Bill Summary for Bill Number Colorado State University System

Date: 12/02/2009

Final
Colorado State University System

COMMITTEE ON CAPITAL DEVELOPMENT

Votes: View-->	Action Taken:
Approve Colorado State University's FY 2010-11 Two Approve Colorado State University at Pueblo's Two-	PASS PASS

09:41 AM -- Colorado State University System

Mr. Joseph B. Blake, Chancellor, and Mr. Richard Schweigert, Chief Financial Officer, both of the Colorado State University (CSU) system, presented an overview of the system's capital needs. Chancellor Blake discussed the system's enrollment growth and the aging infrastructure of its campuses. He then acknowledged the shortage of available state funds for capital construction and explained that future construction will likely occur through the use of student fees.

09:46 AM -- Colorado State University

Dr. Anthony Frank, President, Mr. Brian Chase, Director of Facilities, and Ms. Michelle Carroll, Engineer, Facilities Management, all of CSU, presented the university's FY 2010-11 requests, a two-year projection of cash need, and a five-year projection of need. Dr. Frank thanked the committee for their assistance in funding and approving the recently opened Diagnostic Medicine Center. Committee members received a summary of the FY 2010-11 requests for state and cash funds spending authority, and a list of state funds received since FY 2005-06 for capital projects and controlled maintenance at the CSU campus, prepared by CSU staff (Attachment G). Mr. Chase showed diagrams of two completed projects on campus, including the Diagnostic Medicine Center and auditoriums in the Clark Building.

09:58 AM

Mr. Chase continued his presentation and walked the committee through Attachment G. He addressed three of the university's FY 2010-11 requests including: (1) Chemistry Building Addition; (2) Engineering II Building; and (3) Clark Building Revitilization (Capital Renewal Project). Mr. Chase responded to a question regarding the Chemistry Building Addition project and confirmed that the project was recommended to be funded from FML revenue by House Joint Resolution 08-1042. Committee members received a copy of the university's FY 2010-11 Two-Year Projection of Cash Need list, prepared by Legislative Council Staff (Attachment H). Mr. Chase reviewed the cash projects included on the list. (The projects are also listed on page 2 of Attachment G.) Mr. Chase explained that the proposed Morgan Library expansion project will create more study space for students.

10:08 AM

Mr. Chase continued his presentation of projects included on the university's Two-Year Projection of Cash Need. He told the committee that there is currently a lot of construction underway on campus and that capital construction on the CSU campus is an economic driver in northern Colorado.

10:19 AM

Mr. Chase continued his presentation of projects included on the university's Two-Year Projection of Cash Need. Discussion ensued about projects currently under construction. Mr. Schweigert returned to the table to address a question about which cash projects on the two-year list will be subject to the Higher Education Revenue Bond Intercept Program. Discussion ensued regarding the Higher Education Revenue Bond Intercept Program.


BILL:	Colorado State University
TIME:	10:27:30 AM
MOVED:	Riesberg
MOTION:	Approve Colorado State University's FY 2010-11 Two-Year Projection of Cash Need (see Attachment H). The motion passed on a vote of 5-0-1.
SECONDED:
		VOTE
	Kopp	Yes
	McFadyen	Yes
	Schwartz	Yes
	Sonnenberg	Excused
	Riesberg	Yes
	Bacon	Yes

Final YES: 5 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS

10:28 AM

The committee took a recess.

10:42 AM -- Colorado State University -- Pueblo

Mr. Joseph Garcia, President, Ms. Joanne Ballard, Vice President of Finance and Administration, and Mr. Craig Cason, Director of Facilities, all of CSU-Pueblo, presented three FY 2010-11 requests, a two-year projection of cash need, and a five-year projection of state need. Mr. Garcia discussed enrollment trends at the university and noted that that CSU-Pueblo is the only university in Colorado that has been designated as a Hispanic Serving Institution. Committee members received an overview of recently completed and newly requested capital projects, prepared by CSU-Pueblo staff (Attachment I). Mr. Garcia walked the committee through Attachment I and highlighted the impact of new student housing and the new stadium on enrollment and retention.

10:51 AM

Mr. Garcia provided the committee with an overview of a planned renovation to the Academic Resources Center. He explained that the renovation will include additional classroom space to accommodate an increase in enrollment. Mr. Garcia discussed the creative financing that the university has used for several projects. For instance, the football field is actually owned by a donor and leased to the university. Committee members received the university's Two-Year Projection of Cash Need list, prepared by Legislative Council Staff (Attachment J). Mr. Garcia discussed the projects included on the two-year list.

Mr. Garcia next presented three FY 2010-11 requests, including: (1) General Classroom Building; (2) Psychology Building Renovation; and (3) Technology Building Renovation. He noted that the Technology and Psychology buildings are inefficient and need renovation in order to be used effectively.

10:59 AM

Mr. Garcia responded to a question about student enrollment and stated that the current student headcount is just over 5,000. He also discussed the rate of student transfer from community colleges. In response to a question, Mr. Garcia stated that about 33 percent of the students enrolled at CSU-Pueblo are minorities.


BILL:	Colorado State University -- Pueblo
TIME:	11:03:17 AM
MOVED:	McFadyen
MOTION:	Approve Colorado State University at Pueblo's Two-Year Projection of Cash Need (see Attachment J). The motion passed on a vote of 5-0-1.
SECONDED:
		VOTE
	Kopp	Yes
	McFadyen	Yes
	Schwartz	Yes
	Sonnenberg	Excused
	Riesberg	Yes
	Bacon	Yes

Final YES: 5 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS