Date: 10/19/2015

Final
CSU Two-Year Projection of Cash Need and Intercept Program Project

COMMITTEE ON CAPITAL DEVELOPMENT

Votes: View--> Action Taken:
Approve borrowing for the Colorado State Universit
Approve the new project listed on the Colorado Sta		PASS
PASS



08:16 AM -- CSU Two-Year Projection of Cash Need and Bond Intercept Program Project

Mr. Richard Schweigert, Chief Financial Officer, CSU, presented a request for a new project on its two-year projection of cash need list, as well as additional authority for the project under the Higher Education Revenue Bond Intercept Program. Committee members received revised copies of the two-year projection of cash need list (Attachment A), prepared by Legislative Council Staff; a written description of the new cash project, which is entitled Prospect Road Underpass, prepared by Legislative Council Staff (Attachment B); and an artist's rendering of the new underpass provided by CSU (Attachment C). Mr. Schweigert provided input on the university's debt capacity and sources of revenue for debt coverage, and provided an overview of the Prospect Road Underpass project. Ms. Donaldson explained what action needed to be taken on the project.

151019 AttachA.pdf151019 AttachA.pdf151019 AttachB.pdf151019 AttachB.pdf151019 AttachC.pdf151019 AttachC.pdf
BILL:CSU Two-Year Projection of Cash Need and Bond Intercept Program Project
TIME: 08:20:54 AM
MOVED:Sonnenberg
MOTION:Approve the new project listed on the Colorado State University two-year projection of cash need. The motion passed on a vote of 6-0.
SECONDED:
VOTE
Becker K.
Yes
Brown
Yes
Heath
Yes
Sonnenberg
Yes
Vigil
Yes
Baumgardner
Yes
Final YES: 6 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS


BILL:CSU Two-Year Projection of Cash Need and Bond Intercept Program Project
TIME: 08:21:50 AM
MOVED:Sonnenberg
MOTION: Approve borrowing for the Colorado State University Prospect Road Underpass project under the Higher Education Revenue Bond Intercept Program. The motion passed on a vote of 6-0.
SECONDED:
VOTE
Becker K.
Yes
Brown
Yes
Heath
Yes
Sonnenberg
Yes
Vigil
Yes
Baumgardner
Yes
Final YES: 6 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS