Local

U Of M To Seek $170M From State For Building Plans

View Comments
(credit: CBS)

(credit: CBS)

MINNEAPOLIS (AP) – University of Minnesota regents are expected to approve a formal request to the Legislature for $170 million in building and renovation projects during their regular meeting Friday.

The 2011 capital budget request calls for the university to match the state’s contribution with nearly $40 million in bonds sold by the university for a total capital budget of $209 million.

The university would spend about $90 million to repair and upgrade existing buildings. The second-largest budget line, at $81 million, is the conversion of the Old Main Steam Plant on the Twin Cities campus into a multiple-use building with gas-fired turbines to generate electricity.

The regents are also expected to vote on President Eric Kaler’s pick for the next provost, Karen Hanson of Indiana University.

(© Copyright 2011 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

View Comments
blog comments powered by Disqus
Follow

Get every new post delivered to your Inbox.

Join 4,271 other followers