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NDUS Home  |  State Board of Higher Education  |  SBHE Agendas  |  2018  |  SBHE BFC November 27, 2018


SBHE BFC November 27, 2018

North Dakota State Board of Higher Education
Budget and Finance Committee

Meeting Notice and Agenda
November 27, 2018

The State Board of Higher Education Budget and Finance Committee will meet via conference call on Tuesday, November 27, at 3:30 - 4:30 p.m. CT. The call will originate on the 10th floor of the State Capitol, NDUS Conference Room, 600 E. Boulevard Ave., Bismarck, ND.

Call to Order
# Action Items

# Committee Business

1. Agenda
2. October 16, 2018, Meeting Minutes
3. Request approval to restate plan summary documents for 403 (b) and 457 (b) to include lump sum buyouts and leave payouts as eligible compensation for salary deferral.
4. Request approval for the 2019-20 Room, Board and Fee rate Guidelines.
5. DSU requests to ratify the Chancellor's interim authorization for DSU to increase the spending authority for the May Hall Mechanical Renovations from $1,280,000, to $1,410,000, an increase of $130,000 to be funded from auxiliary funds.
6. DSU requests to ratify the Chancellor's interim authorization for DSU to increase the spending authority for the renovation of Woods Hall from $1,800,000 to $1,971,000, an increase of $171,000 to be funded from auxiliary funds.
7. MiSU requests to increase spending authority for the seating maintenance and renovation project at the MSU Dome from $2.2 million to $2.8 million to be funded through external, privately-raised dollars. Also authorize Minot State University to advance $300,000 in local funds for project construction costs to be paid back as donor promises are realized.
8. VCSU requests to transfer $529,333 from the VCSU operations line to the capital assets line, as authorized in SB2003 (Section 20), for the 2017-19 biennium. VCSU will use these funds to complete $816,726 of projected comprised of the following:
a) Repair McFarland Roof, soffits, downspouts - $150,000
b) Fire Escape refinish - $24,000
c) Emergency Generator for student center - $143,089
d) Boiler hookups and stack for small boiler at heat plant - $342,000
e) Library Fire Alarm upgrade - $77,637
f) Miscellaneous small projects - $80,000
VCSU will fund $544,484 from VCSU operations line and use $272,242 of the 2:1 match dollars to fund these projects.
9. UND requests approval to rename J. Lloyd Stone House as Dr. Kathleen and Hal Gershman Engagement Center.
10. UND Summary of Bond Proposals
a) Approve a $25 million capital project request for parking infrastructure at UND, including authority to issue self-liquidating revenue bonds in an amount sufficient to fund deferred maintenance related to parking infrastructure. Further, authorize the System Office and UND to solicit approval for the project from the 66th Legislative Assembly.
b) Authorize a [$80 million or $135 million] capital project for UND to address deferred maintenance on the university's core campus. The project would be funded with North Dakota Building Authority (NDBA) bonds, which would be paid back with tuition dollars generated from tuition rate increases, not state general fund appropriations. Further, authorize the System Office and UND to solicit project approval from the 66th North Dakota Legislative Assembly.
c) UND Requests approval of the resolution submitted this day authorizing the North Dakota University System to pursue legislative changes related to project financing mechanisms.


________________________________________
Contact Kristie Hetzler at (701) 328-2966 or Kristie.hetzler@ndus.edu prior to the scheduled meeting date if auxiliary aids or services are needed.


Bismarck State CollegeDakota College at BottineauDickinson State UniversityLake Region State CollegeMayville State UniversityMinot State UniversityNorth Dakota State College of ScienceNorth Dakota State UniversityUniversity of North DakotaValley City State UniversityWilliston State College
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