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.