Ohio Board of Regents Capital Submission-December 9th:

Six Year Capital Improvements Plan FY 2013-FY 2018

 

On Friday, November 18th, the Board of Trustees approved the first six years of a 20 year context capital improvement plan:

6 Year Approved Capital Plan Projects

20 Year Context Capital Improvement Plan Booklet

The six year capital improvement plan:

• Addresses top programmatic needs.

• Utilizes debt issuance for major rehabilitation of general fund buildings that will include programmatic reconfiguration.

• Utilizes anticipated state appropriations to provide for projects to adequately keep up our newer general fund buildings and tackle deferred maintenance projects in our older general fund buildings.

• Utilizes swing space so we can vacate buildings and do a better job of upgrading systems.

• Leverages gift and grant funding.

• Utilizes Residential Housing Auxiliary debt to upgrade housing stock and offer more options.

• Utilizes performance contracting to implement energy conservation measures with payment from the central utility account over a 15 year payback period.

• Utilizes public/private partnership to fund a Heating Plant Replacement.