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1BE76FE12B8BA716872584EF005093C0 Hearing Summary




PUBLIC
BILL SUMMARY For CONSIDERATION OF SUPPLEMENTAL CAPITAL BUDGET REQUEST, FY 2019-20, COLORADO SCHOOL OF MINES

JOINT COMMITTEE COMMITTEE ON CAPITAL DEVELOPMENT COMMITTEE
Date Jan 14, 2020      
Location SCR 357



Consideration of Supplemental Capital Budget Request, FY 2019-20, Colorado School of Mines - Committee Discussion Only


07:40:09 AM  

The committee was called to order. A quorum was present. Ms. Kirsten Volpi, Executive Vice President and Chief Operating Officer, Colorado School of Mines, presented an FY 2019-20 supplemental request for the Subsurface Frontiers Building project. Committee members received a written description of the request, prepared by Legislative Council Staff (Attachment A).  Ms. Volpi responded to questions regarding the status of the project, and changes to the project's scope under the supplemental request. Ms. Volpi responded to additional questions regarding the need to expand the building, and the need for state funds under an FY 2020-21 regular capital request. Discussion ensued regarding fundraising for the project.



07:51:30 AM
Motion Approve the supplemental request from the Colorado School of Mines to expand the project scope and increase cash funds spending authority for the Subsurface Frontiers Building project, pending approval by the Colorado Commission on Higher Education ($110,630,982 CF).
Moved Roberts
Seconded
Beckman Yes
Sonnenberg Yes
Story Yes
Valdez A. Yes
Roberts Yes
Fields Yes
YES: 6   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS