Date: 12/15/2015

Final
CSU System and National Western Center Overview

COMMITTEE ON CAPITAL DEVELOPMENT

Votes: View--> Action Taken:
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09:56 AM -- CSU System and National Western Center Overview

Chancellor Tony Frank, Ms. Lynn Johnson, Vice President of Operations, and Mr. Rich Schweigert, Chief Financial Officer, Colorado State University (CSU), provided and overview of the CSU system capital outlook and need, as well as the planned National Western Center project. Committee members received a packet of slides outlining CSU's capital outlook, prepared by CSU Staff (Attachment A). Dr. Frank first discussed the National Western Center project, and then briefed the committee on capital need throughout the CSU system. Dr. Frank discussed the importance of funding controlled maintenance. Discussion ensued regarding the importance of funding controlled maintenance, and the merits of the National Western Center project. Mr. Schweigert noted some other CSU personnel in the room, and made some opening comments about CSU's capital need.

151215 AttachA.pdf151215 AttachA.pdf


10:10 AM

Ms. Johnson responded to questions regarding donations earmarked for the Chemistry Building project. Mr. Schweigert responded to questions regarding the planning costs for the Shepardson Building Renovation and Expansion project. Mr. Schweigert noted some controlled maintenance needs on CSU campuses, and responded to a question regarding a dam project on the system's controlled maintenance request list. Mr. Schweigert discussed the merits of the National Western Center project. Discussion returned to the Shepardson Building project. Mr. Schweigert returned to briefing the committee on the CSU system capital outlook, and the system's debt outlook.


10:24 AM

Ms. Johnson discussed the scope and financing of the National Western Center project, and the potential for initiating one element of the project earlier than the rest of the project. Discussion returned to the importance of funding controlled maintenance. Dr. Frank and Ms. Johnson responded to questions regarding CSU student fees committed to capital construction, and votes undertaken by students on student fee issues. Discussion followed regarding paying down debt on capital projects.