J_CDC_2024A 02/22/2024 08:37:47 AM Committee Summary PUBLICSTAFF SUMMARY OF MEETINGJOINT COMMITTEE COMMITTEE ON CAPITAL DEVELOPMENT COMMITTEE Date 02/22/2024 Attendance Catlin X Lindsay X Mullica * Simpson X Story X Hinrichsen X Time 08:37:47 AM to 09:08:43 AM Place SCR 357 This Meeting was called to order by Hinrichsen This Report was prepared by Bo Pogue Hearing Items Action Taken hConsideration of 2-Year Cash List - Colorado State University Approved Consideration of 2-Year Cash List - Colorado State University - Approved Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/977AF253B090...$File/Attachment A.pdf?OpenElement Attachment A.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/361B22425F91...$File/Attachment B.pdf?OpenElement Attachment B.pdf 08:38:56 AM The committee was called to order. A quorum was present. Brendan Hanlon, Vice President of University Operations/Chief Financial Officer, Colorado State University, presented an amendment to the university's two-year cash list consisting of four projects. Committee members received a written description of the amendment, prepared by Legislative Council Staff (Attachment A). Mr. Hanlon first provided an overview of the Chiropteran Research Facility project, and then described the Allison Hall Addition and Renovations project. Mr. Hanlon then described the Durward Hall Abatement and Window Replacement project, and finally the Veterinary Teaching Hospital Linear Accelerator Addition project. Mr. Hanlon responded to questions regarding the reduction in scope of the Chiropteran Research Facility project, and federal funding for the project. Mr. Hanlon responded to further questions regarding whether the university will pursue participation in the Higher Education Revenue Bond Intercept Program for any of the cash projects, and displacement of students for renovations to dorms. 08:53:29 AM Motion Approve the new projects listed on the Colorado State University two-year projection of cash need. Moved Story Seconded Catlin Yes Lindsay Yes Mullica Yes Simpson Yes Story Yes Hinrichsen Yes YES: 6 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS 08:53:31 AM Mr. Hanlon provided an overview of a nonmonetary supplemental request for the Separate Domestic and Industrial Plumbing Systems, Plant Sciences Building. Committee members received a written description from CDC staff (Attachment B). 08:56:08 AM Motion Approve the supplemental request from Colorado State University to reduce the scope of the Separate Domestic and Industrial Plumbing Systems, Plant Sciences Building project, with the intent to complete the original scope of the project under an additional phase through the controlled maintenance process, and to extend time for completion of the reduced project scope to February 1, 2025 Moved Story Seconded Catlin Yes Lindsay Yes Mullica Yes Simpson Yes Story Yes Hinrichsen Yes YES: 6 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS 08:56:10 AM The committee discussed the letter to the Joint Budget Committee that serves as a cover letter to the FY 2024-25 prioritization package, and whether to include certain language in the letter. 09:08:43 AM The committee adjourned.