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11D1F72B5DCE12B187258ACB0055F506 Hearing Summary




PUBLIC
BILL SUMMARY For CONSIDERATION OF 2-YEAR CASH LIST - COLORADO STATE UNIVERSITY

JOINT COMMITTEE COMMITTEE ON CAPITAL DEVELOPMENT COMMITTEE
Date Feb 22, 2024      
Location SCR 357



Consideration of 2-Year Cash List - Colorado State University - Approved

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.