9FF0AC9339102F2B872583D7004E0303 Hearing Summary

PUBLIC
BILL SUMMARY For APPROVAL OF INTERCEPT PROJECTS, ADAMS STATE UNIVERSITY

JOINT COMMITTEE COMMITTEE ON CAPITAL DEVELOPMENT COMMITTEE
Date Apr 9, 2019
Location SCR 357

Approval of Intercept Projects, Adams State University -

Attachment Tag

File Name

Attachment

190409 AttachD.pdf

08:12:10 AM

Ms. Donaldson introduced a memo (Attachment D) describing the request from Adams State University. The request reauthorizes debt under the Intercept Program.

08:14:38 AM

Dr. Cheryl Lovell, President of Adams State University, introduced Heather Heersink, Chief Financial Officer of Adams State University. Ms. Heersink described the debt issuance for the institution's refinancing. Ms. Heersink responded to a question from the committee regarding the duration of the debt service.

08:16:53 AM	Motion	Approve and recommend to the Joint Budget Committee the proposed refunding of up to $34 million of existing intercept debt for Adams State University.
	Moved	Fields
	Seconded

	Beckman	Yes
	Sonnenberg	Yes
	Story	Yes
	Valdez A.	Yes
	Fields	Yes
	Roberts	Yes
	Final	YES: 6 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS

Approval of Intercept Projects, Adams State University -

Colorado General Assembly