FY2013 Annual Capital Improvement Budget. Board of Regents Facilities Committee May 2012

Transcription

1 FY2013 Annual Capital Improvement Budget Board of Regents Facilities Committee May 2012

2 Capital Plan Board of Regents Policy directs the administration to develop a capital budget with a 6-year time horizon, updated annually Six-Year Capital Plan Part One Capital Improvement Budget Year 1 Part Two Capital Plan Years 2-6

3 Capital Planning Framework and University Goals Ensure student success Ensure research productivity and impact Fulfill our statewide mission Protect public assets and investment Recognize current extraordinary financial realities Extraordinary education Breakthrough research World-class faculty and staff Dynamic outreach and service Outstanding organization 3

4 Year 1 of the Six-Year Capital Plan Includes individual projects over $500K Projects need to have a completed predesign Projects must be fully funded Approved projects move into design and/or construction

5 2012 Capital Request Update The legislature had not taken final action on the bonding bill at the time the docket was printed The capital improvement budget information in the docket material reflects the full value of the University s legislative request The capital improvement budget will be updated for the June meeting to reflect the final bill outcome

6 State Capital Request Projects Included in the 2013 Capital Improvement Budget Requested Actual Project State Share University Share Total Project State Share University Share Total HEAPR $90,000 $90,000 HEAPR $50,000 $50,000 Old Main Utility Building Renovation $54,000 $27,000 $81,000 Old Main Utility Building Renovation $10,000 $5,000 $15,000 Itasca Facilities Improvements $4,060 $2,030 $ 6,090 Itasca Facilities Improvements $4,060 $2,030 $ 6,090 Eddy Hall & Space Optimization $14,000 $7,000 $21,000 Eddy Hall & Space Optimization $ 0 $ 0 $ 0 American Indian Learning Resource Center* $7,350 $3,675 $11,025 American Indian Learning Resource Center* $0 $0 $ 0 $169,410 $39,705 $209,115 $64,060 $ 7,030 $71,090 $105.3M reduction in State $ $ 32.7M Reduction in U of M Share $ $138.0M Reduction in Total

7 Protect Public Assets and Investment Repair and Replacement HEAPR Funds UMTC: Combined Heat & Power Phase 1 UMD: Utility Building

8 HEAPR Projects Funds are intended to preserve and renew existing campus facilities by funding five kinds of projects: Accessibility Building Systems (e.g. exterior envelope, mechanical and electrical systems) Energy Efficiency Health & Safety (e.g. hazardous material abatement, building code compliance) Infrastructure HEAPR funds are used throughout the University of Minnesota system. Funds are allocated to campuses and research stations based on facility need and overall space.

9 HEAPR Projects $50M will fund more than 50 projects system-wide The preliminary project list will be reviewed to confirm priority within the available funds. Projects include: UMC UTOC / Sahlstrom Conf. Center: Fire Sprinklers and Alarms UMD Heller Hall: Phase I HVAC, Code Compliance and Accessibility UMM Student Center: Fire System Upgrades and Auditorium Lighting UMTC Andrew Boss Meat Science: Abatement, HVAC, Laboratory Compliance UMTC Amundson Hall: Exterior Envelope, Abatement and Code Improvements UMTC Mechanical Engineering: Phase I Improvements

10 Combined Heat & Power Cost Control: Provide a financial hedge against future electric rates, providing steam and electricity more efficiently Reduce University cost for utilities. Reliability: Address projected steam capacity deficiency due to aging boilers and the growth of the campus. Reduce risk to Minneapolis campus due to all steam capacity being provided from one remote site Sustainability: Combined Heat and Power plant estimated to reduce campus carbon footprint by 10% or 65,000 metric tons of carbon

11 Ensure Student Success UMD: Lake Superior Hall Fire Safety Improvements UMD: Griggs Hall Window Replacement UMD: Kirby Student Center Renovation UMM: Green Prairie Living and Learning Center UMTC: Classroom and Study Space Upgrades UMTC: Siebert Field Ballpark Replacement UMTC: Amundson Hall Renovation and Expansion

12 Amundson Hall Chemical Engineering and Materials Science (CMES) department continues to be a leader in these fields Additional space for: 6 Principal Investigators 10 Post-Doc Researchers 50 PhD Students Renovation of existing structure four stories above grade and two stories below grade

13 Ensure Faculty Research Productivity/ Scholarly Impact UMD: Voss Kovach Hall 131 Lab Renovation UMD: Digital Video Laboratory UMTC: Microbiology Research Facility Building #4 of the Biomedical Research Facilities Program UMTC: Learning and Environmental Sciences Observational lab UMTC: Dwan Variety Research Center Angiography Suite UMTC: Rarig Center Theater Renovations

14 Fulfill Our Statewide Mission Itasca Biological Station and Laboratory UMTC: Ambulatory Care Center Proposed new facility in partnership with University of Minnesota Physicians and Fairview Health Services UMTC: Northrop Renovation

15 Northrop Renovation Phase II Unforeseen conditions Numerous complications discovered during deconstruction that could not previously have been detected Issues emerged from nonconformities with the 1929 documents and construction Complexity Intricacy of constructing a new building within an existing historic structure Record drawings from 1929 relied on by consultants were found to be quite inaccurate Cost Escalation Original budget created in 2009 based on predesign and forensic study Original budget assumed construction start in mid Board of Regents approval occurred in February 2011 when a full financing plan was developed

16 Potential Additions for the June meeting Campus Unit Facility Project Title Notes UMTC Food, Agriculture and Natural Resources Bio. & Ag. Eng. Annex Invasive Species Laboratory Legislative funding not approved UMTC Science and Engineering TBD Engines Laboratory Predesign and funding not complete UMTC Intercollegiate Athletics TCF Bank Stadium Food & Beverage Service Enhancements Predesign and funding not complete UMTC Facilities Management Eastcliff Roof Replacement Predesign and funding not complete UMTC Academic Affairs Mollecular and Cellular Biology CBS Student Service Relocation Predesign not complete UMTC Food, Agriculture and Natural Resources Landscape Arboretum Parking and Circulation Improvements Predesign not complete UMTC Pharmacy Weaver-Densford Hall ITV Classroom Improvements Pending $1M Compact request UMTC Science and Engineering TBD Medical Devices Center Relocation Predesign not complete

17 $ Capital Improvement Budget $513.7 Million (as included in the docket) $250 $251.3 $200 $169.4 $150 $100 $50 $21.2 $10.3 $24.1 $37.4 $- Local Funds Grants & Gifts University Funds Self Supporting Funds State Debt University Debt Dollars in Millions

18 2013 Capital Budget - Adjusted $375.7 Million $ $ $ $21.2 Local Funds $10.3 Grants & Gifts $24.1 University Funds Self Support Funds State Debt University Debt

19 Questions / Discussion