U of M, MinnState present bonding requests
The University of Minnesota and Minnesota State presented their capital investment (bonding) requests for the 2019 session to the Senate Higher Education Committee this week.
The University presented a bonding request and its plan for Higher Education Asset Preservation (HEAPR) funds. HEAPR funds are used for mechanical and utility maintenance and replacement, roof repair, asbestos abatement and other infrastructure needs.
The U of M is requesting $232.3 million total in HEAPR funds. $200 million of those funds would be used systemwide at the Crookston, Morris, Duluth, and Twin Cities campuses and at research and outreach centers and field stations. $32.3 million would be used for building construction and renovation, including $28 million for the Child Development Building replacement and $4.3 million for the renovation of A.B. Anderson Hall at UMD. MinnState is requesting $159 million in HEAPR funds for systemwide infrastructure updates, including boiler and roof replacements, window and exterior repairs, and advance design plans for future projects.
No decisions have yet been made on the size of a Capital Investment bill this session.