Date: 11/17/2015

Final
CU Denver Two-Year List

COMMITTEE ON CAPITAL DEVELOPMENT

Votes: View--> Action Taken:
Approve the new projects listed on the University PASS



09:18 AM -- CU Denver Two-Year Cash List

Mr. Jeffrey Parker, Vice Chancellor of Administration and Finance, University of Colorado Denver, presented two projects added to the CU Denver revised projection of cash need list. Committee members received a revised two-year cash list with descriptions of the projects (Attachment D), prepared by Legislative Council Staff. Committee members also received a description of each request, provided by CU Denver (Attachment E). Mr. Parker first described the Campus Village Acquisition. He addressed questions from the committee about future maintenance of the facility, future savings associated with the project, the role that the CU Real Estate Foundation plays in the management of the building, and the need for the acquisition. In response to additional questions, Mr. Parker explained that the property is tax exempt and how bonds will be repaid and reissued. He responded to a question about how the debt will be repaid.

151117 AttachD.pdf151117 AttachD.pdf151117 AttachE.pdf151117 AttachE.pdf

09:31 AM

Mr. Parker next described the Campus Services, Various Buildings Renovation project.

BILL:CU Denver Two-Year List
TIME: 09:35:23 AM
MOVED:Kefalas
MOTION:Approve the new projects listed on the University of Colorado Denver two-year projection of cash need ($72,085,445 CF). The motion passed on a vote of 6-0.
SECONDED:
VOTE
Becker K.
Yes
Brown
Yes
Kefalas
Yes
Sonnenberg
Yes
Vigil
Yes
Baumgardner
Yes
Final YES: 6 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS