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j_cdc_2016a_2016-01-06t09:14:00z4 Hearing Summary

Date: 01/06/2016



Final

Potential Legislation



COMMITTEE ON CAPITAL DEVELOPMENT COMMITTEE


Votes: View--> Action Taken:
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10:26 AM -- Potential Legislation



Senator Sonnenberg discussed potential legislation related to the submission threshold for higher education cash-funded projects. Committee members received a copy of the draft LLS 16-0555.01 (Attachment H). Ms. Esther van Mourik, Office of Legislative Legal Services, responded to previous committee questions regarding the SB 09-228 transfers and further explained the potential legislation related to the threshold for higher education cash-funded projects.



160106 AttachH.pdf160106 AttachH.pdf



10:32 AM



Ms. Donaldson explained the reporting requirements from the Department of Higher Education regarding cash-funded projects. Committee members received a five-year history of projects approved, commenced, or completed pursuant to the two-year cash list process, prepared by Legislative Council Staff (Attachment I). Committee discussion ensued on the required legislative and executive branch oversight under the potential legislation.



160106 AttachI.pdf160106 AttachI.pdf



10:40 AM



Mr. Chris Ewing, Vice Chancellor for Infrastructure and Safety, and Ms. Teresa Osborne, Senior Director of Capital Assets, both representing the University of Colorado, came to the table to discuss how the potential legislation would benefit the university. Committee discussion ensued on capital project oversight by the University of Colorado Board of Regents and cost savings associated with bundling multiple projects.



10:54 AM



Committee discussion ensued on potential cost savings under the potential legislation and other impediments to approval for higher education cash-funded projects.





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