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3FBC995155553E1F8725837E0052C01C Hearing Summary




PUBLIC
BILL SUMMARY For CONSIDERATION OF TWO YEAR CASH LIST, UNIVERSITY OF COLORADO

JOINT COMMITTEE COMMITTEE ON CAPITAL DEVELOPMENT COMMITTEE
Date Jan 10, 2019      
Location SCR 357



Consideration of Two Year Cash List, University of Colorado - Approve Two-year List


08:04:10 AM  

The committee was called to order. A quorum was present. Mr. David Kang, Vice Chancellor for Infrastructure and Safety; Mr. Chris Ewing, Assistant Vice Chancellor of Planning, Design, and Construction; and Ms. Cheri Gerou, Director of Capital Assets, University of Colorado, presented the two-year projection of cash need for the Boulder campus. Committee members received copies of the two-year list, prepared by Legislative Council Staff (Attachment A), and a descrition of the requests, prepared by the university (Attachment B). Mr. Kang updated the committee on certain campus initiatives and associated capital needs. Mr. Kang provided an overview of the projects on the two-year list. Mr. Kang responded to questions regarding the source of cash funds for the Business and Engineering School Expansion project, and the projected efficiency of the building. Mr. Kang responded to further questions regarding the university's contracting process. Ms. Gerou provided input on this issue.



08:20:02 AM
Motion Approve the new projects listed on the University of Colorado at Boulder two-year projection of cash need.
Moved Fields
Seconded
1 Excused
Beckman Yes
Sonnenberg Excused
Story Yes
Valdez A. Yes
Fields Yes
Roberts Yes
YES: 5   NO: 0   EXC: 2   ABS:  0   FINAL ACTION:  PASS
08:20:05 AM  
Mr. Kang responded to questions regarding the use of the property to be acquired under the Acquisition of 1135 Broadway project.