Design and construction are now anticipated to take approximately 10 months and be complete by July 15, 2019. Finance and Administration Cabinet staff handle design team selection, bidding and procurement, and contract administration for this project as the scope exceeds $40,000.

Goal 1: Enhance Student Enrollment, Improve Student Life and Engagement, and Improve Student Advising and Career Development.

Renovating The Halls will provide an additional 319 beds for students for the upcoming academic year. This will alleviate overcrowding and any need to provide temporary housing for students. It will also increase capacity for the University's summer program, providing excess summer capacity which will allow other residence halls to be taken off line for cleaning, and renovation and repair.

COMMITTEE/PROGRAM ACTION: N/A

The Halls renovation is funded with university funds. It will be funded from the university's fund balance but will be repaid from auxiliary revenues. At full occupancy at current housing rates, The Halls will generate approximately $1,000,000 per year in housing revenues.

RECOMMENDATION: Approve the budget increase to $2,100,000 for The Halls renovation project.