74890A03137AC58087258A840079A73A Hearing Summary CLICS/CLICS2023A/commsumm.nsf PUBLICBILL SUMMARY For ADAMS STATE UNIVERSITYJOINT COMMITTEE COMMITTEE ON CAPITAL DEVELOPMENT COMMITTEEDate Dec 13, 2023 Location SCR 357 Adams State University - Committee Discussion Only Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2023A/commsumm.nsf/0/3B1024CD84BA...$File/Attachment N.pdf?OpenElement Attachment N.pdf 03:08:50 PM Dr. David Tandberg, President; Bruce Del Tondo, Director of Construction Management; and Kevin Daniel, Vice President of Administration and CIO, Adams State University (ASU), presented the university's FY 2024-25 capital request: Facility Services Center Replacement. Committee members received a packet of presentation slides (Attachment N). President Tandberg walked the committee through the slides, providing an overview of the project and its need. Mr. Del Tondo provided additional information on the Facilities Services Center Replacement project. President Tandberg provided an update on trends at ASU. President Tandberg responded to questions regarding the location of the project with respect to the campus, and the potential for incorporating solar panels in the project. President Tandberg responded to further questions regarding the source of cash funds for the project, ASU's debt load, and the outlook for paying off the debt. Mr. Del Tondo provided input on this issue, and responded to questions regarding the ability to phase the Facility Services Center Replacement project. Discussion ensued regarding the facility condition index rating for the building, and how often buildings are rated.