ITEM 113-2701-R1101 ATTACHMENT����������������������������������������


Board of Regents Policy: Physical Plant - Section 1003.7


This authority request is for an amount greater than $150,000, which requires the following additional information:


(a) Project Description:

The scope of this project includes leasing and renovation of additional space within the College of Business to support and assist economic as well as small business entrepreneurial development activities.� These activities will complement the Entrepreneur Center, the Center for Business Enterprise, and the Applied Economic Research Center currently housed in the College of Business Building.


(b) Cost Estimate:

Professional Fees - $40,000

Construction - $660,000

Equipment & Furnishings - $100,000

Lease - $400,000 (by University of Foundation Space for the period of October 1, 2001 B September 30, 2005)


This project will be financed with federal (VA-HUD-Independent Agencies Appropriations Act for FY 2001) funds.


(c) Programs served, enrollment data, projected enrollments:

The leasing of this space and the renovations will allow for expanded economic development programs and activities sponsored by the College of Business and the University.


�(d) Space Utilization Data:

������������ (Space utilization data is still under development by the Montana University B System Facilities Services Directors.)


(e) Projected use for available residual space:


(Not applicable to this authority request)


(f) Projected O&M Costs and proposed funding sources:

Projected O&M costs will be included in the proposed lease with federal funds.