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j_cdc_2018a_2018-06-18t08:32:04z1 Hearing Summary




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

JOINT COMMITTEE COMMITTEE ON CAPITAL DEVELOPMENT COMMITTEE
Date Jun 18, 2018      
Location SCR 357



Two-Year Cash List, University of Colorado Boulder - Two-year List Approved


08:56:30 AM  

Mr. David Kang, Vice Chancellor for Infrastructure and Sustainability for the University of Colorado at Boulder; Ms. Cheri Gerou, director of Capital Assets for the University of Colorado System; and Mr. Chris Ewing, Assistant Vice Chancellor for Planning, Design, and Construction for the University of Colorado at Boulder presented a two-year cash list containing two new projects: (1) Fleming Tower; and (2) Imig Music Building South Addition.  Committee members received copies of the two-year list, prepared by Legislative Council Staff (Attachment A), and background information on the requests (Attachment B).  Mr. Kang provided an overview of the Fleming Tower project. Discussion ensued regarding funding sources for the projects going forward, and the impact of the projects on student tuition and fees. Mr. Kang provided an overview of the Imig Music Building South Addition project. Mr. Kang and Ms. Gerou responded to questions regarding the student body's engagement in the creation and prioritization of the projects on the two-year list.  Ms. Kelly Fox, Senior Vice Chancellor and Chief Financial Officer, provided input on this question. Mr. Kang responded to questions regarding the impact of the projects on recruitment and retention of students, and the deferred maintenance aspects of the projects. Ms. Gerou provided input on the latter question. Representative Becker discussed costs for attending a university.



09:08:02 AM
Motion Recommend cash funds spending authority for the new projects listed on the University of Colorado at Boulder two-year projection of cash need.
Moved Esgar
Seconded
Becker J. No
Hansen Yes
Kefalas Yes
Sonnenberg Yes
Esgar Yes
Cooke Yes
YES: 5   NO: 1   EXC: 0   ABS:  0   FINAL ACTION:  PASS