J_CDC_2019A 09/04/2019 07:41:11 AM Committee Summary PUBLICSTAFF SUMMARY OF MEETINGJOINT COMMITTEE COMMITTEE ON CAPITAL DEVELOPMENT COMMITTEE Date 09/04/2019 Attendance Beckman * Sonnenberg X Story X Valdez A. E Fields * Roberts X X = Present, E = Excused, A = Absent, * = Present after roll call Time 07:41:11 AM to 09:21:48 AM Place SCR 357 This Meeting was called to order by Representative Roberts This Report was prepared by Vanessa Reilly Hearing Items Action Taken hPresentation of 2019 Higher Education Revenue Bond Intercept Program Report Committee Discussion Only hStaff Presentation on Higher Education Academic Debt Committee Discussion Only hConsideration of Two-Year Cash List, Colorado State University Approved hConsideration of Intercept Program Participation, Colorado State University Approved hConsideration of Real Property Transaction, Colorado Parks and Wildlife Approved hConsideration of Emergency Supplemental Request, Department of Personnel and Administration Approved Presentation of 2019 Higher Education Revenue Bond Intercept Program Report - Committee Discussion Only Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2019A/commsumm.nsf/0/60654B697A4F...$File/190904 AttachA.pdf?OpenElement 190904 AttachA.pdf 07:41:52 AM Dave Young, State Treasurer, presented the 2019 Higher Education Revenue Bond Intercept Program (Intercept program) report to the committee (Attachment A). 07:47:16 AM Treasurer Young responded to a committee question regarding why institutions choose to use the Intercept program. 07:47:43 AM Kori Donaldson, representing Legislative Council Staff, responded to a committee member question regarding Western Colorado University. 07:49:14 AM Treasurer Young responded to a committee question regarding the state's credit rating. Staff Presentation on Higher Education Academic Debt - Committee Discussion Only Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2019A/commsumm.nsf/0/125E81FD89FE...$File/190904 AttachB.pdf?OpenElement 190904 AttachB.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2019A/commsumm.nsf/0/73CFD3B91BCE...$File/190904 AttachC.pdf?OpenElement 190904 AttachC.pdf 07:59:11 AM Matt Bishop, representing Legislative Council Staff, gave a presentation to the committee on debt funding for academic facilities and distributed a handout (Attachment B). Consideration of Two-Year Cash List, Colorado State University - Approved 08:14:37 AM Lynn Johnson and Margaret Henry, representing Colorado State University (CSU) and the Colorado State University System, presented CSU's two-year cash list (Attachment C). 08:36:40 AM Ms. Johnson responded to committee members' questions. 08:37:35 AM Motion Approve the new projects listed on the Colorado State University two-year projections of cash need. Moved Fields Seconded Beckman Yes Sonnenberg Yes Story Yes Valdez A. Excused Fields Yes Roberts Yes YES: 5 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS Consideration of Intercept Program Participation, Colorado State University - Approved Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2019A/commsumm.nsf/0/C446EBAE355C...$File/190904 AttachD.pdf?OpenElement 190904 AttachD.pdf 08:38:12 AM Margaret Henry, representing the Colorado State University System, presented the Shephardson project to the committee. Legislative Council Staff distributed a handout (Attachment D). 08:41:13 AM Ms. Henry responded to committee members' questions regarding the Intercept program. 08:43:30 AM Kori Donaldson, representing Legislative Council Staff, responded to committee members' questions. 08:44:13 AM Motion Authorize the use of the Higher Education Bond Intercept program for the Shephardson Renovation and Addition project. Moved Fields Seconded Beckman No Sonnenberg Yes Story Yes Valdez A. Excused Fields Yes Roberts Yes YES: 4 NO: 1 EXC: 1 ABS: 0 FINAL ACTION: PASS Consideration of Real Property Transaction, Colorado Parks and Wildlife - Approved Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2019A/commsumm.nsf/0/792FF9A5BE6E...$File/190904 AttachE.pdf?OpenElement 190904 AttachE.pdf 08:44:42 AM Doug Vilsack and Rick Basagoitia, representing Colorado Parks and Wildlife and the Department of Natural Resources, presented the Hale South River Ranch property transaction (Attachment E). 08:46:58 AM Mr. Vilsack responded to committee members' questions. 09:05:42 AM Motion Recommend to the Colorado Parks and Wildlife Commission support for the Division of Parks and Wildlife's proposal to acquire access and conservation easements at Hale South River Ranch. Moved Fields Seconded Beckman No Sonnenberg Yes Story Yes Valdez A. Excused Fields Yes Roberts Yes YES: 4 NO: 1 EXC: 1 ABS: 0 FINAL ACTION: PASS Consideration of Emergency Supplemental Request, Department of Personnel and Administration - Approved Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2019A/commsumm.nsf/0/6F4E30485786...$File/190904 AttachF.pdf?OpenElement 190904 AttachF.pdf 09:06:13 AM Kara Veitch, Randy Gisebert, and Richard Lee, representing the Department of Personnel, presented the emergency supplemental request to the committee (Attachment F). 09:17:58 AM The panel responded to committee members' questions regarding the repair work. 09:21:27 AM Motion Approve the emergency supplemental request from the Department of Personnel and Administration for state funds to repair the plumbing systems in the State Capitol Annex Building ($4,070,023 CCF). Moved Fields Seconded Beckman Yes Sonnenberg Yes Story Yes Valdez A. Excused Fields Yes Roberts Yes YES: 5 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS 09:21:48 AM The committee adjourned.