j_cdc_2016a_2016-06-06t15:13:48z1 Hearing Summary
Date: 06/06/2016
Final
CU Revised Two-Year Cash List
COMMITTEE ON CAPITAL DEVELOPMENT COMMITTEE
Votes: View--> | Action Taken: |
Approve the new project listed on the University o Approve the project listed on the University of Co |
PASS PASS |
03:26 PM -- CU Revised Two-Year Cash List
Ms. Teresa Osborne, Senior Director of Capital Assets for the University of Colorado (CU) system; Ms. Kirsten Shuchman, Assistant Vice President for State Relations for CU; Mr. David Kang, Vice Chancellor for Infrastructure and Safety for CU Boulder; Mr. Chris Ewing, Assistant Vice Chancellor for Planning, CU Boulder; Mr. David Chadwick, Vice President of the CU Real Estate Foundation; and Mr. Chad Marturano, Senior Director for Budget and Strategic Planning, CU Boulder; presented by telephone two, two-year cash lists for the CU System, which include one new project each. Committee members received copies of the associated two-year lists, prepared by Legislative Council Staff (Attachments B and C). Mr. Ewing provided an overview of the Laboratory for Astrophysics and Space Astronomy (LASP) Cleanroom project at CU Boulder. Ms. Osborne explained action taken on the project by the CU Board of Regents.
160606 AttachB.pdf
160606 AttachC.pdf
BILL: | CU Revised Two-Year Cash List | |
TIME: | 03:31:17 PM | |
MOVED: | Sonnenberg | |
MOTION: | Approve the project listed on the University of Colorado at Boulder two-year projection of cash need. The motion passed on a vote of 3-2. | |
SECONDED: | ||
VOTE
|
||
Becker K.
|
Yes
|
|
Brown
|
Excused
|
|
Kefalas
|
Yes
|
|
Sonnenberg
|
No
|
|
Esgar
|
Yes
|
|
Baumgardner
|
No
|
|
Final YES: 3 NO: 2 EXC: 1 ABS: 0 FINAL ACTION: PASS
|
03:32 PM
Mr. Chadwick provided an overview of the Transfer of 1800 Grant Street LLC project, the new project on the CU System two-year cash list. Discussion ensued regarding how operating costs and debt servicing will take place for the building being acquired by the CU Board of Regents, and the benefits to CU of paying staffing costs for the CU Real Estate Advisory Committee.
BILL: | CU Revised Two-Year Cash List | |
TIME: | 03:39:27 PM | |
MOVED: | Sonnenberg | |
MOTION: | Approve the new project listed on the University of Colorado System two-year projection of cash need. The motion passed on a vote of 3-2. | |
SECONDED: | ||
VOTE
|
||
Becker K.
|
Yes
|
|
Brown
|
Excused
|
|
Kefalas
|
Yes
|
|
Sonnenberg
|
No
|
|
Esgar
|
Yes
|
|
Baumgardner
|
No
|
|
Final YES: 3 NO: 2 EXC: 1 ABS: 0 FINAL ACTION: PASS
|