March 20-21, 2003

 

ITEM 118-2006-R0303                Authorization for Improvement and Repair of Parking Lots; Montana State University-Bozeman

 

THAT:                                       Consistent with the provisions of MCA 18-2-102, the Board of Regents of Higher Education authorizes MSU-Bozeman to improve and repair parking lots and streets at MSU-Bozeman. This request is for a total authority of $1,000,000.

 

EXPLANATION:                        1.   Projects will be undertaken to improve, repair and renew various campus parking facilities. The projects will improve parking facilities to provide adequate and safe parking for students, faculty, staff and visitors.

 

2.   These projects will be financed with a combination of non-state funds from Parking System revenues and Auxiliary Operations Revenue (Renewal and Replacement Budget) in excess of debt service obligations.