2018-2024 CAPITAL PLAN PROPOSED CAPITAL PROJECT. FORM SYP-P2 PLAN VERSION - 1 4/17/2017

Branch: Executive Branch Cabinet/Function: Cabinet for Postsecondary Education Agency/Institution: KY State University

Project Title Acquire Land/Campus Master Plan 2020 Category Construction - Other Biennium 2020-2022 Location (county) Franklin Location (ADD) Bluegrass ADD Appropriation Unit 435U

Additional Funding? No

Brief Description/Justification:

This project allows the university to take advantage of a real property acquisition opportunity which will support the University's education program and campus development. It's primary purpose will be to purchase properties adjacent to the main campus pursuant to the University's Campus Master Plan. Acquisitions will provide additional land for campus development and expansion to include potential parking, recreational areas, classroom sites, housing and Land Grant Research facilities.

PROJECT BUDGET

Fund SourcesAmountCost ElementsAmount
General FundLand Acquisition2,000,000
Restricted Funds1,000,000Site Survey/Prep
Federal Funds1,000,000Project Design
Road FundConstruction Cost
Agency BondsMov. Equip/Furn.
Other(Private - Cash)Contingency
Other(LT Financing)Other(specify)
Other(Local Bonds)
Total2,000,000Total2,000,000

Explanation of Project Budget

In-House estimate was based on current estimating practices.

IMPACT ON OPERATING BUDGET?

PROJECT DETAIL Installation (Name and ID)Kentucky State University - 30301
Facility (Name)
Method of ProcurementPurchase
Fuel TypeCoal
Type of SpaceEducational and General
Completion Date09/2022

Existing Facility? No

No