ITEM 114-2002-R0102� ATTACHMENT

 

Board of Regents Policy: Physical Plant - Section 1003.7

 

This authority request is for an amount greater than $150,000, which requires the following additional� information:

 

(a)� Project Description:

 

This project will remove the existing seriously deteriorated track and associated aprons, etc., and install a new all-weather, outdoor track and associated facilities such as bleachers, timing stands, fencing, grading, landscaping, etc.� The original installation was not properly sloped to allow adequate surface drainage, and this condition will also be remedied.

 

(b) Cost Estimate and Funding Sources:

 

$                    Estimated Cost

$                    Design������������������������������������� $��� 150,000

$                    Construction����������������������������� $��� 525,000

$                    Contingency����������������������������� $� ����75,000

Total Estimate ������������� $���� 750,000

 

$                    Funding Source: This project will be financed with funds from Auxiliary Operations Revenue (Renewal and Replacement Budget) in excess of debt service obligations and private donations.

 

(c) Programs served, enrollment data, projected enrollments:

 

In addition to accommodating MSU track and field athletic team practices and track meets, the outdoor track facilities are also used for marching band practice, area high school district meets, the local AAU track club, community exercise, volunteer fund raising events such as the Cancer Walk, and the State AAU Junior Olympics.

 

(Enrollment data is not applicable to this authority request)�����������������������

 

(d) Space Utilization Data:

 

Annual utilization factors will not be impacted by this major maintenance project.

 

(e) Projected use for available residual space:

 

(Not applicable to this project)

 

(f) Projected O&M Costs and proposed funding sources:

 

Historic O&M costs are not expected to be significantly impacted by this replacement project, since facility expansion is not anticipated.� O&M costs are currently split between university and Auxiliary budgets, and the university contribution to O&M for this facility will remain at current levels, i.e., no additional O&M will be funded from university sources.