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j_cdc_2016a_2016-08-01t08:07:00z1 Hearing Summary

Date: 08/01/2016



Final

CSU Two-Year Cash List



COMMITTEE ON CAPITAL DEVELOPMENT COMMITTEE


Votes: View--> Action Taken:
Approve the reauthorization (2) and new projects ( PASS







08:25 AM -- CSU Two-Year Cash List



Rich Schweigert, Director of Government Relations, Lynn Johnson, Vice President of University Operations, and Mike Rush, University Architect, all representing Colorado State University (CSU), discussed six projects on CSU's revised two-year projection of cash need. Committee members received descriptions of the projects, prepared by Legislative Council Staff (Attachment B). Mr. Rush discussed two projects that require re-authorization: Temple Grandin Center for Equine Assisted Therapies and Warner College of Natural Resources Addition. He also discussed four new projects: Athletic Practice Fields and Heritage Garden, JBS Global Food Innovation Center, Richardson Design Center, and Shields and Elizabeth Streets Underpass.



160801 AttachB.pdf160801 AttachB.pdf



08:32 AM



In response to a committee question regarding another underpass project, Mr. Rush clarified the difference between that project and the Shields and Elizabeth Streets Underpass project. In response to a committee question regarding the bonds for the projects, Mr. Schweigert explained the university's plans to borrow money for the projects. Mr. Rush responded to a committee question regarding the location of the Athletic Practice Fields and Heritage Garden project. In response to a committee question, Ms. Johnson explained the use of the current athletic fields. In response to a committee question, Mr. Rush explained why an underpass was chosen instead of an overpass for the Shields and Elizabeth Streets Underpass project. Ms. Johnson responded to a committee question regarding the source of cash funds for the underpass.

BILL: CSU Two-Year Cash List
TIME: 08:42:28 AM
MOVED: Brown
MOTION: Approve the reauthorization (2) and new projects (4) listed on the Colorado State University two-year projection of cash need contingent upon CCHE review. The motion passed on a vote of 6-0.
SECONDED:
VOTE
Becker K.
Yes
Brown
Yes
Kefalas
Yes
Sonnenberg
Yes
Vigil
Yes
Baumgardner
Yes
Final YES: 6 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS