a summary of the budget requests, prepared by Legislative Council Staff (Attachments D and E, respectively). Dr. Jordan updated the committee on its Aerospace Engineering Sciences project. Discussion ensued on the project, including collaboration with Lockheed Martin and the need for Science, Technology, Engineering, and Math (STEM) students to meet the aerospace and advanced manufacturing industry needs in the state. Dr. Jordan also discussed examples of recent graduates of the university's computer science and aerospace programs. In response to a question regarding the source of cash funds for the project, Dr. Jordan responded that MSUD plans to use the state's Higher Education Revenue Bond Intercept Program to finance the project.

150122 AttachD.pdf150122 AttachD.pdf150122 AttachE.pdf150122 AttachE.pdf

08:24 AM

Mr. Joe Rice, Mr. Mark Yoss, and Ms. Michelle Jansen, all representing Lockheed Martin, came to the table to discuss support for the project. Mr. Rice explained its involvement with investment in higher education institutions and STEM programs. He said the company's involvement with MSUD fills a niche in the emerging field of aerospace and advanced manufacturing. Mr. Yoss discussed the company's recent capital investment in engineering programs and related equipment. Ms. Jansen discussed the company's recent recruitment of qualified students in STEM fields from Colorado. She said Colorado's continued investment in STEM programs has been important for the company. The committee received a letter of support from Lockheed Martin (Attachment F).

150122 AttachF.pdf150122 AttachF.pdf

08:30 AM

The committee adjourned.