July 6-7,2000

 

ITEM 108-2852-R0700       Authorization to Expend Building/Maintenance Fee Reserves; Montana State University College of Technology-Great Falls

 

THAT:                                    The Board of Regents of Higher Education hereby authorizes Montana State University College of Technology-Great Falls to expend Building/Maintenance Fee Reserves for paving of parking lots and relocation of the service road on the campus.  The funds used will not exceed $185,000.

 

EXPLANATION:                  In accordance with Board of Regents Policy 971.7.1, Building and Maintenance Fee; Colleges of Technology and with the procedures of policy 940.9.2, expenditures of building funds for projects in excess of $150,000 shall be submitted to the Commissioner of Higher Education for approval by the Board of Regents.