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J_CDC_2020A 01/14/2020 07:37:02 AM Committee Summary

PUBLIC
STAFF SUMMARY OF MEETING
JOINT COMMITTEE COMMITTEE ON CAPITAL DEVELOPMENT COMMITTEE
Date 01/14/2020
Attendance
Beckman X
Sonnenberg X
Story *
Valdez A. X
Roberts X
Fields X
Time 07:37:02 AM to 08:18:16 AM
Place SCR 357
This Meeting was called to order by Senator Fields
This Report was prepared by Bo Pogue
Hearing Items Action Taken
Consideration of Supplemental Capital Budget Request, FY 2019-20, Colorado School of Mines Committee Discussion Only
Consideration of Property Transaction, Colorado Parks and Wildlife Committee Discussion Only

X = Present, E = Excused, A = Absent, * = Present after roll call

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



Consideration of Property Transaction, Colorado Parks and Wildlife - Committee Discussion Only


07:51:50 AM  

Mr. Dan Prenzlow, Director, Mr. Brett Ackerman, SE Region Manager, and Mr. Doug Vilsack, Assistant Director, Colorado Parks and Wildlife (CPW) within the Department of Natural Resources, presented a property transaction proposal to acquire in fee title the Crazy French Ranch property near Trinidad. Committee members received a packet of information on the proposal , assembled by Legislative Council Staff (Attachment B).  Mr. Prenzlow introduced the proposal, and Mr. Ackerman provided an overview of the acquisition. Mr. Vilsack discussed the financing for the property acquisition. Mr. Phil Rico, Mayor of Trinidad, provided input on the value of the acquisition to his community. Mr. Rico responded to questions regarding community opinion on the property acquisition. Mr. Vilsack responded to questions regarding the financing of the project. Mr. Ackerman responded to questions regarding operating costs for the state park that will occupy the property.

08:08:06 AM  

Discussion continued regarding operating costs for the future Fishers Peak State Park. Mr. Vilsack responded to questions regarding how CPW will use the moneys to be appropriated under Senate Bill 20-003. Mr. Prenzlow provided input on this issue. Discussion ensued regarding the use of General Fund moneys for state parks under the bill.



08:17:51 AM
Motion Recommend support for the fee title acquisition of the Crazy French Ranch (up to $16,750,000 CF for 19,200 acres).
Moved Roberts
Seconded
Beckman Yes
Sonnenberg No
Story Yes
Valdez A. Yes
Roberts Yes
Fields Yes
YES: 5   NO: 1   EXC: 0   ABS:  0   FINAL ACTION:  PASS


08:18:16 AM   The committee adjourned.