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FF5199BC5A21DD0087258BF60063EEA7 Hearing Summary




PUBLIC
BILL SUMMARY For COLORADO MESA UNIVERSITY

JOINT COMMITTEE COMMITTEE ON CAPITAL DEVELOPMENT COMMITTEE
Date Dec 17, 2024      
Location SCR 357



Colorado Mesa University - Approval of Cash List Amendment and Intercept Program Use

11:22:49 AM  
The committee returned
to order.  John Marshall, President, Colorado Mesa University (CMU),
presented the university's FY 2025-26 capital construction requests. CMU's
presentation is included as Attachment M. President Marshall first provided
an overview of the university and campus trends. He next discussed two
two-year cash list projects, one of which needs to be approved, and both
of which need to be approved to use the Higher Education Bond Revenue Intercept
Program. CDC staff memos on these two projects are included as Attachment
N and Attachment O. President Marshall responded to questions about CMU's
geothermal infrastructure program.


11:40:12 AM
Motion Approve the new projects listed on the Colorado Mesa University two year projection of cash needed.
Moved Mullica
Seconded
Hinrichsen Yes
Lindsay Yes
Pelton B. Yes
Winter T. Yes
Mullica Yes
Story Yes
YES: 6   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS


11:41:22 AM
Motion Approve the use of the intercept program for bonding of up to $80.0 million for the Colorado Mesa University Centennial Village Student Housing and Formation District Dining Hall projects.
Moved Mullica
Seconded
Hinrichsen Yes
Lindsay Yes
Pelton B. Yes
Winter T. Yes
Mullica Yes
Story Yes
YES: 6   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS
11:41:24 AM  
The committee recessed.