Joint Committee Committee on Capital Development (03/10/2009)

Final
STAFF SUMMARY OF MEETING

COMMITTEE ON CAPITAL DEVELOPMENT

Date:	03/10/2009	ATTENDANCE

Time:	08:03 AM to 08:51 AM	Kopp	*
		McFadyen	*
Place:	SCR 353	Schwartz	X
		Sonnenberg	X
This Meeting was called to order by		Bacon	X
	Representative Riesberg	Riesberg	X

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

Bills Addressed:		Action Taken:
Colorado State University FY 2009-10 Cash-Funded Requests Department of Public Heath and Environment Requests		Pass Pass

08:03 AM -- Colorado State University FY 2009-10 Cash-Funded Requests

The committee was called to order. A quorum was present. Mr. Rich Schweigert, Chief Financial Officer, Colorado State University (CSU), presented two FY 2009-10 cash-funded requests, including: (1) Biology Building; and (2) Eddy Building Renovation (Capital Renewal Project). Committee members received a summary of both requests, prepared by Legislative Council Staff (Attachment A). Mr. Schweigert gave an overview of the requests and explained why the projects were tabled by the committee earlier in the 2009 session. Mr. Schweigert said the projects would not move forward without approval from students for an increase in the student fee for capital improvements. Mr. Schweigert addressed questions about whether approval for the projects by the General Assembly prior to a student vote to increase student fees makes a difference in getting student approval for student fee increases. Discussion ensued.

08:13 AM

Mr. Schweigert answered a question about whether CSU hopes to use federal stimulus dollars for the Biology Building and Eddy Building Renovation projects. In response to a question, Mr. Schweigert explained the terms of bonds issued against the existing student fee for capital improvements. Discussion continued about the potential increase in the student fee for capital improvements.


BILL:	Colorado State University FY 2009-10 Cash-Funded Requests
TIME:	08:20:20 AM
MOVED:	Bacon
MOTION:	Approve Biology Building ($60,000,000 CF) and Eddy Building Renovation (Capital Renewal Project) ($6,000,000 CF), contingent upon limiting the increase of the student fee for capital construction to no more than an additional $10.00 per credit hour. The motion carried on a vote of 6-0.
SECONDED:
		VOTE
	Kopp	Yes
	McFadyen	Yes
	Schwartz	Yes
	Sonnenberg	Yes
	Bacon	Yes
	Riesberg	Yes

Final YES: 6 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS

08:22 AM -- Department of Public Health and Environment Requests

Mr. Gary Baughman, Director, Hazardous Materials and Waste Management Division, Department of Public Health and Environment, presented a FY 2009-10 cash-funded request for the Natural Resources Damage Restoration project. Committee members received a summary of the request, prepared by Legislative Council Staff (Attachment B). Mr. Baughman addressed questions about the Natural Resource Damage Recovery Fund balance and the identity of the three Natural Resources Trustees. He then answered questions about specific projects included in the request.


BILL:	Department of Public Health and Environment Requests
TIME:	08:30:00 AM
MOVED:	Bacon
MOTION:	Approve the Natural Resources Damage Restoration project ($18,546,274, including $14,546,274 CF and $4,000,000 FF). The motion carried on a vote of 6-0.
SECONDED:
		VOTE
	Kopp	Yes
	McFadyen	Yes
	Schwartz	Yes
	Sonnenberg	Yes
	Bacon	Yes
	Riesberg	Yes

Final YES: 6 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS

Prior to vote, Mr. Baughman told the committee that the California Gulch Superfund site is located near Leadsville and answered a question about the court-approved settlements that are the source of cash funds for the Natural Resource Damage Recovery Fund.

08:32 AM

Mr. Baughman next presented a real property transaction proposal, Argo Tunnel Property Donation. Committee members received a copy of the request, prepared by Legislative Council Staff (Attachment C). Mr. Baughman gave an overview of the request and explained that, if approved, the Department of Personnel and Administration will hold title to the Argo Tunnel property on behalf of the Department of Public Health and Environment. Mr. Baughman addressed questions about future operating expenses for the Argo Tunnel Water Treatment Plant. He explained that the solid waste user fee is the source of the Hazardous Substance Response cash fund. Discussion ensued about the Hazardous Substance Response Fund, including other obligations on the fund.

08:47 AM

Mr. Baughman addressed a question about the possible ramifications of not authorizing the property transaction proposal. Discussion ensued.


BILL:	Department of Public Health and Environment Requests
TIME:	08:49:27 AM
MOVED:	Bacon
MOTION:	Approve the Department of Personnel and Administration's request, on behalf of the Department of Public Health and Environment, to accept the donation of the Argo Tunnel Property. The motion carried on a vote of 6-0.
SECONDED:
		VOTE
	Kopp	Yes
	McFadyen	Yes
	Schwartz	Yes
	Sonnenberg	Yes
	Bacon	Yes
	Riesberg	Yes

Final YES: 6 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS

08:51 AM

The committee adjourned.