RESOLUTION

concerning
The Use of Plant Funds to Finance the Replacement of

Kaiser Hall's Roof, Gymnasium Floor and Seating
at
Central Connecticut State University

January 28, 2005

WHEREAS,   Central Connecticut State University (CCSU) is in the process of designing a new replacement floor and bleacher system for Kaiser Hall's gymnasium due to their state of disrepair, and

WHEREAS,   The Connecticut General Assembly authorized funds in the amount of $1,663,500 for the replacement of Kaiser Hall's roof, gymnasium floor and bleacher system, and

WHEREAS,   Construction of a new roof is underway at a cost at a cost of $1,082,105, and will be completed in winter 2005, and

WHEREAS,   CCSU has used $130,000 in plant funds to design the projects in order to keep the two projects on schedule, and

WHEREAS,   The project cost to replace the floor, bleacher system and electronic wiring has an estimated shortfall in funding of $400,000, therefore be it

RESOLVED,   That CCSU is authorized to utilize up to $530,000 from their Plant Fund to finance the design and replacement of Kaiser Hall's roof, gymnasium floor and bleacher seating.

A Certified True Copy:

William J. Cibes, Jr., Chancellor